Housing and Community Development Act of 1989: Hearings Before the Subcommittee on Housing and Community Development of the Committee on Banking, Finance, and Urban Affairs, House of Representative, One Hundred First Congress, First Session, May 18, June 29, September 6, 7, 12, and 13, 1989U.S. Government Printing Office, 1989 - 1860 halaman |
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Halaman 30
... equity is required in a section 515 complex , and that is correct . However , only an 8 percent return is allowed on that 3 percent equity . When you are talking about fairly small complexes and when you start talking about an 8 percent ...
... equity is required in a section 515 complex , and that is correct . However , only an 8 percent return is allowed on that 3 percent equity . When you are talking about fairly small complexes and when you start talking about an 8 percent ...
Halaman 31
... equity invested . However , on further reflection , the sponsors realized that there had to be the incentive of appreciation to entice the necessary pri- vate investment . Accordingly , under the now proposed legislation , after a 15 ...
... equity invested . However , on further reflection , the sponsors realized that there had to be the incentive of appreciation to entice the necessary pri- vate investment . Accordingly , under the now proposed legislation , after a 15 ...
Halaman 32
... equity in the project . Accordingly , after a specified period , such as 15 years , the devel- oper could obtain an FmHA guaranteed second mortgage for 90 percent of the then - equity in the project . This would permit the de- veloper ...
... equity in the project . Accordingly , after a specified period , such as 15 years , the devel- oper could obtain an FmHA guaranteed second mortgage for 90 percent of the then - equity in the project . This would permit the de- veloper ...
Halaman 34
... equity is assumed to be $ 250,000 . Equity percentage return to investors after 15 years would be 85 percent of what they initially invested in the project , and we have a maximum annual increase in a CPI , an inflator of 5 percent . We ...
... equity is assumed to be $ 250,000 . Equity percentage return to investors after 15 years would be 85 percent of what they initially invested in the project , and we have a maximum annual increase in a CPI , an inflator of 5 percent . We ...
Halaman 37
... equity takeout , which has been mentioned earlier by this panel , might be provided if the project remains low - income hous- ing . Also , removing the cap on the amount of return earned could be considered to keep builders interested ...
... equity takeout , which has been mentioned earlier by this panel , might be provided if the project remains low - income hous- ing . Also , removing the cap on the amount of return earned could be considered to keep builders interested ...
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Administration affordable housing agency amended amount assisted housing believe bill Block Grant borrowers budget CDBG Chairman GONZALEZ Committee Community Development Act Congress County downpayment eligible Elliott County equity existing families Farmers Home Farmers Home Administration Fauntroy FHA loan FHA's financing fiscal year 1990 FmHA funds going hearing Hispanic homebuyers homeless homeowners homeownership Housing Act Housing and Community housing assistance housing authorities housing programs housing stock HUD's incentives increase interest rates investment investors issue legislation lenders loan low and moderate low income housing ment million moderate income moderate-income mortgage insurance nonprofit opportunity owners ownership payments percent poverty line prepay prepayment problem projects proposed public housing RATTLEY rehabilitation rent rental housing restrictions ROUKEMA rural housing Section 515 servicing statement subcommittee subsidized housing subsidy tax credit tenants testimony Thank tion Urban West Dallas WYLIE