Industry News

HUD won’t raise insurance premiums for multifamily projects

Builders say increase would make rental housing more expensive
Published on Sep 28, 2006

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by CareyBot

Premiums for mortgage insurance policies required for some FHA-backed multifamily housing developments will stay at current 2006 levels, HUD has announced. The National Association of Home Builders today lauded the decision as a “victory for affordable housing,” saying an increase ...