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NAHMA Rural Housing Update: USDA releases guidance on implementing revitalization relief plans for approved MPR deferral transactions
Recently, USDA-Rural Development released an Unnumbered Letter (UL) on the implementation of relief efforts for borrowers with accepted Conditional Commitments that have debt deferral as a financing tool under the Multifamily Preservation and Revitalization (MPR) Demonstration program for Sections 514, 515, and 516.
To read the UL, please view the attachment or click here.
Juliana Bilowich, Government Affairs Coordinator
National Affordable Housing Management Association
400 N. Columbus St., Suite 203, Alexandria, VA 22314
Phone 703-683-8630, ext.116 Email jbilowich@nahma.org, Website www.nahma.org