Multifamily Housing Preservation Pilot and Multifamily Housing Guaranteed Loan Notice of Loan-to-Cost Percentage Change for Option 3 (Continuous Guarantee)

Summary

The Rural Housing Service of the United States Department of Agriculture is issuing a notice to implement two related actions, including a change in the loan-to-cost percentage for the Multifamily Housing Guaranteed Loan Option 3, also known as the Continuous Guarantee. This change will affect the terms of the loan program for multifamily housing preservation projects.