Senior Directors Robyn Cunningham and Peter Wessel along with Directors Adrian Hartman and Brian Robertson will be exhibiting at the Multifamily Executive Conference in Las Vegas, NV September 22-24. Join us at booth #601 to meet our team of multifamily finance experts.
August 29, 2014
August 27, 2014
Many of us appreciate the role that affordable apartment properties play in providing housing to Virginians who wouldn’t otherwise be able to afford it, but few genuinely understand what goes into preserving those meaningful living quarters in the state’s affordable housing supply. It’s an information gap that needs to be closed soon: During the next five years, more than 25,000 affordable apartment units reserved for tenants with incomes at or below 60 percent of an area’s median income and financed by the Virginia Housing Development Authority (VHDA) will conclude their mandatory 15-year lockout period, the compliance period during which a property that received federal low-income housing tax credits (LIHTCs) must maintain a certain amount of affordable units. At that point, many owners may need to invest heavily to modernize their properties or sell them to offload the financial burden.
August 26, 2014
August 20, 2014
Director Adrian Hartman will be attending the Illinois Healthcare Association’s Convention & Trade Show September 8-11 in Peoria, IL. Stop by booth #1005 to discuss your healthcare facility’s financing needs with Adrian.
August 19, 2014
The Love Funding team recently gathered in Boston to celebrate our 30th anniversary and discuss plans for the company’s future. We enjoyed our time together and are proud of where we stand today as a top FHA lender; however, we recognize that our success means nothing without strong client relationships. So as a team, we put our heads together to identify measures to ensure that our clients keep coming back. We are streamlining internal processes, expediting underwriting procedures, simplifying loan documents and building out a loan portal to provide our clients with the very best in customer service.
We are also excited about the many changes happening at HUD, including a new 232 handbook to improve efficiency on the healthcare side and a detailed plan for the multifamily transformation. Stay tuned for more information, and in the meantime, let us know how we can better serve your needs.