Board ratifies conditional commitment letters for multiple multifamily projects
The board ratified the chair's execution of conditional commitment letters and issuer certifications for nine to ten multifamily projects to preserve eligibility for THDA funding rounds and comply with federal timing guidance; staff said applications and inducements are moving forward.
The full story
The Health, Education and Housing Facility Board ratified the chair’s earlier execution of multifamily tax‑exempt bond conditional commitment letters and borrower/issuer certifications covering a group of projects across the city and region, allowing the projects to preserve eligibility for state and federal housing funding processes.
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