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Funding a 20-year R4R - MBA Newslink - May 1, 2015

The MBANewslink last Friday picked up a great piece discussing the HUD Multifamily PCNA requirement for funding a future 20-year reserve for replacement (R4R) schedule, and its’ deleterious effects on affordable housing.  As the author put it “The bottom line is that affordable rental housing is getting squeezed.” 

Read here:  http://www.housingwire.com/articles/33752-changes-in-fha-multifamily-lending-requirements-squeeze-lenders-owners

We concur that a 10+2 R4R schedule is more accurate and appropriate.

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