What is a funding mechanism for rehabilitation?
It defines the form and substance of the financial assistance that will be provided to participants. The funding mechanism determines (1) who qualifies for financial assistance and (2) in what amount. The types of financial assistance offered should be based on local factors including, but not limited to, the percentage of low- and moderate-income residents, ability of residents to pay a portion of rehabilitation costs with private funds, willingness and availability of local lenders to participate in the program, condition of the housing stock, age of participants (e.g., elderly, young working couples, presence of lead paint or other hazardous materials, and number of years the program has been operating.
What is the most important aspect of a housing rehabilitation program?
One of the most important aspects of a housing rehabilitation program is program management. To insure this a strong and comprehensive management plan must be designed and implemented.
Multifamily Housing: Midwest Region, The Alfred at 30 East Adams Case Study
HUD's Federal Housing Administration (FHA) "Office of Multifamily Housing Programs" is responsible for the overall management, development, direction and administration of HUD's Multifamily Housing Programs.
Multifamily Real Estate for Sale
Find real estate for sale. HUD/FHA foreclosures or REO sales of apts, townhouses, nursing homes, hospitals, mobile homeparks, vacant land, etc.
How to Get Started
Call us to talk about your new multifamily construction or gut rehab project—and get us involved early. An energy consultant will work with you from start to finish to inform the design, recommend energy-efficient approaches, and provide you with financial incentives.
Products and Services for Landlords
All existing rental properties qualify for appliance and heating and ventilation system rebates, as well as free energy-efficient products including LEDs, low-flow shower heads, and faucet aerators.
Income-Based Multifamily Renovation
We contract with 3E Thermal to deliver incentives and manage efficiency upgrades for multifamily properties with at least 50% occupancy by renters with limited incomes. 3E Thermal conducts an audit, develops a scope of work, and coordinates with contractors and your local weatherization agency.
