Multifamily Housing Finance

Download or read book Housing Finance written by Judy A. England-Joseph and published by DIANE Publishing. This book was released on 1997-06 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: Credit enhancements are mechanisms for transferring credit risk from one party to another, such as mortgage insurance. This process could expand the availability of capital to finance the construction of decent and affordable multifamily rental housing. This report examines: the problems that have led to the shortage of mortgage financing for such housing; the factors limiting the expansion of opportunities for financing multifamily housing; alternative forms of federal credit enhancements; and ways to estimate and limit the Federal government's exposure to risk in adopting specific credit enhancements. Charts and tables.