All the financing resources you need under one roof

First Housing mobilizes capital to finance multifamily housing in the state of Florida and beyond.


Learn moreArrow

Place your confidence in first housing.

We provide easy and reliable tenant compliance monitoring and top notch training. Complying with public agencies' multifamily housing requirements isn't always easy, but it is familiar territory for First Housing.


Learn moreArrow

Manage the financing process with intelligence and ease.

We help lenders and investors make sound decisions by proving underwriting, financial analysis, servicing and loan administration services.


Learn moreArrow

First Housing University

Dedicated to enhancing knowledge of affordable property compliance with web courses, workshops, workshops, and personalized training.


Learn moreArrow

FHA Exhausted Commitment Authority

Posted on: September 26th, 2013 by admin No Comments

On September 16th, HUD issued a letter announcing that FHA has exhausted the $25 billion of mortgage insurance commitment authority Congress appropriated for FHA’s multifamily, risk-sharing, and health care programs for Fiscal Year (FY) 2013. However, their fiscal year ends September 30, 2013. The HUD letter states that beginning September 16, 2013 and through September 30, 2013, FHA will continue to accept and process new mortgage insurance applications under Multifamily and Healthcare programs, but will be unable to issue commitments; all transactions requesting commitment authority between now and the end of the fiscal year will be placed in queue, behind other transactions already in queue. When new Commitment Authority is made available in the new fiscal year, projects will be issued commitments in the order of this queue.


Leave a Reply

© Copyright 2020 First Housing FL. All rights reserved. 107 S. Willow Ave. | Tampa, FL 33606 | mail@firsthousingfl.com | Privacy Policy

Skip to content