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Affordable and public housing glossary of terms

MRI Software

Annual Contribution Contract (ACC):Annual contracts with Public Housing Authorities (PHAs) for payments toward rent, financing debt service, and financing for modernization. Whichever method is used to maintain the waiting list, the owner must establish a method of documenting the appropriate selection of applicant names from the list.

Finance 59
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Refinance with Record Low Interest Rates!

Real Property Management Choice

A mortgage taken out in 2012 cost an average of 5% interest rate. Both could be financed at the record low interest rates we are currently experiencing. Expect the refinancing application to require past tax returns, detailed analysis of the property including a new appraisal, income and expenses. Absolutely!

Finance 52