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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. Housing Finance Agency (HFA):State or local agencies responsible for financing and preserving low and moderate-income housing within a state.

Finance 59
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Scam Ahead

American Apartment Owners Association

Ponzi operators rope in even seasoned investors with promises of real property and guaranteed returns before cash vanishes, leaving victims’ finances devastated and diminishing trust in the industry. In less than a year, the scheme collected nearly $23 million from investors.

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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. In addition to the savings, refinancing might be used to draw out capital from an existing property investment to free funds for another property investment. Both could be financed at the record low interest rates we are currently experiencing. Absolutely!

Finance 52