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Financing Programs for Housing, Skilled Nursing and Assisted Living Providers

by Published On: May 02, 2011
  • FHA SECTION 202/223(f) Financing for Prepayment of Section 202 Direct Loan. Program Features FHA SECTION 221(d)(3) Financing for New Construction or Substantial Rehabilitation of Multifamily Rental Housing. Program Features 
  • FHA SECTION 221(d)(3) Financing for New Construction or Substantial Rehabilitation of Multifamily Rental Housing. Program Features 
  • FHA SECTION 221(d)(4) Financing for New Construction or Substantial Rehabilitation of Multifamily Rental Housing and Elderly Housing Including Low-Income Housing Tax Credits and Section 8 Rental Assistance. Program Features 
  • FHA SECTION 223(a)(7) Refinancing of properties currently subject to FHA insured project loans. Applies to all of the FHA loan programs including multifamily housing, elderly housing, nursing homes, assisted living facilities and hospitals. Program Features 
  • FHA SECTION 223(f) Financing for the Purchase or Refinancing of Existing Multifamily Rental Housing. Program Features 
  • FHA SECTION 241 Supplemental financing for the improvements or additions to a multifamily project or healthcare/senior housing project already financed by an FHA insured project loan. Program Features 

Sims Mortgage Funding, Inc. (SMF) originates Federal Housing Administration (FHA) insured loans for the construction, rehabilitation, acquisition and refinancing of healthcare, senior housing and multifamily rental projects. Established in 1984, SMF is a subsidiary of Herbert J. Sims & Co. (HJ Sims), a nationally recognized investment banking firm that specializes in debt and equity financing for the senior living industry.

 



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