Agency Lending
Assess the right agency or HUD path for your multifamily or affordable-housing asset.
Agency and HUD programs can be strong permanent-debt options for qualifying assets. The right fit depends on the property, sponsor, affordability profile, and timeline.
The process is document-heavy and timeline-dependent. Understand eligibility, underwriting, inspection, and diligence requirements before you commit.
NYC Multifamily & Agency Programs
For NYC multifamily, Fannie Mae, Freddie Mac, and HUD programs may serve distinct acquisition, refinance, and construction needs. Each program has its own eligibility and execution requirements.
For a portfolio, sequencing and structure should be considered across the full capital plan—not one loan at a time.
Typical Deal Parameters
| Loan Size | $1M (HUD Small) to $500M+ |
| Leverage | Up to 80% LTV (market rate); up to 87% (affordable) |
| Term | 10, 12, 15, 30 years (Fannie/Freddie); 35 years (HUD) |
| Rate | Fixed; Treasury/swap-based spread |
| Recourse | Non-recourse (standard) |
| Programs | Fannie Mae DUS, Freddie Mac Optigo, HUD 223(f), HUD 221(d)(4), Green Rewards |
Have a multifamily asset that may fit agency or HUD financing? Start with the asset, business plan, timeline, and other permanent-debt options.