Healthy Housing Rewards: Summary Healthy Housing Index score of 90 - - PowerPoint PPT Presentation

▶

Mar 21, 2023 339 likes •408 views

Healthy Housing Rewards: Summary Healthy Housing Index score of 90 or higher out of 140 total points Financial benefit for owners 15 bps 60% or more restricted to 60% AMI Healthy Housing: Qualify Email

SLIDE 1

SLIDE 2

Healthy Housing Rewards: Summary

Healthy Housing Index score of 90 or

higher out of 140 total points

Financial benefit for owners – 15 bps
60% or more restricted to 60% AMI

SLIDE 3

Healthy Housing: Qualify

Email housing@centerforactivedesign.org to for

preliminary feedback.

Underwriting: Submit Evidence of Qualification
Location, Neighborhood Scale, Accessibility, Entrance &

Ground Floor, Stairwells, Indoor Environment, Shared &Living Spaces

Underwriting: CfAD will confirm Health Housing

Index score within 4 weeks.

$6,000 Cost reimbursed by Fannie Mae
Index is Evidence Based

SLIDE 4

Healthy Housing: Benefits

Financial benefit for owners – 15 bps per

annum

Applies to acquisition rehabs, new

construction and refinances

Program Features:
Mod Rehab, Green Rewards, Near

Stabilization, ROAR. M.tebs, Fixed rate loans, Variable rate loan, Declining prepayments, Early Rate Lock, forwards, immediate, Section 8 or LIHTC.

SLIDE 5

Healthy Housing: Limitations

60% or more restricted to 60% AMI and

qualifies as “Multifamily Affordable Housing”

“One time” certification
Doesn’t apply to future financing
Properties can’t be “re-certified”