Section 8 Housing Diligence?

Asking from lender perspective - anyone have experience with projects involving Section 8?

  • What kind of diligence should senior lender ask for or perform?
  • Are there common concerns/issues related to administration of program with local authorities?
  • Is there a consensus in the industry with respect to Trump and all the headlines about cuts at HUD and other program reductions?

Hardly a transaction I am excited about, but our institution has no subject matter expert so I'm trying to figure it out on my own. 

1 Comments
 

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