


Loading in 2 Seconds...
Loading in 2 Seconds...
U.S. Department of Housing & Urban Development IPED Conference HUD Financing Programs Todd Wendorf, HUD OPHI July 10, 2008. Introduction. Modernization Backlog. Current backlog estimated at $18 billion Annual accrual approximately $2 billion
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Urban Development
IPED Conference
HUD Financing Programs
Todd Wendorf, HUD OPHI
July 10, 2008
Overview of QHWRA of 1998
CFFP Successes
Potential Benefits of CFFP
What Is the Purpose of a Portfolio Schedule:
What Is a Sensitivity Analysis?:
What if the anticipated funds are insufficient to meet the estimated needs? (Cont.)
The PHA must consider its options, including:
KEY POINTS
Confidential - Internal Distribution
Top 4 Things that Slow Down a CFFP Proposal
The United States Housing Act of 1937
Sec. 30: Public Housing Mortgages and Security Interests
HUD will look for legal provisions of a similar nature:
Real Estate that may be mortgaged (subject to HUD approval)
Key Risks
NO FEDERAL LIABILITY.
—No action taken under this section shall result in any liability to the Federal Government.