FHA/HUD Insured Lending
Wooden McLaughlin has extensive experience representing lenders, owners and developers of multifamily facilities with loans insured by the Federal Housing Administration (FHA), including loans insured under Sections 221(d)(4), 223(f), 223(a)(7), and 241 of the National Housing Act. Our team draws upon its experience working with the HUD offices and knowledge of the FHA programs to facilitate loan closings in an effective and efficient manner. In a typical year, our FHA team closes more than 100 loans in Housing and Urban Development (HUD) offices across the country.
In addition to our FHA multifamily program capabilities, the Wooden McLaughlin team has experience representing owners, operators, developers and lenders with licensed long-term healthcare facility transactions pursuant to Section 232 of the National Housing Act and the HUD LEAN Program, providing counsel for acquisitions, new construction, refinance transactions, operator leases, management agreements, and full and modified review transfers of physical assets.
The Wooden McLaughlin FHA team has significant experience structuring and closing FHA-insured affordable housing transactions, including Low Income Housing Tax Credit (LIHTC), tax exempt bonds (short term cash collateralized bond structures and long term bond issues secured by GNMA securities), Home Investment Partnership (HOME) funds, Affordable Housing Program (AHP) funds and various state subsidy and loan programs. Our FHA group also regularly represents lenders and owners in transfers of physical assets (TPA), with in depth knowledge of both modified and full review TPA transaction processes.
Our services include:
- Mixed Use
- Low-Income Housing Tax Credits (LIHTC)
- HOME Investments Partnerships Program (HOME)
- Licensed and/or Regulated Long-term Care Facilities
- Transfer of physical assets (both full and modified review)
- Ground lease structures and related issues
- Other affordable housing programs