Based on their demonstrated performance as the Senator from Florida has pointed out and my own knowledge of the Missouri Housing Finance Agency, I would also expect HUD to approve many HFAs as PAEs. I also agree that HUD should not require the HFAs that act as PAEs to go through any unnecessary administrative steps in restructuring properties. I would especially be concerned if HUD created impediments in the HFAs ability to provide financing, such as risk-sharing, for restructuring transactions.
Editor's note · Context
Discussing the role of Housing Finance Agencies in relation to HUD and property restructuring.
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