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    HUD Offering Incentives to Multifamily Owners to Invest in Opportunity Zones

    The U.S. Department of Housing and Urban Development recently announced a package of incentives to encourage multi-family property owners to invest in thousands of neighborhoods located in Opportunity Zones across the nation.  According to the release the FHA is introducing reduced application fees paid by property owners applying for certain multifamily mortgage insurance programs for the development or rehabilitation of apartment units located, or proposed to be located, in Opportunity Zones.

    Click here to read the release.

     

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