Generally for community development lending purposes, the only way to qualify for affordable housing recognition is to extend a mortgage for multifamily housing that is affordable and occupied by low-or moderate-income tenants. As observed by the previous poster the loans may qualify for revitalization/stabilization if they are in a low-income or moderate-income tract or tracts targeted by federal, state, local or tribal government.
Last edited by Len S; 08/16/19 06:51 PM.
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