FHA Reduces Multifamily Housing Insurance Rates to Support Energy Efficiency

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The Federal Housing Administration announced a new plan to reduce multifamily insurance rates in order to encourage capital financing of affordable and energy-efficient apartments. The rate reduction will take effect on April 1, 2016, and will directly impact FHA’s Multifamily Housing Programs and properties housing low- and moderate-income families and/or developments installing energy-efficient systems or buildings within federal energy guidelines.

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