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federal_register: 05-17242

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
05-17242 Changes in Certain Multifamily Mortgage Insurance Premiums Notice In accordance with HUD regulations, this notice announces the changes of the mortgage insurance premiums (MIP) for the following Federal Housing Administration (FHA) multifamily mortgage insurance programs whose commitments will be issued or reissued in Fiscal Year (FY) 2006: <bullet> All sections of the National Housing Act where the mortgagor equity is produced from the proceeds of the sale of low- income housing tax credits (LIHTC): The MIP is reduced to 45 basis points. <bullet> Section 207/223(f) refinance or purchase of apartments: The MIP is reduced to 45 basis points. <bullet> Section 223(a)(7) refinance of FHA insured apartment mortgages: The MIP is reduced to 45 basis points. Under the Department of Housing and Urban Development Reform Act of 1989, Pub. L. 101-235 (approved December 15, 1989) and HUD's implementing instructions, a sponsor is required to submit a certification regarding governmental assistance, including any low- income housing tax credits, with all mortgage insurance applications. 2005-08-30 2005 8 https://www.federalregister.gov/documents/2005/08/30/05-17242/changes-in-certain-multifamily-mortgage-insurance-premiums https://www.govinfo.gov/content/pkg/FR-2005-08-30/pdf/05-17242.pdf Housing and Urban Development Department 228 In accordance with HUD regulations, this notice announces the changes of the mortgage insurance premiums (MIP) for the following Federal Housing Administration (FHA) multifamily mortgage insurance programs whose commitments will be issued or reissued...  

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