HPD is looking for properties that meet this Investment Criteria:
- Minimum of 50 rentable units;
- Ten year continuous ownership prior to sale or existing public financing.
HPD also has interest in properties with these additional characteristics:
- Possession of a form of federal, state or local rental assistance, including HUD Section 8, USDA Rental Assistance or other rental subsidies;
- Currently subject to affordability restrictions.
Special interest is given to properties with expiring USDA (formerly Farmers Home Administration) loans, including Section 515 mortgages and HUD Section 221(d)(4), 221(d)(3), 202, 223(f), and 236 mortgages.
If you have a property you think would interest Highland or if you have a Request for Proposals/Qualifications, please Contact Us