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FHA To Promote Greater Residential and Commercial Development in OZs

Published on August 9, 2019 by HUD,Opportunity Zones, FHA
FHA To Promote Greater Residential and Commercial Development in OZs

WASHINGTON – To stimulate greater multifamily residential and commercial development in Opportunity Zones, U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced the Federal Housing Administration (FHA) will insure mortgages on mixed-use development under the agency’s Section 220 Program in thousands of lower income communities across the country.

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