Geraldine Hamm

Last week, HUD announced that it is lowering multifamily mortgage insurance premiums (MIPs) to .25% across all programs.  HUD has published a notice in the

You may recently have heard that HUD has a new policy regarding the inclusion of repairs in Section 232/223(f) insured loans. This is a new,

Active adult communities have become one of the fastest growing sectors of the senior housing industry.  Growth has been fueled by increasing demand from Baby

It was a very good year for business development as we added the following new projects to our deal pipeline: Our consulting successes led to

Happy New Year!  We’re off to a great start in 2025.  HUD just made it official with two recent announcements: we now have lower debt service coverage (DSC)

For owners and managers of affordable housing projects with Section 8 rental assistance, to paraphrase Dickens, it is the best of times and it is the worst of times. 

It’s right there on our website, telling you who we are:

Sims Mortgage Funding, Inc. originates, underwrites, and funds loans for healthcare and housing projects. We focus primarily on financings insured through Federal Housing Administration (FHA) programs…

One of the trendier types of real estate these days are BTRs and SFRs. Wut? Build To Rental (BTRs) and Single Family Rentals (SFRs) are single-family homes and/or combinations of single-family and attached homes or townhouses that are operated as a multifamily rental community. They feature apartment-type amenities and provide residents with more space and the appearance of home ownership on a rental budget. Wall Street and a host of other institutional investors have deployed significant capital towards the acquisition and development of BTRs and SFRs.

In the 1980 classic movie, The Blues Brothers claimed they were on a mission from God.

While it may not be as divinely-inspired as Jake’s and Elwood’s cause, HUD has a mission too, but it’s quite lofty if you are searching for capital for multifamily housing projects and coming up short.