HMFA development and financing experts help each project obtain the best possible financing for the long-term benefit of the building and its residents. HMFA will monitor and assist prospective developers in processing an application; however, it is the development team who must initiate and coordinate the actions and events required to advance a proposal through its various stages from concept to completion. A typical development team is comprised of the developer, attorney, architect, general contractor, and, after completion of a development, a managing agent.

Please Take Notice
The underwriting guidelines, policies, procedures, and forms here may be amended from time to time due to changes in market conditions and/or changes in HMFA's housing policies or initiatives. Such amendments may occur without notice and are applicable to all pending and future applications. Applicants are, therefore, responsible for contacting the HMFA to ascertain whether or not there have been any changes since the date of issuance of the information provided here and for complying with such changes.