Financing With Taxable Bonds

Our taxable bond financing provides fully amortizing, non-recourse mortgage loans that can also be paired with 9% Housing Credits. It’s ideal for mixed-income or mixed-use/mixed-income developments that offer both workforce and market-rate units.

If you’re looking for a fixed-rated construction loan with the ability to seamlessly convert to permanent financing, this may be a great option for you. These loans are available for private, for-profit and not-for-profit developers.

 

Virginia Housing is a frequent issuer of bonds. As such, our rates include bond counsel fees, rating agency fees and bond underwriting fees, and require no bond insurance or additional credit enhancements.

 

Multifamily Interest Rates and Fees

Rates are updated daily on our website. Rates are locked upon return of commitment and all fees.