Lending

What We Do

RMCRC specializes in providing permanent financing for multifamily rental properties that serve low-to-moderate income households. Our streamlined lending process, combined with extensive experience in navigating challenging loans, makes us an ideal partner. We are well-versed in the nuances associated with subordinate debt, ground leases, condominium structures, and various federal subsidies such as Section 8 Housing Assistance Payments, USDA Section 521 Rental Assistance, and Section 42 Low-Income Housing Tax Credits (LIHTC).

Explore our range of affordable housing loan products below to find the option that best meets your needs. If you don’t see what you’re looking for, please contact us to discuss innovative solutions.

INVESTOR LIHTC

Permanent loans for multifamily real estate properties during the initial LIHTC compliance period with the LIHTC investor holding a majority ownership interest of the borrowing entity. Eligible properties are those that have been recently constructed or substantially rehabilitated.

Up to 40-year amortization
Up to 16-year maturity
Up to 34-month forward commitment
Competitive rates based on Treasury

Non-Investor LIHTC

Permanent loans for multifamily real estate properties during the extended LIHTC compliance period. Eligible properties include those that are being acquired, have recently undergone rehabilitation, require refinancing to preserve affordability, or are seeking moderate rehabilitation.

Up to 40-year amortization
Up to 10-year maturity
Competitive rates based on Treasury

Affordable Non-INVESTOR LIHTC

Permanent loans for affordable multifamily real estate properties. Eligible properties include those that are being acquired, have recently undergone rehabilitation, are newly constructed, require refinancing to preserve affordability, or are seeking moderate rehabilitation. These properties are subject to RMCRC’s affordability requirements.