Weld County: County Supports Regional Housing

The Board of Weld County Commissioners approved transferring the County’s 2016 allocation of Private Activity Bonds (PABs) to the Colorado Housing and Finance Authority. The $7,456,700 in PABs will be used on a senior housing project in Greeley. PABs are tax-exempt bonds allocated to the State by the Federal government and are used by theContinue reading “Weld County: County Supports Regional Housing”

Nation: Feds Announce Changes to PACE Loans

The Federal Housing Administration (FHA) and Department of Veterans Affairs (VA) announced changes to the treatment of Property Assessed Clean Energy (PACE) loans. This new guidance, which goes into effect immediately, states that PACE loans will remain in a subordinated position on most FHA mortgages, in line with long-standing guidance from the Federal Housing FinanceContinue reading “Nation: Feds Announce Changes to PACE Loans”