Acquisition and Preservation
NOAH’s Acquisition and Preservation Loan Products provide affordable, flexible financing for acquiring and preserving affordable housing.
Project Types
- Multifamily rental housing with expiring federal rental subsidies (HUD or RD) or Section 42 tax credits approaching the end of the contract compliance period.
- Mixed use development with a housing component, provided that the effective gross income from commercial tenants cannot exceed 20% of the total effective gross income.
- Acquisition of market rate property, unrestricted by regulatory agreements, with the intent to transition to affordable housing.
- Acquisition of land that will have affordable housing development.
- Acquisition of manufactured home parks.
Available Loan Products
Click on each product to download a detailed summary.
- OHAF Preservation Loans
- OHAF Gap Loans
- Land Acquisition Loans
- OHAF Market Conversion Loans
- OHAF MHP Loans
Click here to download a detailed summary matrix of all available loan products and terms.
For More Information
For further information, to submit an application, or to discuss alternative financing options, please contact:
.(JavaScript must be enabled to view this email address), Deputy Director and Director of Lending
