Did HUD Just Open the Floodgates for Loans?

Some borrowers and lenders remain under pressure with property values still down from their peak and interest rates still elevated at this point in the rate cycle, with the Department of Housing and Urban Developing proposing more relaxed loan standards, and housing continues to play a sizable role in the political conversation at the height of election season. Sources discussed in this episode: Bisnow: “Both Presidential Candidates Want To Solve The Housing Crisis. Do They Have The Power?” - https://www.bisnow.com/national/news/multifamily/housing-policy-proposals-kamala-harris-donald-trump-126324 HUD - “New Guidelines for 223(f) and 221(d)4” - https://www.hud.gov/sites/dfiles/Housing/documents/Draft_ML_Governing_Rollback_of_TV_DSCR_Final_DraftingTable.pdf Fannie Mae: “Build-to-Rent Overview” - https://www.fanniemae.com/media/53426/display CBRE: “Build-to-Rent Residential Market Overview” - https://www.cbre.com/insights/reports/build-to-rent-overview-2024 John Burns Research and Consulting: “Slowing immigration set to give a smaller boost to housing” - https://jbrec.com/insights/immigration-slowdown-in-2025-expected-to-decrease-rental-demand/ CoreLogic: “National Rent Growth Remains Slow and Steady in August” - https://www.corelogic.com/press-releases/corelogic-national-rent-growth-remains-slow-and-steady-in-august/ Moody’s Analytics: “New Residential Construction in 5 Graphs” - https://www.moodyscre.com/insights/cre-trends/new-residential-construction-in-5-graphs/ MSCI: “More to Revival of Listed US Real Estate Than Rate Cuts” - https://www.msci.com/www/quick-take/more-to-revival-of-listed-us/05046284915 For the latest multifamily news from across the internet, visit the Gray Report website: ⁠https://www.grayreport.com/⁠ Sign up for our free multifamily newsletter here: ⁠https://www.graycapitalllc.com/newsletter⁠ DISCLAIMERS: This podcast does not constitute professional financial advice and is for educational/entertainment purposes only. This podcast is not an offer to invest. Any offering would be made through a private placement memorandum and would be limited to accredited investors.