HUD’s Office of Recapitalization held an introductory webinar on December 2, 2014 titled Welcome to Preservation: Strategies to Preserve and Refinance Affordable Housing Properties. Materials for this webinar, including the slides, webinar recording, and webinar transcript, are now available on the HUD Exchange course page. HUD encourages those who were unable to attend the live webinar to review these materials.
The Welcome to Preservation webinar provides basic information on how to get started on refinancing, recapitalizing, and renovating older HUD-assisted multifamily rental properties, namely those receiving the following HUD support and subsidies: Section 202 Direct Loans, Section 236 Insured Loans, Rent Supplement Contracts, Rental Assistance Payment Contracts (RAP), Flexible Subsidy Loans, and Section 8. The webinar also includes a case study that describes the preservation strategy adopted by a nonprofit board that chose to refinance and renovate its building.