The council provides recommendations, feedback and ideas on where MBA should focus its resources to be impactful in advancing affordable homeownership.
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Lument Named a Top Affordable Housing Lender for 2020, Completes More than $3 Billion in Transactions
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NEW YORK, April 22, 2021 /PRNewswire/ Lument ranked #6 on
Affordable Housing Finance s Top 25 Affordable Housing Lenders of 2020 list with over $3 billion in closed transactions, doubling last year s volume. The financing activity created or preserved affordable housing at over 140 communities containing nearly 20,000 units. We re honored to play a part in addressing our nation s affordable housing crisis, said James Flynn, CEO at Lument. Financing affordable housing is one of the most complicated areas of multifamily. I commend our dedicated team, as well as our clients, agency partners, and the Federal Housing Administration for coming together to provide creative solutions during a difficult year.