Ginnie Mae Acts to Assist Affordable Rural Multifamily Development
October 21, 2026
October 21, 2026
WASHINGTON, Oct. 21 -- Ginnie Mae issued the following news release:
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Ginnie Mae Acts to Assist Affordable Rural Multifamily Development
Washington, D.C. - October 20, 2026 - Ginnie Mae today announced that USDA Section 538 multifamily loans of up to 80 percent of total development costs (loan-to-cost, or LTC) will be eligible for pooling in the Ginnie Mae Mortgage-Backed Securities (MBS) program, effective with USDA Section 538 multifamily loans submi . . .
* * *
Ginnie Mae Acts to Assist Affordable Rural Multifamily Development
Washington, D.C. - October 20, 2026 - Ginnie Mae today announced that USDA Section 538 multifamily loans of up to 80 percent of total development costs (loan-to-cost, or LTC) will be eligible for pooling in the Ginnie Mae Mortgage-Backed Securities (MBS) program, effective with USDA Section 538 multifamily loans submi . . .