03 Jul Summary Review of Agenda Items for MDHA’s July 9, 2019 Board Meeting
EXECUTIVE (HARBISON & THILTGEN) Approval of FHA Loan for Madison Towers. The Agency has applied for a FHA-insured Section 223(f) loan to be taken against the Net Operating Income of Madison Towers. With the interest now rate-locked at 3.44%, the net loan proceeds of $6,757,300...