For Immediate Release
May 18, 2022
Contact: NALHFA
202-367-2319
AGM Financial Services Joins NALHFA
WASHINGTON, DC – The National Association of Local Housing Finance Agencies (NALHFA) announced today that AGM Financial Services, Inc. is its newest member.
NALHFA is the leading local affordable housing advocate, influencing the shape and content of congressional legislation and agency regulations affecting the affordable housing finance industry.
AGM Financial Services, Inc. (AGM) is a privately held Lender focused on financing multifamily and age-restricted communities using FHA-insured loans. AGM was founded in 1990 under the leadership of Margaret Allen (CEO) and specializes in financing complex mixed-income projects. AGM has deep experience with both 4% and 9% LIHTC projects, including new construction, substantial rehabilitation, and conversions under the RAD program. Many of our projects feature issues such as Section 8 contracts, tax-exempt bonds, multiple layers of sub-debt, tax abatements, ground leases, and more.
AGM’s philosophy is that the process should be transparent from the beginning. We provide our clients with a full understanding of how the process works before deciding to proceed. Our experienced team guides them through it and helps them obtain the best loan possible. We work with a wide variety of stake holders to get the deal done – Housing Authorities, developers, tax credit investors, consultants, and attorneys, as well as HUD and other government staff.
“We are excited to meet knowledgeable local housing finance authority officials who are committed to the production of affordable housing, by issuing 4% tax credits and tax-exempt bonds and acting as developer,” said Margaret Allen, CEO. “We are always happy to show you how the HUD-insured loans work, explain the process, and run your numbers so you know your options. And of course, we’ll respond to RFPs for Lenders so we can join your team.”
For more information about NALHFA and how to join, click here.
