Congratulations to the Everett Housing Authority! They embarked on a bold plan to redevelop their public housing in the Baker Heights neighborhood under HUD’s Section 18 program with the vision of replacing the obsolete buildings and creating 105 new units of service enriched housing for low-income families.
The Centennial Mortgage, Inc. (CMI) team is pleased to celebrate the Service Anniversary for Sheryldene Rogers. Sheryldene was a developer who was also a client of CMI.
The market remains somewhat flat as investors try to make sense of conflicting economic data. Employment continues to strengthen but the release of ISM Manufacturing numbers were disappointing and showing signs of inflation in the 4.5% range.
The US 10 year treasury rate opened at the same level it ended on Friday.
Alice Place Waukee is a 59 unit project out of Waukee, IA. The 223(f) amounted to $2,666,000.
The Centennial Mortgage, Inc. (CMI) team is pleased to celebrate the Service Anniversary for Heather Orlowski.
There was little change this morning in the 10 year treasury rate over the end of last week.
Green grass and blue skies are hallmarks of Spring.
Centennial Mortgage Inc. is pleased to announce the promotion of Ms. Pamela Dotson to Loan Servicing Manager.
Fed Chairman Powell on the television show “60 Minutes” stated that the Fed will keep interest rates suppressed until the economy gains full employment, which will take some time.
The market is looking for clues from the Federal reserve meeting minutes that will be issued today for signs of when potential tapering of bond purchases will occur.
Nikkei Senior Gardens is a 78 unit assisted living project out of Arleta, California. The 232-223(a)(7) amounted to $13,992,900. The loan was closed on Wednesday, March 31 by James Lewin.
