Loans to Sponsors Memorandum LTS 20-02

Date: June 3, 2020

MULTI-FAMILY LOANS TO SPONSORS PROGRAM
CONTACT ERIC HAVELOCK (907-330-8245)

LTSP Sponsor Funding Availability

GUIDELINES FOR THE LOAN TO THE SPONSOR
(Section 1005)

Effective with applications submitted on or after June 1, 2020, Sponsor loan amounts will carry an interest rate of 3.0% per annum.

AHFC’s fiscal year runs from July 1st through June 30th. Sponsors are reminded that should their Program guidelines change as a result of these interest rate adjustments, prior approval from AHFC is required. All other terms and conditions of the Loans to Sponsors Program guidelines shall remain the same.