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*RATES* Current Direct Lending Program Rates
Below is a summary of the current rates for MSHDA Direct Lending programs.
First Mortgage & Construction Loans / Rates:
Tax-Exempt Bond Program / 6.625%
Taxable Bond Program / 7.125%
Gap Funding Loans / Rates:
HOME / 1%
Housing Trust Fund (HTF) / 1%
TCAP / 1%
Mortgage Resource Fund (MRF) / 3%
Updated April 6, 2022