First Housing has the experience necessary to evaluate your financing proposal, and recommend a transaction structure and financing plan to meet your needs. Our real estate professionals have a deep understanding of the public financing sector and the myriad of rules closely associated with this type of financing. 

Mortgage Banking is just the beginning of First Housing’s capabilities. We help lenders & investors make sound decisions by providing underwriting, financial analysis, loan servicing & administration services. We advise housing finance agencies and other governmental lenders to facilitate sound financial decisions. First Housing provides underwriting and financial analysis under state and federal government programs such as:
Multifamily Housing Revenue Bond (MMRB) 
HOME Investment Partnership (HOME) 
Federal Low Income Housing Tax Credit (HC/LIHTC) 
Florida - State Apartment Incentive Loan (SAIL) 
Florida - State Housing Initiatives Partnership (SHIP) 

After years of mortgage loan administration for federal, state and local government agencies, we understand fully how to meet each agency’s needs, as well as each investor’s return objective. First Housing has been performing construction loan servicing under a number of programs for over 30 years. We perform draw request analysis and approval of disbursements, as well as retain and monitor third-party firms to inspect the developments during the construction period.

Let First Housing alleviate the burden by putting our Davis-Bacon specialists to work for you.  We are committed from start to finish because we understand what it takes to meet each Agency’s needs & keep each project on track. Here are some of the services First Housing provides:
Davis-Bacon & Section 3 Compliance Monitoring & Administration
Davis-Bacon Payroll Review & Payroll Administration
Pre-Construction Conference
Monthly On-Site Employee Interviews & Inspections
Standard with DOL and HUD
In-House Trainings & Seminars

Commercial Real Estate

Government

Property Development

Real Estate

First Housing Development Corporation

Douglas McCree

Scott Moreman

Tricia L. Gallagher

Tonia Labadie

Missy Brooks

Ed Busansky

Cindy Hardwick

The Compliance and Loan Administration team at First Housing Development Corporation ensures all real estate financing meets regulatory standards and operates smoothly. They manage tasks such as evaluating construction loan disbursements, overseeing compliance with federal requirements like Davis-Bacon and Section 3, and conducting payroll reviews and on-site inspections. This team also provides specialized training and seminars to ensure adherence to Department of Labor (DOL) and Housing and Urban Development (HUD) regulations, facilitating sound financial decisions and effective loan servicing for public financing projects.

Compliance and Loan Administration

Leadership Team

Compliance and Loan Administration

About

Team members

Other teams at First Housing Development Corporation

Leadership Team