2020 Major Disasters - Notice to Section 42 Project Owners

2020 Major Disasters - Notice to Section 42 Project Owners

Current rates

Program
Name
Conventional
Loan Rate
Government
Loan Rate
Military Home N/A 5.500%*
First Home Targeted 6.000%* 5.500%*
First Home 6.250%* 5.750%*
Homebuyer Assistance (HBA) 6.500%* - 1st loan
1.000%* - 2nd loan
6.000%* - 1st loan
1.000%* - 2nd loan
Welcome Home+ 6.875%* 6.375%*
Welcome Home Assistance (WHA)+ 7.125%* - 1st loan
1.000%* - 2nd loan
6.625%* - 1st loan
1.000%* - 2nd loan
Build Home++ Varies* Varies*
Refinance Home 7.625%* 7.125%*

Rates Page

Last changed 05/12/2026 at 9:00 a.m
*This is not an advertisement for credit as defined in Reg.Z; contact a participating NIFA lender for Annual Percentage Rate (APR) information. Rates are subject to change without prior notice. 

+An origination fee up to 0.50% of the loan amount may be charged by Lender.

++ Interest rate based on program eligibility. See program details.

Residential Developer/Property Manager Home / About Community Development

Sep 01, 2020

2020 Major Disasters - Notice to Section 42 Project Owners

This NIFA Notice applies to Displaced Individuals as described below and to all § 42 buildings (including buildings financed with exempt facility bonds pursuant to § 142 of the Code) currently in the NIFA Low Income Housing Tax Credit (“LIHTC”) Program.

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