Glossary: Learn housing industry basics ranging from QAP to bridge loans in minutes!
Glossary
A
- acquisition costs
US
land costs - adaptive reuse
- affordable housing
US - AFHMP
US
Affirmative Fair Housing Marketing - ALTA
US
American Land Title Association - ALTA survey
US - ASHRAE
US
American Society of Heating, Refrigerating and Air-Conditioning Engineers
B
- bridge loan
bridge financing - building envelope
building enclosure
C
- cap rate
US - CBDG program
US
Community Development Block Grant - CEQRA
NY
City Environmental Quality Review Act - certificate of occupancy (CO)
US
CO, C of O - City Planning Commission (NYC)
NY - Community Planning and Development (CPD)
US - conduit financing
US
D
E
- EIS
US
Environmental Impact Statement - Energy Star
US - ESA
US
environmental site assessment
F
- fair market rent
US - FHA
US
Federal Housing Administration - FHA loan
US - first lien
US floor area
G
- gap financing
bridge financing - Ginnie Mae
US
H
- hard costs
US - historic preservation
- HOME program
US
HOME Investment Partnership - HOPWA program
US
Housing Opportunities for Persons With AIDS - Housing Trust Fund (HTF)
US - HUD 221(d) loan
US - HUD 223(f) loan
US
I
- IDIS
US
Integrated Disbursement and Information System - indoor air quality (IAQ)
US - infill development
US
L
- LEED certification
US - LIHTC program
US
Low-income Housing Tax Credit program - loan-to-cost
US - loan-to-value
US
M
- MIH
US
Mandatory Inclusionary Housing - mixed-use development
US
mixed-use project - moderate rehabilitation
US - multifamily housing
US
multifamily development, multifamily project
N
- NCSHA
US
National Council of State Housing Agencies - NeighborWorks
US
Neighborhood Reinvestment Corporation - NMTC
US
New Markets Tax Credit Program
P
Q
- Qualified Allocation Plan (QAP)
US - Qualified Census Tracts (QCTs)
US
LIHTC Qualified Census Tracts
R
regulatory agreement
- R-value
R-value of building envelope
S
- SLIHC
NY
New York State Low Income Housing Tax Credit Program - soft costs
US - student housing
- substantial rehabilitation
US
T
- tax-exempt bonds
US
tax-exempt mortgage revenue bonds - TEFRA hearing
US
Tax Equity and Fiscal Responsibility Act (TEFRA) hearing