PAE hosts 2 nd Tenant Consultation Meeting at the project. Once approved by HUD, Closing process starts. Closing process is approximately 60 days. Restructured projects have repairs completed, rehab planned and funded, and financing restructured to meet the needs of projects and owners. Owner cash flow built in to restructuring.
Tenants can remain in their building.
Elderly, handicapped and other low-income individuals and families are not forced to relocate. Affordable housing stock is preserved at a cost significantly lower than the cost of creating new low-income housing units. If you don't have Adobe Acrobat Reader, you may download a free Acrobat Reader from Adobe.