WEBINAR SERIES | PRESENTED BY BRAVO CAPITAL

Why HUD belongs in every multifamily market-rate financing conversation

Only 4% of HUD's multifamily closings last year were plain market-rate deals. HUD's premium cut in October 2025 was designed to change that.

Aaron Krawitz and Matthew Fisher of Bravo Capital join The Promote's Hiten Samtani for a breakdown of what that means for sponsors, brokers, and allocators.

What we'll cover

• How HUD got pigeonholed as affordable-housing money, and what the premium cut did to market-rate economics

• A live pricing comparison: HUD 223(f) against agency and bank debt on one real, anonymized Bravo deal

• Opportunity Zone deals and HUD financing

• Customizing a HUD execution through early rate locks and custom prepay structures

• Bridge-to-HUD: refinancing out of a floating-rate maturity, and what it takes to be HUD-ready

• Ground-up with 221(d)(4): no income limits, long-dated fixed rate, assumable debt, and a straight account of the timeline

• Where HUD loses to the agencies, and which deals Bravo sends elsewhere

Bring your deal. The last stretch is live Q&A.