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Since 1999, Questor has been an integral member of the Financial Advisory team to HUD’s Office of Affordable Housing Preservation (“OAHP”, formerly known as “OMHAR”).
Led by AEW Capital Management (now American Express Tax Services), Questor provides technical assistance and underwriting expertise for the Mark-to-Market program, a legislatively mandated program that reduces rents for project-based Section 8 housing to market levels, and restructures FHA-insured debt of such projects, while ensuring their long-term physical, financial, and administrative health.
Questor developed the Excel-based financial underwriting model that OAHP now requires for all restructure transactions under the program. Also, we provide underwriting review of property-specific restructuring plans. From the inception of the Mark-to-Market program, Questor has provided policy development and training services to OAHP.
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