reminder: payment of property taxes As we start a new calendar year, please ensure that your company is complying with CHFA’s requirements for payment of property taxes. These requirements are as follows:
If you have questions or need assistance in this matter, please contact us.
- For any loan closed after January 1, 2016, all required 2015 property taxes must be paid at the time of closing;
- For any loan closed in 2015 and purchased after January 15, 2016, Participating Lenders are responsible, at minimum, for the payment of the first half of required 2016 property taxes. CHFA will require proof of such payment prior to purchase.