Rockport Mortgage Corporation Consulting Services are offered in conjunction with RMC's financing services. RMC provides owners and acquirers with the strategic consulting services needed to develop, implement and close virtually any type of HUD recapitalization including:

• Section 236 Interest Reduction Payments Decoupling
• Section 202 Recapitalization
• Flexible Subsidy Recapitalization
• ELIHPA and LIHPRHA Recapitalization
• Mark Up to Market - Standard, Discretionary, and Non-profit Transfer
• Capital Repair Program for Non-profits - i.e. "The Mark Up to Budget Program"
• Prepayment Facilitation/Refinancing
• Section 8 Enhanced Voucher Processing/Implementation
• Section 8 Contract Termination

RMC works with owners and buyers to develop recapitalization strategies and then fully implements these transactions in coordination with all other involved parties. As the consultant and lender, RMC is responsible for the overall transaction implementation and serves as the primary point of contact with all parties from transaction inception to closing.

Each owner or purchaser has its own unique business objectives, just as each HUD-assisted property has its own unique mix of subsidies, restrictions, and physical improvement needs. HUD offers a variety of programs that can work individually or collectively to achieve the physical and financial goals of a property and its owner. However, understanding key ownership objectives, and HUD's insurance, subsidy and preservation programs are key factors in developing the best value-producing recapitalization transactions. Property owners and buyers can take advantage of RMC's consulting services to achieve business objectives such as:

• Completing capital improvements
• Stabilizing Project or Property operations
• Increasing distributable cash flow
• Addressing Partnership tax concerns
• Realizing equity value through refinancing
• Preserving a property as affordable

RMC has the knowledge and proven expertise to create the optimal value for owners in the context of both conventional and affordability-oriented preservation transactions. To do so, RMC:

1. Develops the most advantageous plan to support an owner's specific business objectives.
2. Coordinates implementation with all involved parties including HUD, state agencies, local governments, residents, appraisers and capital needs assessors.
3. To begin the process of determining the best value-producing transaction that can be implemented, RMC uses the information completed by the owner in the Property Specification Form as a starting point.
4. RMC works closely with the owner to fully develop the recapitalization transaction that will achieve the owner's short and long-term business objectives.