HAB w/ Section 8

Must be sprinklered.

Limited NY appetite for affordable-housing apartments; no service-providing risks and usually no abuse coverage.

Affordable, mixed-income, HUD-financed, senior, Section 8, and tax-credit housing in 48 states and DC; no five boroughs.

Difficult habitational risks; excludes the five boroughs and Long Island.

No frame construction.

Access to Seneca and GNY.

Writes primary in NY and FL; licensed in most Northeast and Southeast states; no Midwest or West Coast.

Subsidized housing capped at 10%; selected NYC boroughs only; no frame; 1-8 buildings, 3-100 units per location, and $20MM TIV maximum; four-year loss runs required.