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OptimumBank Holdings, Inc. Announces Formation of OptimumFunding to Launch HUD and FHA Lending Platform

OPHC
  • OptimumBank Holdings, Inc. announced the formation of OptimumFunding, LLC, a wholly owned subsidiary dedicated to a new HUD & FHA lending initiative.
  • OptimumFunding was established to expand commercial real estate capabilities by offering bridge-to-HUD financing & FHA & HUD-insured loan origination.
  • The subsidiary leverages the Company's existing expertise in skilled nursing facility & multifamily sectors to provide seamless transitions from short-term bridge financing to long-term government-insured solutions.
  • Key offerings include transitional bridge financing for acquisitions & refinancings, government-insured loans for stabilized & transitional assets, & specialized lending for healthcare & multifamily properties.
  • OptimumFunding operates with a relationship-driven model focused on responsiveness & transparency, distinct from larger transactional platforms.
  • The Board of Directors approved a dividend to OptimumBank Holdings, Inc., which authorized a capital investment into OptimumFunding to support initial operations & platform development.
  • OptimumFunding functions independently while adhering to the parent company's governance, compliance, & risk management frameworks.
  • Chairman Moishe Gubin stated the initiative aims to enhance profitability, diversify revenue streams, & strengthen the Company's national presence in healthcare & multifamily finance.
  • OptimumBank Holdings, Inc. is the parent of OptimumFunding (founded in 2025) & OptimumBank (founded in 2000), both based in Fort Lauderdale, Florida.
  • The Company anticipates providing future updates regarding program approvals, staffing, & pipeline activity as the platform develops.