Projects offering leases with terms of less than 30 days are not eligible for HUD-insured financing under
any circumstances. Treatment of income from short-term leases of at least 30 days, e.g., furnished units,
corporate or business short-term leases, may be considered to the extent that it is present in the local
market. The actual number of furnished or corporate/business units generally may not exceed 10% of
the units.
Greg Hunter Changed status to publish February 9, 2021