3.12K views
0

HUD will allow secured private debt on a Section 221(d)(4) project in accordance with Section 8.7.A.3.b of the MAP guide in an amount, when added to other project debt does not exceed100% of project costs, as long as the financing is coupled with LIHTC and payments are funded through surplus cash.

Greg Hunter Changed status to publish July 12, 2022
Copyright © 2021 HUD221d4.com. HUD221d4.com is a PHA Capital company. This website is owned by a private company that offers business advice, information and other services related to multifamily, commercial real estate and other financing. We do not provide legal, accounting, or brokerage advice. We have no affiliation with any government agency and are not a lender. By using this website, you agree to our use of cookies, our Terms of Use and our Privacy Policy. We use cookies to provide you with a great experience and to help our website run effectively. You also understand that we are not affiliated with the Department of Housing and Urban Development (HUD) or the Federal Housing Administration (FHA). If you need to visit the FHA directly please visit www.hud.gov.