Asst Secretary For Housing--Federal Housing Commissioner, Housing And Urban Development, Department Of
Mortgage Insurance Rental and Cooperative Housing for Moderate Income Families and Elderly, Market Interest Rate
Key facts
- Open right now
- No open notice at the moment
- Type of help
- Guaranteed/insured Loans
- Typical award
- Not Applicable
- Deadlines
- Contact the headquarters or regional location, as appropriate for application deadlines See MAP Guide
This program offers loans or loan guarantees, which must be repaid.
What it pays for
Section 221(d)(4) insures mortgage loans to facilitate the new construction or substantial rehabilitation of multifamily rental or cooperative housing for moderate-income families, elderly, and the handicapped. Single Room Occupancy (SRO) projects may also be insured under this section. (See program 14.184).
Who can apply
Public, profit-motivated sponsors, limited distribution, nonprofit cooperative, builder-seller, investor-sponsor, and general mortgagors.
How applications are judged
Not Applicable.
Matching requirements
Statutory Formula: Title 221 of the National Housing Act, Part 220, Subpart C and D,Public Law 12 U.S.C. 1715I.HUDCLIPS.org for additional information.Matching requirements are not applicable to this assistance listing.
MOE requirements are not applicable to this assistance listing.
Examples of funded projects
Not Applicable.