Rental Assistance Properties and the HUD 221(d)(4) Loan Program
A rental assistance property is a property where low-income or very low-income tenants can qualify to receive monthly assistance. The most common rental assistance program offered by HUD is the Section 8 program, which offers vouchers to low-income tenants that will typically pay for a portion of their rent, and provides corresponding subsidies to property owners. Properties financed with HUD 221(d)(4) loans, as well as with HUD 223(f) loans, are typically eligible for the Section 8 program, as well as certain other rental assistance programs.
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