HUD 221(d)(4) Substantial Rehabilitation

Does FHA multifamily construction financing place limits on rehabilitation work?

Does FHA multifamily construction financing place limits on rehabilitation work?

If you're considering applying for a FHA/HUD 221(d)(4) loan to rehabilitate a multifamily property, it's important to realize that there minimum FHA/HUD multifamily project size limits that must be met. Otherwise, the project won't be considered large enough to be eligible for the loan.