HUD 221(d)(4) market rate

Market Rate vs. Affordable Properties in Relation to HUD 221(d)(4) Loans

Market Rate vs. Affordable Properties in Relation to HUD 221(d)(4) Loans

One of the biggest questions that developers need to ponder before starting a HUD 221(d)(4) financed project is whether to include any affordable housing. Since a developer's goal is (naturally) to maximize profit, the obvious answer would be no. However, there are a variety of advantages to including at least some affordable units in a HUD multifamily construction loan project.