Multifamily Construction Financing

LIHTC: Low-Income Housing Tax Credits in Relation to HUD 221(d)(4) Loans

LIHTC: Low-Income Housing Tax Credits in Relation to HUD 221(d)(4) Loans

The Low-Income Housing Tax Credit (LIHTC) program, sometimes referred to as section 42, is a government initiative that encourages private investors to finance housing for low-income families and individuals. To do this, the LIHTC program provides an indirect federal subsidy in the form of a tax credit that a developer or investor can claim on their income tax return. 

Are the interest rates fixed with FHA 221(d)(4) loans?

Are the interest rates fixed with FHA 221(d)(4) loans?

One of the major benefits of a HUD/FHA 221(d)(4) loans is the fact that they have incredibly competitive interest rates. But are these interest rates fixed or variable? Let's take a look. 

What type of properties are eligible for construction or rehabilitation through HUD 221(d)(4)?

What type of properties are eligible for construction or rehabilitation through HUD 221(d)(4)?

If you're interested in getting a low-cost, non-recourse, fixed-rate loan for a multifamily real estate  development, a HUD 221(d)(4) loan could be a great option. But what kind of properties can you build or renovate with this kind of loan?