Small Balance Loan

Do FHA/HUD 221(d)(4) loans allow for commercial development?

Do FHA/HUD 221(d)(4) loans allow for commercial development?

In today's market, many real estate developers want to mix both residential and commercial development into the same project-- for example, a multi-story residential apartment building, with a ground floor zoned for shops and restaurants. FHA/HUD 221(d)(4) loans can allow a developer to do this-- but only in specific situations.