HUD Multifamily Loans Blog
We answer common questions about HUD multifamily loans, helping developers and investors better understand HUD’s financing programs.
How the Office of Fair Housing and Equal Opportunity Affects Your Multifamily Investment
Protect your multifamily investment by learning how HUD's fair housing office (FHEO) can affect how you run your property.
Insurance Matters for Your Affordable Housing Investment
Great insurance can make your investment safer while keeping your costs low. Find out how to handle your next multifamily insurance policy for your affordable housing property.
Multifamily Insurance Requirements for HUD 241(a) Loans
Your insurance requirements won't always change with a HUD 241(a) loan, but there are a few factors you must take into consideration.
Multifamily Insurance Requirements for HUD 232 Loans
If you have a healthcare property with a HUD 232 loan, you need to be sure you've got the right multifamily insurance policy in place.
Multifamily Insurance Requirements for HUD 232/223(f) Loans
If you've got a healthcare property that is taking advantage of a HUD 232/223(f) loan's fantastic terms, you'll need to have the right multifamily insurance in place.
Multifamily Property Insurance Requirements for HUD 223(a)(7) Loans
When refinancing HUD debt with a 223(a)(7) loan, your multifamily property insurance requirements can sometimes change. Understand what you need to know.
Multifamily Property Insurance Requirements for HUD 221(d)(4) Loans
The multifamily insurance you need depends on the stage you're in. Find out what you'll need during and after construction with our guide.
Multifamily Property Insurance Requirements for HUD 223(f) Loans
HUD 223(f) loans offer great benefits for borrowers, but it's essential to understand the insurance requirements these loans have.
A Guide to HUD Multifamily Insurance Requirements in 2025
HUD loans come with multifamily property insurance requirements that you'll need to understand when taking advantage of this highly competitive financing.
The CHDC Guide to HUD Multifamily Loans: Unlocking Potential
Learn how Community Housing Development Corporations can use HUD multifamily loans for impactful affordable housing projects.
What Is Fair Market Rent? 2025 FMR Calculator by ZIP
Fair market rents, or FMRs, are statistics developed by HUD to determine payments for housing assistance programs like the Section 8 housing choice voucher program. Calculate Fair Market Rent in your area using our calculator.
HUD's New Surplus Cash Distribution Changes
HUD's latest update changes five decades of policy in an effort to drive its loan programs’ competitiveness.
What Are Replacement Reserves?
Aside from being a common budget line item in commercial underwriting, replacement reserves play an essential role in the prolonged health and continued operation of a commercial property, preventing potential disruptions in revenue.
Is HUD Financing Available for Assisted Living Facilities?
HUD 232 and 232/223(f) loans offer some of the highest-leverage, non-recourse financing options available for assisted living facilities.
Is a Bridge-to-HUD Loan Right for You?
Bridge-to-HUD financing offers a way to take advantage of some of the highest-leverage, longest-term loans in the multifamily sector, even when timing is an issue.
What Is Total Development Cost?
It’s critical to understand how the total development cost plays a part in determining a project’s eligibility for HUD subsidies.
Zoning and Affordable Housing
Zoning has significant implications for affordable housing. Find out what to pay attention to, and how zoning laws may change over time.
Does Dave Chappelle Have a Problem With Affordable Housing?
Maybe, but that doesn’t seem to be what motivated the comedian’s tirade against a housing development earlier this year.
Top 5 Amenities for Affordable Housing Properties
Read our list of five key, impactful amenities most affordable housing providers can offer at little to no cost.
Who Finances Workforce Housing?
While this critical property sector is eligible for some HUD financing, many other solid loan options exist.
What Is Area Median Income (AMI)?
Area median income is an important benchmark when determining housing eligibility for affordable housing properties.
Affordable Housing's Surprising Impacts on Property Values
One of the most commonly cited reason for homeowners to rally against affordable housing development is the belief that it will cause their property values to plummet. That may not be true, however.
What Is Tax Increment Financing?
Tax increment financing, or TIFs, are a government-sponsored vehicle for boosting redevelopment or regeneration, typically within a struggling urban area.
The Difference Between Brownfield and Greenfield Developments
A brownfield development is any project built on land that has previously been developed, while a greenfield development is a project that will occupy a space that has not been previously developed.
Sexual Orientation, Gender Identity Discrimination in Housing
From early 2021, HUD began interpreting the Fair Housing Act to ban discrimination based on these protected classes. What does that mean for your multifamily property?
How Trended Vs. Untrended Rents Project a Multifamily Property's Rental Income
When looking at the revenue a multifamily property will provide over the long term, there are two different ways to project your property’s rental income: trended rent and untrended rent.
Rising Construction Costs' Affordable Housing Impacts
Labor shortages, supply chain issues, and rising material costs are all impacting the development of new affordable housing nationwide.
Top 5 Reasons to Invest in Affordable Housing
Affordable housing investments can be lucrative for a variety of reasons. Check out the top five benefits of putting money into the sector here.
Preparing for Your Next HUD Audit
If you own an affordable property with a HUD-backed loan, you need to be prepared for this intensive annual review.
Top 10 REAC Inspection Deficiencies
HUD’s published list of most common issues for inspections offers insights in how best to prepare your affordable housing asset for its next check-up.
HUD Form 2530 and APPS
HUD Form 2530 details a borrower/principal’s past participation in any HUD multifamily projects, as well as any participation involving other housing agencies.
RAD for PRAC Conversion
Learn about the HUD program to transition properties operating under Section 202 PRACs into RAD, or rental assistance demonstration, assets to provide greater long-term stability to communities and residents.
HUD Project Rental Assistance Contracts (PRAC)
A project rental assistance contract, or PRAC, is an agreement that enables the owner of HUD Section 202 properties to receive project rental assistance funds.
HUD Form 92264: Multifamily Summary Appraisal Report
HUD Form 92264, also known as the Multifamily Summary Appraisal Report, is one of the essential forms that an appraiser will need to complete and submit to HUD before a property can be approved for HUD multifamily financing.
What Is the HUD Exchange?
The HUD Exchange is a comprehensive online platform that provides tools, resources, and contact information for the organizations and individuals that partner with HUD.
Top 10 HUD Lenders of 2021
We take a closer look at the institutions with the highest origination volumes under HUD’s MAP program for the department’s 2021 fiscal year.
RUBS: Ratio Utility Billing System
RUBS, or a ratio utility billing system, is an alternative billing method to sub-metering in an income producing property. Using RUBS, the total cost of a multifamily or commercial property’s utilities are divided proportionally between each individual tenant.
A Landlord's Guide to Section 8 Inspections
A guide on section 8 inspections including what to expect and how to prepare.
How to Get the Lowest Rates and Longest Terms for Multifamily Financing
FHA-insured financing offers some of the industry's longest terms, even up to a maximum of 43 years for HUD 221(d)(4) loans.
What Is the Housing Choice Voucher Program?
HUD's Section 8 program is the government's largest housing assistance program, helping low-income families find quality housing through a public housing authority backed by HUD.
What Is the HUD Multifamily Database?
HUD provides open access to multiple databases relevant to multifamily housing programs, each of which may provide value for multifamily investors in different situations.
The Opportunity Zones Program and HUD Multifamily Loans
Opportunity Zones offer a groundbreaking federal tax incentive to encourage development in some of the nation's most distressed areas, where HUD multifamily loans can be ideal for investors.
What Is the Rental Assistance Demonstration (RAD) Program?
The Rental Assistance Demonstration, or RAD, program is a federal housing program administered by HUD which allows properties with HUD legacy programs to convert to Section 8 housing.
HUD Section 8 Renewal Guide: What Investors Need to Know
Most properties under HUD's Section 8 program are governed under a housing assistance payment contract which typically lasts between five and 20 years. Find out how renewals under this program work.
What Is the HUD MAP Guide?
Multifamily Accelerated Processing, or MAP, is HUD's streamlined loan application processing system for speeding up the approval times for HUD and FHA multifamily loans.
What Is a Capital Needs Assessment?
A capital needs assessment, or CNA, is a property inspection report required for all HUD loans that estimates the future cost of property maintenance and critical repairs for a property.
A Close-Up on the Low-Income Housing Tax Credit Program
The LIHTC program helps facilitate the construction and rehabilitation of affordable housing units throughout the U.S.
What’s the Difference Between HUD 223(f) and HUD 221(d)(4) Loans? (Updated Daily)
Find the key differences between HUD's most popular multifamily loans, including interest rates updated each day.
The Top 10 HUD Multifamily Lenders of 2018-2019
HUD's multifamily loan programs are some of the most advantageous on the market. Find out more about the top HUD multifamily lenders of 2018 and 2019.