223(f) or 221(d)(4) for a renovation? Where the line is
HUD's 2026 substantial rehabilitation line is $20,406 a unit times the high-cost percentage. Below it, 223(f) repairs; above it, 221(d)(4). A worked example.
Notes
Which FHA multifamily program fits your deal, and how big the loan can be.
Have a question?
Send it to the desk at Janover Capital LLC. A person there will reply.