14.155: Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects
Alternate Name: Multifamily Rental Property Purchase or Refi - Section 223f
Overview
Program Number
14.155
Status
Active
Last Modified
Aug. 11, 2022
Date Posted
Aug. 11, 2022
Objective
To provide mortgage insurance to HUD-approved lenders for the purchase or refinancing of existing multifamily housing projects, whether conventionally financed or subject to federally insured mortgages at the time of application for mortgage insurance. The program allows for the long term mortgages that can be financed with Ginnie Mae Mortgage-Backed Securities.
Type of Assistance
F - Guaranteed/Insured Loans
Applicant Eligibility
Both for profit and non-profit borrowers are eligible to apply.
Beneficiary Eligibility
All persons are eligible to occupy such projects subject to normal occupancy restrictions.
Related Programs
Additional Information
Grant Awards
Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects direct grants
Grant Opportunities