14.167: Mortgage Insurance Two Year Operating Loss Loans, Section 223(d)
Alternate Name: Two Year Operating Loss Loans
Overview
Program Number
14.167
Status
Inactive
Last Modified
Aug. 11, 2014
Date Posted
Aug. 9, 2014
Objective
To insure a separate loan covering operating losses incurred during the first 2 years following the date of completion or any other 2-year period occurring within 10 years following the date of completion of a multifamily project with a HUD-insured first mortgage.
Type of Assistance
F - Guaranteed/Insured Loans
Applicant Eligibility
Owners of a multifamily project or facility subject to a mortgage insured by HUD are eligible to apply.
Beneficiary Eligibility
Individuals/families and property owner.
Grant Awards
Mortgage Insurance Two Year Operating Loss Loans, Section 223(d) direct grants
Grant Opportunities