HUD 223(f) Occupancy Requirements

What are the Occupancy Requirements for HUD 223(f) Loans?

What are the Occupancy Requirements for HUD 223(f) Loans?

Many HUD multifamily loans have minimum property occupancy requirements, and HUD 223(f) loans are no different. HUD 223(f) financing typically requires a minimum of 85% occupancy for the last 6 months before closing.