HUD 223(f) Rehab

Do HUD 223(f) Loans Place Limits on Rehabilitation Work?

Do HUD 223(f) Loans Place Limits on Rehabilitation Work?

HUD 223(f) loans allow for rehab work up to $15,000 per unit, which is multiplied by a local cost factor, often between 190-270%. In addition, renovations are not permitted to replace more than 50% of any two major building components, such as electrical systems, plumbing, mechanical systems, building structural systems, and the building envelope.