HUD 223(f) Special Purpose Entity

What Borrowers are Eligible to Take Out HUD 223(f) Loans?

What Borrowers are Eligible to Take Out HUD 223(f) Loans?

If you're an investor or developer who wants to use a HUD 223(f) loan to acquire or refinance a multifamily property, you'll need to make sure you that your borrowing entity has the correct legal structure. In general, HUD 223(f) loans require that the borrower is a single asset, special purpose entity (SPE), which can either be a for profit or a non-profit entity.