HUD Section 8

Section 8 Housing in Relation to HUD 223(f) Loans

Section 8 Housing in Relation to HUD 223(f) Loans

HUD's Section 8 program provides rental assistance payments to landlords across the U.S. in order to help low-income families find clean and safe affordable housing. As of the most recent statistics, nearly 5 million households across the country use the Section 8 program-- making it an essential tool in HUD's mission to increase the supply of low-cost housing througout the United States.   

AMI: Area Median Income in Relation to HUD 223(f) Loans

AMI: Area Median Income in Relation to HUD 223(f) Loans

Area Median Income, or AMI, is a statistic calculated by HUD that estimates the median annual income of households in a certain area. If you're a multifamily investor interested in using a HUD 223(f) loan to acquire or refinance an affordable property-- or you want to take advantage of LIHTC credits or the HUD Section 8 program, it's essential to know the AMI for the area in which your property is located.