Category Archives: HUD/FHA Financing

On September 7, 2022, HUD announced that it would allow distributions from Surplus Cash as frequently as monthly for eligible Borrowers.  This policy will be limited to FHA-insured properties that are NOT subject to a Section 8 project-based rental assistance … Continue reading →

On February 14, 2022, HUD announced that it was terminating the COVID-19 Underwriting Requirements that it instituted in April 2020.  These additional underwriting requirements included (i) nine months of debt service reserves, (ii) 250% repair escrows, and (iii) limits on … Continue reading →