US Grants Database
US Grants Database

Mortgage Insurance Rental Housing in Urban Renewal Areas

Department Of Housing And Urban Development, Asst Secretary For Housing--federal Housing Commissioner

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To provide quality rental housing in urban renewal areas, code enforcement areas, and other areas designated for overall revitalization.

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Helps developers build or renovate rental housing in urban renewal areas. Provides mortgage insurance for projects with two or more units.

Quick Facts

Funding
Contact for details
Deadline
Rolling
Status
Rolling Intake
Category
Housing & Community Development
Organization
Department Of Housing And Urban Development, Asst Secretary For Housing--federal Housing Commissioner

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What Is This Program?

FHA insures mortgages on new or rehabilitated housing structures located in designated urban renewal areas and areas with concentrated programs of code enforcement and neighborhood development. Insured mortgages may be used to finance construction or rehabilitation of rental housing. Properties must consist of two or more units and be in one of the following: an urban renewal area, urban development project, code enforcement program area, urban area receiving rehabilitation assistance because of natural disaster, or an area where concentrated housing, physical development, or public service activities are being carried out in a coordinated manner.

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🏆 Detailed Application Guide

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💰What Expenses Are Eligible?

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How Do I Apply?

carmelita_a._james@hud.gov
2024022579

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FAQFrequently Asked Questions

Visit the program page for detailed eligibility requirements.

Contact the program administrator for funding details.

This program accepts applications on a rolling basis.

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