3.2 New Construction/Substantial Rehabilitation Program Requirements

HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021) · 2026 edition · updated 2026-10-05 · United States

A. Sections 220, 221(d)(4), 231, and 241(a) of the National Housing Act provide FHA multifamily mortgage insurance for the new construction or substantial rehabilitation of multifamily rental apartment properties. Section 213 is available for new construction and Section 213(i) is used for substantial rehabilitation of Cooperatives; these transactions are processed under TAP.

B. The requirements in the subsections below apply to all FHA New Construction/Substantial Rehabilitation multifamily mortgage insurance programs.

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▸Contents — HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021)

HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021)

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