3.4 Section 220 Mortgage Insurance for Redevelopment Areas
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. Section 220 insures mortgages for the new construction or substantial rehabilitation of mixed-use housing projects in urban renewal areas, code enforcement areas and other areas where local governments have undertaken designated revitalization activities.
B. In addition to the general requirements in Section 3.1 and Section 3.2, the following requirements apply to Section 220.
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