Appendix 2 Quality Control Plans and Identity of Interest
A.3.2.1 Section 223(f) Program
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.3.2.1 Section 223(f) Program |
||||
|---|---|---|---|---|
| Developer Fees –Section 223(f) | ||||
| Development Type |
Basis for Fee **Calculation ** |
Amount | Mortgageable/ Non Mortgageable |
|
| Market | N/A | N/A | Not Mortgageable | |
| LIHTC | Allocation Agency AllowedFee |
Agency Fee Limit |
Mortgageable |
MAP Guide, March 2021 Go to beginning of Appendix 3
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Appendix 3 Program Specifications and Limitations A.3.2 Developer Fees by Program
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| Developer Fees –Section 223(f) | ||||
|---|---|---|---|---|
| Development Type |
Basis for Fee **Calculation ** |
Amount | Mortgageable/ Non Mortgageable |
|
| RAD - Non LIHTC | Total Budget | (Note 1) | 10% | Mortgageable |
| RAD - LIHTC | Allocation Agency AllowedFee |
Agency Fee Limit |
Mortgageable | |
| 202 Refinance - Non LIHTC |
Total Acceptable Development Cost |
(Note 2) | 15% | Mortgageable |
| 202 Refinance - LIHTC |
Allocation Agency AllowedFee |
Agency Fee Limit |
Mortgageable | |
| 202 Re-Refinance - Non LIHTC |
N/A | N/A | Not Mortgageable | |
| 202 Re-Refinance - LIHTC |
Allocation Agency AllowedFee |
Agency Fee Limit |
Mortgageable |
NOTE 1 - Fee is based on total budget amount (not including acquisition, reserves or Developer fee).
NOTE 2- Acceptable Development cost includes cost of acquisition, rehabilitation, loan prepayment, reserves and transaction costs.
General Notes - For Section 236 or other assisted, non LIHTC Projects, follow general guidelines for Developer fee for both 223(f) and 221(d)(4) loan programs. The 223(a)(7) program prohibits a Developer fee in all cases.
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