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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

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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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