Commercial Space and Income Limitations
HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021) · 2026 edition · updated 2026-10-05 · United States
| Maximum Allowable | |||
|---|---|---|---|
| Percentage of Total Net | Percentage of Effective Gross | ||
| SOA | Rentable Area | Income | |
| 221(d)(4) and | 231 | 25% | 15% |
| 220 | 25% | 30% | |
| 223(f) | 25% | 20% |
E. For all programs except Section 223(f), the maximum underwritten commercial occupancy rate shall be the lesser of: a) that indicated by the market, or b) 80 percent. For Section 223(f), the maximum underwritten commercial occupancy rate shall be the lesser of: a) that indicated by the market, b) the actual occupancy rate of the subject, or c) 90 percent. For special instructions related to the maximum underwritten occupancy rate for non-tenant parking income, see Section 7.7.12.9.C above.
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