What are Rental Assistance Properties?

Rental Assistance Properties Definition

Rental assistance properties are defined as properties in which low-income or very low-income tenants qualify for monthly rental assistance. The most common rental assistance program is the HUD Section 8 program. Many properties funded with HUD 221(d)(4) and HUD 223(f) loans participate in Section 8, and Section 8 properties financed with these loans can also be refinanced through the 223(a)(7) program.

To learn more about the HUD 223a7 refinance program, fill out the form below to speak to a HUD/FHA loan expert.