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Mortgage Insurance_Two Year Operating Loss Loans, Section 223(d)

Published on AidPage by IDILOGIC on Jun 24, 2005

Purpose of this program:

To insure a separate loan covering operating losses incurred during the first 2 years following the date of completion or any other 2-year period occurring within 10 years following the date of completion of a multifamily project with a HUD-insured first mortgage.