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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.
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