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HUD 223(f) FAQs

Content tagged with: HUD 223(ff) Replacement Reserves

Sep 11, 2018

Escrows and Replacement Reserves for HUD 223(f) Loans

Like most other kinds of HUD multifamily loans, HUD 223(f) loans require monthly escrows. Taxes and insurance are escrowed monthly, as are required replacement reserves, which are established by a Project Capital Needs Assessment (PCNA). Replacement reserve amounts must follow HUD rules, which m

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