HUD has published in the Federal Register the Annual Indexing of Basic Statutory Mortgage; Limits for Multifamily Housing Programs. These limits have an effective date of January 1, 2016. Changes are published below as well as in the Notice.
Sec. 207, 220 | ||
Bedrooms | Non-Elevator | Elevator |
0 | $ 50,515 | $ 58,921 |
1 | $ 55,958 | $ 65,286 |
2 | $ 66,841 | $ 80,053 |
3 | $ 82,386 | $ 100,263 |
4+ | $ 93,270 | $ 113,369 |
Sec. 213 | ||
Bedrooms | Non-Elevator | Elevator |
0 | $ 54,745 | $ 58,291 |
1 | $ 63,122 | $ 66,042 |
2 | $ 76,127 | $ 80,307 |
3 | $ 97,443 | $ 103,892 |
4+ | $ 108,558 | $ 114,044 |
Sec. 234 | ||
Bedrooms | Non-Elevator | Elevator |
0 | $ 55,862 | $ 58,787 |
1 | $ 64,410 | $ 67,391 |
2 | $ 77,680 | $ 81,947 |
3 | $ 99,433 | $ 106,013 |
4+ | $ 110,772 | $ 116,369 |
Sec. 221(d)(4) | ||
Bedrooms | Non-Elevator | Elevator |
0 | $ 50,273 | $ 54,305 |
1 | $ 57,068 | $ 62,255 |
2 | $ 68,981 | $ 75,702 |
3 | $ 86,582 | $ 97,932 |
4+ | $ 97,836 | $ 107,501 |
Sec. 231 | ||
Bedrooms | Non-Elevator | Elevator |
0 | $ 47,797 | $ 54,305 |
1 | $ 53,433 | $ 62,255 |
2 | $ 63,808 | $ 75,702 |
3 | $ 76,789 | $ 97,932 |
4+ | $ 90,278 | $ 107,501 |