FHA Issues Implementation of the LIHTC Express Lane Initiative for Multifamily Section 221(d)(4) New Construction Loans
On November 2, 2026, HUD’s Office of Multifamily Housing sent out the following information: The Federal Housing Administration’s (FHA) Office of Multifamily Housing Programs issued “Implementation of the Low-Income Housing Tax Credit (LIHTC) Express Lane Initiative for Multifamily Section 221(d)(4) New Construction Loans Mortgagee Letter” that introduces a new, streamlined underwriting review and closing process…