HUD – Office of Multifamily Production Issues Immediate Subdivisions for Rent Notice of Rescission
On May 1, 2025, HUD’s Office of Multifamily Housing sent out the following bulletin: Multifamily Stakeholders, Effective immediately, the Office of Multifamily Production has issued a Notice of Immediate Rescission of Administrative Memorandum Subdivisions for Rent rescinding the Administrative Memorandum published May 14, 2021, Clarification of Multifamily Insured Mortgage Project Eligibility – Restrictions on ‘Subdivisions for Rent’. …