FHA Section 221(d)(4) insures mortgage loans for new construction or substantial rehabilitation of multifamily rental housing with 5 or more units. These are typically larger, longer-term projects with construction periods of 2-3 years.
Source: HUD FHA Multifamily Production Reports
| Date | Lender | Location | Amount | Units | Program | Flags |
|---|---|---|---|---|---|---|
| Dec '25 | MASON JOSEPH COMPANY INC | HOUSTON, TX | $68.1M | 352 | New Const/Rehab | |
| Dec '25 | Regions Bank | LOUISVILLE, KY | $39.1M | 264 | New Const/Rehab | LIHTC |
| Dec '25 | CBRE HMF INC | Minneola, FL | $75.9M | 324 | New Const/Rehab | |
| Dec '25 | JLL Real Estate Capital, LLC | SALT LAKE CITY, UT | $10.2M | 55 | New Const/Rehab | |
| Dec '25 | Regions Bank | SHREVEPORT, LA | $7.4M | 108 | New Const/Rehab | LIHTC |
| Dec '25 | GERSHMAN INVESTMENT | Kapolei, HI | $6.6M | 50 | New Const/Rehab | |
| Dec '25 | CHURCHILL MORTGAGE INVMT LLC | HOUSTON, TX | $5.6M | 103 | New Const/Rehab | LIHTC |
| Dec '25 | Berkadia Commercial Mortgage LLC | ATLANTA, GA | $23.3M | 218 | New Const/Rehab | LIHTC |
| Dec '25 | Regions Bank | DALLAS, TX | $11.5M | 120 | New Const/Rehab | LIHTC |
| Dec '25 | HIGHLAND COMMERCIAL MTGE | ST. PETERSBURG, FL | $64.2M | 264 | New Const/Rehab |