FHA Section 241(a) - Supplemental Loans
FHA Section 241(a) insures supplemental loans on multifamily projects that already carry an FHA-insured first mortgage. These loans fund repairs, additions, or improvements to the property.
Source: HUD FHA Multifamily Production Reports
106Deals$803.4MTotal$7.6MAvg Deal155Avg Units32States
Recent 241(a) Improvements Deals
| Date | Lender | Location | Amount | Units | Program | Flags |
|---|---|---|---|---|---|---|
| Dec '25 | JLL Real Estate Capital, LLC | LEESBURG, FL | $10.9M | 140 | 241(a) Improvements | LIHTC |
| Dec '25 | Dwight Capital | Corinth, TX | $31.1M | 172 | 241(a) Improvements | |
| Oct '25 | Lument | ATLANTA, GA | $6.4M | 152 | 241(a) Improvements | LIHTC |
| Oct '25 | BWE | MOORESVILLE, NC | $6.5M | 190 | 241(a) Improvements | |
| Sep '25 | CENTURY HEALTH & HOUSING CAPITAL, LLC | GLENVILLE, NY | $25.9M | 104 | 241(a) Improvements | |
| Sep '25 | AGM FINANCIAL SERVICES | BALTIMORE, MD | $978K | 6 | 241(a) Improvements | |
| Aug '25 | PGIM Real Estate | ATLANTA, GA | $3.6M | 121 | 241(a) Improvements | LIHTC |
| Aug '25 | Merchants Capital Corp. | Fishers, IN | $17.2M | 232 | 241(a) Improvements | LIHTC |
| Jun '25 | Colliers Mortgage | BROOKLYN PARK, MN | $1.5M | 170 | 241(a) Improvements | LIHTC |
| Dec '24 | GERSHMAN INVESTMENT | Kyle, TX | $55.0M | 299 | 241(a) Improvements |