A crucial handbook that provides general guidance for tasks associated with the Department of Housing and Urban Development involvement in multifamily projects will be revised by October.
The book of policies and procedures, titled HUD Handbook 4350.1, hasn’t been updated since 1992.
Loan management multifamily officers use it in carrying out asset management and loan servicing in helping owners and managing agents maintain projects in good physical and financial condition.
Read more...HUD multifamily handbook to get update after 20 years | HousingWire
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