Money to Build or Renovate Single Room Occupancy Units

Called Mortgage Insurance for Single Room Occupancy Projects and referred to as Program #14.184 in the Catalog of Federal Domestic Assistance, this program provides mortgage insurance for multifamily properties consisting of single-room units. There are no Federal rent subsidies involved with this SRO Program. It is aimed at those tenants who have a source of income but are priced out of the rental apartment market. Contact your local office of the U.S. Department of Housing and Urban Development

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