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New Step by Step Map For 232 loan

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Development CONTINGENCY. HUD demands a construction contingency for new construction and substantial rehabilitation purposes to offer funding for suitable change orders and cost overruns not lined within just the first HUD-authorized development loan finances. On new development programs, the needed development contingency equals two% with the loan amount of money https://zaneqssru.59bloggers.com/39298581/the-single-best-strategy-to-use-for-232-loan

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