HUD 223(f) term sheet
Detailed MAP program terms, updated loan sizing, MIP, repairs, reserves and application requirements. September 2026.
Multifamily
Financing that follows your investment strategy.
Built around your property.
From stabilized acquisitions to new communities, Bedford helps apartment owners and developers evaluate financing around property performance, improvement plans and long-term ownership goals.
Discuss your projectExplore your financing options.
HUD 223(f)
Multifamily acquisition & refinance
Acquire or refinance an existing apartment community with long-term, fixed-rate HUD financing.
- Up to 35 years
- Fixed interest rate
Multifamily construction & substantial rehab
Build or substantially renovate an apartment community with construction-to-permanent HUD financing.
- 40-year amortization
- Single closing
Multifamily streamlined refinance
Refinance an existing HUD-insured apartment loan to improve its long-term financing structure.
- Fixed-rate financing
- No cash-out
Multifamily supplemental financing
Improve or expand an eligible apartment property while retaining its existing HUD first mortgage.
- Supplemental mortgage
- Property improvements