Summit Contracting Group has extensive experience building HUD 221(d)4 projects throughout the United States including in Florida, Georgia, South Carolina, Arkansas, Tennessee, Virginia, Maryland and Utah, among other areas. The U.S. Government’s Department of Housing and Urban Development provides mortgage insurance/underwriting for the lender to help finance the new construction of multifamily properties (structures). These projects include market rate apartments as well as affordable housing with income restrictions.
Like tax credit projects, HUD multifamily construction projects require special expertise and close attention to budgets, accounting, scheduling, reporting, documentation and construction management communications. Our deep experience in this type of general contracting provides unrivaled peace of mind for clients working on HUD-financed projects.