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HUD Updates Section 202 NOFA FAQs

On April 15, HUD updated the Frequently Asked Questions associated with the Section 202 Notice of Funds Availability (NOFA), applications for which are due May 26. Based on the questions submitted, HUD has updated the FAQs. The new update includes questions on Opportunity Zones, FHA-insured financing in the development of projects, Environmental Review contacts, Appraisals, Physical Design, and Income Restrictions. The new questions are numbered 4, 16, 17, 30, 31, 32, 33, and 61 in this updated FAQ on the 202 NOFA website.

In addition to the NOFA and the FAQ, the 202 NOFA website also includes these tools:

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