Google Answers: Raise rents for HUD insured property

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Q: Raise rents for HUD insured property ( No Answer, 1 Comment )

Question

Subject: Raise rents for HUD insured property
Category: Business and Money
Asked by: lhoo-ga
List Price: $35.00

Posted: 14 Nov 2005 07:39 PST
Expires: 14 Dec 2005 07:39 PST
Question ID: 592768

We own a multi-family housing property (48 units)located in Richmond
Virginia and it has an associated HUD (Housing & Urban Development)
loan. According to our Regulatory Agreement, our property was
originally endorsed for insurance under Section 207/223 (f). Do we
need HUD's approval to raise the rents under this type loan?

Answer

There is no answer at this time.

Comments

Subject: Re: Raise rents for HUD insured property
From: nelson-ga on 14 Nov 2005 17:04 PST

Why don't you ask HUD?

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