MAP Section 241(a) Program

The MAP section 241(a) program provides loans to finance repairs, additions, and improvements to multi-family rental housing and health care facilities with FHA insured or HUD held mortgages.

Eligible properties for this program include:
  • Apartment projects
  • Nursing Homes
  • Hospitals
  • Group-practice facilities that already hold HUD-insured or HUD-held mortgages
Projects may also benefit from obtaining FHA insurance on loans to:
  • Preserve, expand or improve housing opportunities
  • Provide fire and safety equipment
  • Finance energy conservation improvements to conventionally financed projects