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HUD Adjusts Basic Statutory Mortgage Limits for CY 2016 Multifamily Housing

Tuesday, May 23, 2017 - 8:30AM

The U.S. Department of Housing and Urban Development (HUD) tomorrow will publish a Federal Register notice adjusting the basic statutory mortgage limits for multifamily housing programs for calendar year (CY) 2016. The percentage change in the consumer price index for all urban consumers (CPI-U) is 0.7 percent and the effective date of the Home Ownership and Equity Protection Act of 1994 adjustment is Jan. 1, 2016.

 

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