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Green/Energy Efficient Housing | DAVIS-PENN MORTGAGE CO., Houston, TX

Green/Energy Efficient Housing

HUD now offers a reduced MIP rate to projects willing to adopt higher energy efficiency and sustainability standards for 221(d)4 and 223(f) transactions. The annual MIP for properties that qualify is 0.25% which can be up to a 40 basis point reduction in the annual premium on market rate transactions.

MIP Reduced Rates - Federal Register Vol. 81, No. 62
Green and Energy Efficient Housing - MIP Reduction Steps (221(d)4)