Notice2026-08795
Annual Indexing of Basic Statutory Mortgage Limits for Multifamily Housing Programs
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
May 6, 2026
Effective
January 1, 2026
Issuing agencies
Housing and Urban Development Department
Abstract
In accordance with Section 206A of the National Housing Act, HUD is providing notice of adjustment to the Basic Statutory Mortgage Limits for Multifamily Housing Programs for Calendar Year 2026.
Full Text
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<title>Federal Register, Volume 91 Issue 87 (Wednesday, May 6, 2026)</title>
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[Federal Register Volume 91, Number 87 (Wednesday, May 6, 2026)]
[Notices]
[Pages 24597-24598]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-08795]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-6603-N-01]
Annual Indexing of Basic Statutory Mortgage Limits for
Multifamily Housing Programs
AGENCY: Office of the Assistant Secretary for Housing--Federal Housing
Commissioner, HUD.
ACTION: Notice.
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SUMMARY: In accordance with Section 206A of the National Housing Act,
HUD is providing notice of adjustment to the Basic Statutory Mortgage
Limits for Multifamily Housing Programs for Calendar Year 2026.
DATES: The adjustments are effective January 1, 2026.
FOR FURTHER INFORMATION CONTACT: Margaret Lawrence, Deputy Director,
Office of Multifamily Production, Department of Housing and Urban
Development, 451 Seventh Street SW, Washington, DC 20410-8000,
telephone (202) 431-7397 (this is not a toll-free number). HUD welcomes
and is prepared to receive calls from individuals who are deaf or hard
of hearing, as well as individuals with speech and communication
disabilities. To learn more about how to make an accessible telephone
call, please visit <a href="https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs">https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs</a>.
SUPPLEMENTARY INFORMATION: Section 206A of the National Housing Act (12
U.S.C. 1712a) provides authority for the annual adjustment for the
following FHA multifamily statutory dollar limits:
I. Section 207(c)(3)(A) (12 U.S.C. 1713(c)(3)(A));
II. Section 213(b)(2)(A) (12 U.S.C. 1715e(b)(2)(A));
III. Section 220(d)(3)(B)(iii)(I) (12 U.S.C.
1715k(d)(3)(B)(iii)(I));
IV. Section 221(d)(3)(ii)(I) (12 U.S.C. 1715l(d)(3)(ii)(I));
V. Section 221(d)(4)(ii)(I) (12 U.S.C. 1715l(d)(4)(ii)(I));
VI. Section 231(c)(2)(A) (12 U.S.C. 1715v(c)(2)(A)); and
VII. Section 234(e)(3)(A) (12 U.S.C. 1715y(e)(3)(A)).
Section 206A goes on to state that the preceding:
``Dollar Amounts'' shall be adjusted annually (commencing in 2004)
on the effective date of the Federal Reserve Board's adjustment of the
$400 figure in the Home Ownership and Equity Protection Act of 1994
(HOEPA). The adjustment of the Dollar Amounts shall be calculated using
the percentage change in the Consumer Price Index for All Urban
Consumers (CPI-U) as applied by the Federal Reserve Board for purposes
of the above-described HOEPA adjustment.
(b) Notification
The Federal Reserve Board shall, on a timely basis, notify the
Secretary, or the Secretary's designee, in writing of the adjustment
described in subsection (a) and of its effective date, to permit the
Secretary to undertake publication in the Federal Register of
corresponding adjustments to the Dollar Amounts. The dollar amount of
any adjustment shall be rounded to the next lower dollar.
Note that 206A has not been updated to reflect the fact that HOEPA
has been revised to use $1,000 as the basis for the adjustment rather
than $400, and the Consumer Finance Protection Bureau has replaced the
Federal Reserve Board in administering the adjustment. These changes
were made by the Dodd-Frank Wall Street Reform and Consumer Protection
Act's amendments to the Truth in Lending Act, as further explained in
the regulatory implementation of said changes found in 78 FR 6856, 6879
(Jan. 31, 2013).
The percentage change in the CPI-U used for the HOEPA adjustment is
a 2.3 percent increase and the effective date of the HOEPA adjustment
is January 1, 2026. The Dollar Amounts under Section 206A have been
adjusted correspondingly and have an effective date of January 1, 2026
(see 90 FR 57890, Dec. 15, 2025).
These revised statutory limits may be applied to FHA multifamily
mortgage insurance applications submitted or amended on or after
January 1, 2026, so long as the loan has not been initially endorsed.
The adjusted Dollar Amounts for Calendar Year 2026 are shown below.
Basic Statutory Mortage Limits For Calendar Year 2026 Multifamily Loan
Program
Section 207--Multifamily Housing;
Section 207 pursuant to Section 223(f)--Purchase or Refinance
Housing; and,
Section 220--Housing in Urban Renewal Areas
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Bedrooms Non-elevator Elevator
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0............................................ $68,733 $80,170
1............................................ 76,138 88,832
[[Page 24598]]
2............................................ 90,947 108,925
3............................................ 112,100 136,424
4+........................................... 126,909 154,259
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Section 213--Cooperatives
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Bedrooms Non-elevator Elevator
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0............................................ $74,487 $79,314
1............................................ 85,886 89,860
2............................................ 103,582 109,270
3............................................ 132,587 141,362
4+........................................... 147,711 155,175
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Section 234--Condominium Housing
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Bedrooms Non-elevator Elevator
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0............................................ $76,007 $79,989
1............................................ 87,640 91,695
2............................................ 105,696 111,504
3............................................ 135,295 144,251
4+........................................... 150,725 158,341
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Section 221(d)(4)--Moderate Income Housing
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Bedrooms Non-elevator Elevator
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0............................................ $68,401 $73,889
1............................................ 77,649 84,706
2............................................ 93,859 103,004
3............................................ 117,808 133,252
4+........................................... 133,121 146,274
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Section 231--Housing for the Elderly
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Bedrooms Non-elevator Elevator
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0............................................ $65,032 $73,889
1............................................ 72,702 84,706
2............................................ 86,818 103,004
3............................................ 104,483 133,252
4+........................................... 122,838 146,274
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Section 207--Manufactured Home Parks
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Per Space.............................................. $31,553
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Environmental Impact
This notice establishes mortgage and cost limits which do not
constitute a development decision that affects the physical condition
of specific project areas or building sites. Accordingly, under 24 CFR
50.19(c)(6), this notice is categorically excluded from environmental
review under the National Environmental Policy Act of 1969 (42 U.S.C.
4321).
Joseph Gormley,
President of the National Mortgage Association performing the delegable
duties of the Assistant Secretary for Housing--Federal Housing
Commissioner.
[FR Doc. 2026-08795 Filed 5-5-26; 8:45 am]
BILLING CODE 4210-67-P
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</html>Indexed from Federal Register on May 6, 2026.
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