FHA Financing for 5 Units and up in blighted area?

[Christopher J Lemmon]

Does anyone, investor, banker, or broker or loan officer on here, have experience dealing with larger apartments where government financing is available because the area is low income, high crime, or blighted? I am currently investing in an area like this and I want to look into financing on properties that are more than 5 units.

Can anyone point me to threads, blogs or companies that have info on this niche?

Thanks,

Chris 

[Michael Cohen]

You're looking for an FHA 223(f) Multifamily Housing loan: https://www.hud.gov/program_offices/housing/mfh/progdesc/purchrefi223f