HUD Loans and prevailing wages

[Nate Raynor]

Hi BP,

Has anyone looked at how much on a percentage adjustment of construction costs adding prevailing impacts costs? 

We are thinking about going the HUD financing route for our construction debt, but I've been trying to fully understand the cost implications of using HID. One of which is we will have to ensure we are using prevailing wages on the construction side.

Thank you!