Building CONTINGENCY. HUD demands a construction contingency For brand new development and sizeable rehabilitation applications to supply funding for qualified improve orders and cost overruns not included inside the initial HUD-permitted design loan spending budget. On new building programs, the expected design contingency equals two% of your loan quantity and https://dallaswwurn.tkzblog.com/38648209/how-much-you-need-to-expect-you-ll-pay-for-a-good-232-loan