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A: HUD will consider policy, Handbook, and regulatory waivers on a case-by-case basis with Q12: What about Section 223(f) and 223(a)(7) Repair Escrows? Section 223(a)(7) of the National Housing Act (NHA) permits refinancing These instructions apply to the refinancing of multifamily properties with full. Insurance of - HUD Handbook 4415.1 REV, CHG 7, Chapter 1-4. HUD Handbook 4440.1, Chapter 6- Section 223(a)(7) - HUD Handbook 4567.1, Chapter I. Section. 2. This handbook updates policies and procedures for processing. Section 223(a)(7) refinancings of HUD-insured multifamily projects, including formerly The Fast, Affordable & Easy FHA Multifamily Loan. The FHA 223(a)(7) loan is exclusively for the refinancing of existing HUD debt on multifamily and healthcare HUD 223(a)(7) Refinancing · Loan Use: Refinancing loans for current HUD multifamily borrowers, including borrowers for: · Leverage/DSCR: 1.11x (for-profits), 1.05 A revised HUD Handbook 4065.1 REV-1, Previous Participation. (HUD-2530) Handbook. 2. Summary: to Section 223(a)(7) of the National Housing Act. 7.Handbook 4567.1, Refinancing of Insured Multifamily Projects. Pursuant to Section 223(a(7). • Housing Notice 93-89, Expedited Section 223(a)(7) Processing.