Doster Construction Company

• Education
• Healthcare
• Industrial
• Multifamily
  • Apartments
    • Lullwater at Saluda Pointe
    • Velocity in the Gulch
    • Birchall at Ross Bridge
    • The Haven at Knob Creek
    • The Haven at Reed Creek
    • Eighteen Watercress
    • 1700 Midtown
  • Student Housing
  • Hotels
  • Senior Living
• Additional

Multifamily

Hud 221 (d)(4)

Through the utilization of the FHA’s 221 (d)(4) Mortgage Insurance Program, lenders are arranging fixed rate, long-term, non-recourse financing for new apartment developments

General Contractor Requirements

Doster Construction Company’s experience, financial capacity and bonding ability include:

• Payment and Performance bonds
• Certified Payroll & Davis Bacon Wage requirements
• HUD closing
• Monthly Pay Applications
• HUD-5372 Schedule submission
• HUD-92442-A Construction Contract
• HUD-2328 Schedule of Values
• Final Endorsements
• Permission to occupy
• Cost Certification
• Working with architects that specialize in HUD 221(d)(4)
• Working with lenders who are approved to submit and process applications for multifamily mortgage insurance using Multifamily Accelerated Processing (MAP)
• Pre-Construction Services- Helping clients get from Pre-application to Firm Commitment, this much utilized service has become a staple for our clients. Providing detailed cost estimates and value engineering suggestions enables the developer to make accurate projections.