住房和城市发展部为低收入住房税收抵免项目开快车道：221(d)(4)新建贷款承销目标30天内办结
美国住房和城市发展部（HUD）下属联邦住房管理局（FHA）发布2026-13号抵押贷款人信函，正式实施低收入住房税收抵免（LIHTC）快车道计划，适用于多户住宅第221(d)(4)条新建贷款中使用 LIHTC 权益的项目。住房和城市发展部在官方公告中表示，符合条件的交易承销可在30天或更短时间内完成。
快车道的主要调整包括：取消原先200套或以下的合格项目规模上限；允许使用免税债券的4% LIHTC 交易用于新建；恢复标准的80%贷款成本比上限；取消原先要求的25%递延开发商费；并重申30天的确定承诺决定时限。4%与9%两类 LIHTC 交易均可申请。
资格方面，项目租金须受 LIHTC 限制，但不能包含 HUD 多户住宅第8条项目制租金援助，因为核定第8条租金所需时间与加速审查不相容。信函对开发团队、总承包商、建筑师与管理代理人设有经验要求；存在需要 HUD 大量分析的环境风险因素的项目不适用快车道。
业内人士指出，该快车道参照了2025年7月发布的第232条长者住房医疗设施快车道，意在让经验丰富、风险较低的 LIHTC 开发商减少文书负担、加快融资落地，从而增加可负担住房供给。
（来源：美国住房和城市发展部）
HUD Opens Express Lane for LIHTC Projects: 221(d)(4) New Construction Underwriting Targeted Within 30 Days
The Federal Housing Administration (FHA), part of the U.S. Department of Housing and Urban Development (HUD), has issued Mortgagee Letter 2026-13 implementing the Low-Income Housing Tax Credit (LIHTC) Express Lane for Multifamily Section 221(d)(4) new construction loans that use LIHTC equity. HUD said in its official announcement that underwriting for eligible transactions can be completed in 30 days or fewer.
The main changes eliminate the previous eligible project size limit of 200 units or less, permit new construction of 4% LIHTC transactions with tax-exempt bonds, restore the standard 80% loan-to-cost limit, eliminate the required 25% deferred developer fee, and reemphasize the 30-day firm commitment decision timeline. Both 4% LIHTC transactions with tax-exempt bonds and 9% LIHTC transactions are eligible.
To qualify, projects must have LIHTC-restricted rents but cannot include HUD Multifamily Section 8 project-based rental assistance, because the time involved in determining Section 8 rents is not congruent with an expedited review. The letter sets experience requirements for the development team, general contractor, architect and management agent, and projects with environmental risk factors requiring extensive HUD analysis are not eligible.
Industry participants note the initiative is modeled on the Section 232 express lane for senior housing healthcare facilities released in July 2025, and is intended to reduce paperwork for highly experienced, lower-risk LIHTC developers and speed financing so more affordable housing gets built.
(Source: U.S. Department of Housing and Urban Development)
来源：美国住房和城市发展部
发布：GSM·美国（发布链接）
图片来源：美国住房和城市发展部总部大楼（GSM 固定图库，联邦机构官方建筑图）
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