First Florida boasts extensive expertise in HUD-financed projects across the entire state of Florida. The Department of Housing and Urban Development (HUD) of the U.S. Government offers capital advances to facilitate the financing of property acquisition, rehabilitation, or construction. These properties are specifically developed to cater to the housing needs of very low-income families, individuals, and the elderly. Additionally, rent subsidies are provided for these projects to ensure their affordability.

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Similar to tax credit projects, HUD multifamily construction projects necessitate specialized knowledge and meticulous attention to budgeting, accounting, scheduling, reporting, documentation, and construction management communications. Our profound experience in this realm of general contracting assures unparalleled peace of mind for clients engaged in HUD-financed projects.