We are currently reviewing an application for an owner-occupied rehabilitation program that plans to offer loans of approximately $20,000 or less to home owners for necessary repairs. The organization plans to do 10 owner occupied rehabs of single family, one-unit properties. What I have read so far is that the minimum threshold for Davis-Bacon to apply is if it is a building of 8 units or more, and therefore would not apply to a program that intends to rehab multiple (possibly over 8) 1-unit properties. Is this a correct interpretation?
Date Published: May 2015