Multifamily Housing Terms & Handbook Reference

A B C D E F G H I L M N O P R S T U V W Y

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- A -

ACCESSIBILITY - HUD Handbook 4460.1, Chapter 1-4b

ACCOUNTABILITY MONITORING - Notice H 92-72, September 22,1992 –implements the concept of accountability monitoring with respect to schedulingreviews and prescribing corrective actions resulting from the reviews.

ACCOUNTANTS - see “cost certification”Basic Requirements - HUD Handbook 4470.1 REV-2, Chapter 1-3Certification Required - HUD Handbook 4440.1, Chapter 5-3Mortgage Credit instructions - HUD Handbook 4470.1 REV-2, Chapter 1-3

ACT - the National Housing Act, as amended.HUD Handbook 4010.1, Chapter 1-1

ACTUAL COSTS - are the costs to the mortgagor for the improvements involved inproperty upgrades. HUD Handbook 4010.1, Chapter 1-2 and HUD Handbook 4440.1,Chapter 5-2b Date of Completion for Determination - HUD Handbook 4440.1,Chapter 5-8

ACQUIRED PROPERTIESDisposition

Underwriting recommendations - HUD Handbook 4445.1, Chapter 4Valuation-analysis - HUD Handbook 4465.1, Chapter 1-8

ADVANCESInsurance of - HUD Handbook 4415.1 REV, CHG 7, Chapter 1-4

HUD Handbook 4440.1, Chapter 6-4HUD Handbook 4470.1 REV-2, Chapter 8

During ConstructionGeneral - HUD Handbook 4435.1, Paragraph 1-1Architectural review - HUD Handbook 4460.1 REV-1, 3-9Carrying charges - HUD Handbook 4435.1, Chapter 1-25Mortgage credit processing - HUD Handbook 4470.1 REV-2, Chapter 1,

Chapter 1-3Final Advance

HUD Handbook 4470.1 REV-2, Chapter 8-13HUD Handbook 4440.1, Chapter 7-1Approval, conditions of - HUD Handbook 4470.1 REV-1-Chapter 8-1

AMENDED FINANCING FACTORS - Policy memorandum dated 7/21/82 fromGDAS Philip Abrams providing instructions for the amended financing adjustmentsfactors.

AMORTIZATIONGeneral - HUD Handbook 4470.1 REV-2, Chapter 4-1Commencement - HUD Handbook 4425.1 REV-2, Chapter 1-3Plans - HUD Handbook 44 25.1. REV-2, Chapter 1-2Preparation of Schedules - HUD-Handbook 4440.1, Chapter 10-1Requisition for schedule - HUD Handbook 4440.1, Chapter 11-26Advance Amortization Requirements

General - HUD Handbook 4440.1, Chapter 11-19Mortgage credit processing - HUD Handbook 4470.1 REV-2, Chapter 2-3

Commencement Date per CommitmentDeferment of - HUD Handbook 4435.1, Chapter 1-32

Prepayment of Mortgage - GeneralRevision of Instruments - HUD Handbook 4440.1, Chapter 10-2Schedules - HUD Handbook 4410.1 REV- 2, Chapter 30; HUD Handbook 4440.1,Chapter 10-1

Final ClosingEstablishing first payment to principal - HUD Handbook 4440.1, Chapter 4-3

APPLICATIONIdentification of Priority HUD Handbook 4420.1, Chapter 2-5Insurance of Advance Mortgage Proceeds - HUD Handbook 4435.1, Chapter 1-17

APPLICATION EXHIBITS - HUD Handbook 4425.1 REV 2, Chapter 4Firm Commitment - HUD Handbook 4425.1 REV-2, Chapter 1

APPLICATION STAGES - HUD Handbooks 4420.1, Chapter 2; 4425.1, Chapter 2-2Types: SAMA

FeasibilityConference - HUD Handbook 4420.1, Chapter 2-3Determination - HUD Handbook 4420.1, Chapter 2-2Letter - HUD Handbook 4420.1, Chapter 2-3

Conditional Commitment - HUD Handbook 4420.1, Chapter 2-8Firm Commitment - HUD Handbook 4420.1, Chapter 2-9Combined Stages - HUD Handbook 4565.1 REV-1, Chapter 5-1c

APPRAISERS FEE - HUD Handbook 4410.1, Chapter 1 - 5Escrow procedure to assure payment - HUD Handbook4470.1 REV-2, Chapter 10-4Mortgage credit Processing - HUD Handbook: 447.0-1 REV-2, Chapter 8-1Insured - HUD Handbook 4460.1, Chapter 3-6Mortgage Credit Examination - HUD Handbook 4470.1, Chapter 11-9

Next to Final Advance HUD Handbook 4470.1 REV-2 Chapter 8-11

ADVERTISING EXPENSES - HUD Handbook 7400.1, Chapter 9-3

AGREEMENTSAssurance - HUD Handbook 4430.1 REV-1, Chapter 1-17bBuilding Loan - HUD Handbook 4430.1 REV-1, Chapter 1-23Collateral - HUD Handbook 4430.1 REV-1, Chapter 1-35Deferment of Principal Payments for LAMP and Combination

Declining Annuity Payment - HUD Handbook 4435.1 CHG 4Guarantee - HUD Handbook 4430.1 REV-1, Chapter 1-29Grant/Loan - HUD Handbook 4470.1 REV-2, Chapter 5-5Health Care - HUD Handbook 4430.1 REV-1, Chapter 1-24aMaintenance - HUD Handbook 4430.1 REV-1, Chapter 1-10iRegulatory (Mobile Home Parks) - HUD Handbook 4430.1 REV 1, Chapter 1-24bRisk-Sharing - HUD Handbook 4590.01, Chapter 2-6Security - HUD Handbook 4430.1 REV-1, Chapter 1-20bOwner-Architect - HUD Handbook 4430.1 REV-1, Chapter 1-13; HUDHandbook 4460.1 REV-1, Chapter 1-5cPublic Body - HUD Handbook 4430.1 REV-1, Chapter 1-18a

AIR RIGHTS - HUD Handbook 4430.1 REV-1, Chapter 1-12

ALLOWANCE TO MAKE THE PROJECT OPERATIONAL (AMPO)HUD Handbook 4500.1 REV-2

General - HUD Handbook 4500.1 REV-1, Chapter 1Advances - HUD Handbook 4470.1, Chapter 2-20cAllowable Fees - HUD Handbook 4500.1 REV-1, Chapter 2-7Conflict of Interest - HUD Handbook 4500.1 REV-1, Chapter 2-6Consultants - HUD Handbook 4500.1 REV-1, Chapter 2-3Cost Certification - HUD Handbook 4470.1 REV-2, Chapter 11Disbursements from AMPO - HUD Handbook 4500.1 REV-1, Chapter 1-2Enforcement - HUD Handbook 4500.1 REV-2, Chapter 2-8Final Endorsement - HUD Handbook 4500.1 REV-1, Chapter 1-4Initial Endorsement - HUD Handbook 4500.1 REV-1, Chapter 1-3Nonprofit Sponsors - HUD Handbook 4500.1 REV-1, Chapter 2

ARCHITECTSGeneral - HUD Handbook 4460.1 REV-2, Chapter 1:Architectural Analysis - HUD Handbook 4460.1 REV-1Air Conditioning - HUD Handbook 4460.1 REV-1, Chapter 4-1HAppeals - HUD Handbook 4460.1 REV-1, Chapter 1-6Architect's Adequacy - HUD Handbook 4460.1 REV-1, Chapter 3-11Architect's Duties - HUD Handbook 4460.1 REV-1, Chapter 3-3Architect's Functions - HUD Handbook 4460.1 REV-1, Chapter 2-2Architectural Inspection - HUD Handbook 4460.1 REV-1, Chapter 3-1

Conditional Commitment - HUD Handbook 4460.1 REV-1, Chapter 2-lBCommercial Facilities - HUD Handbook 4460.1 REV-1, Chapter 1-4CConstruction Changes - HUD Handbook 4460.1 REV-1, Chapter 3-12Construction Problems - HUD-Handbook 4460.1 REV-1, Chapter 3-14Day care Facilities - HUD Handbook 4460.1 REV-11, Chapter 1-4DEvaluation - HUD Handbook 4460.1, Chapter 1-5eFinal Completion - HUD Handbook 4460.1 REV-1, Chapter 3-15Final Inspection - HUD Handbook 4460.1 REV-1, Chapter 3-16Firm Commitment - HUD Handbook 4460.1 REV-1, Chapter 2-1CHandicapped Accessibility - HUD Handbook 4460.1 REV-1, Chapter 1-4BMinimum Property Standards - HUD Handbook 4460.1 REV-1, Chapter 1-4A HUD Handbook 4910.1Noise Abatement - HUD Handbook 4460.1 REV-1, Chapter 1-4NProject Acceptability - HUD Handbook 4460.1 REV-1, Chapter 1-34Rehabilitation - HUD Handbook 4460.1 REV-1, Chapter 4Required Architectural Services - HUD Handbook 4460.1 REV-1, Chapter 1-5Stages - HUD Handbook 4460.1 REV-1, Chapter 2-1Section 221(d)(3) - HUD Handbook 4560.1 Chapter 2-4Section 221(d)(4) - HUD Handbook 4560.1: Chapter 3-4Section 231 - HUD Handbook 4570.1, Chapter 2-4Substantial Completion - HUD Handbook 4460.1 REV-1, Chapter 3-15Standards and Other Criteria - HUD Handbook 4460.1 REV-1, Chapter 1-4Surveys - HUD Handbook 4460.1 REV-1, Chapter 3-86 Construction Changes - HUD Handbook 4460.1 REV 1, Chapter 3-12Commercial Facilities - HUD Handbook 4460.1 REV- 1 Chapter 1-4cContract Forms - HUD Handbook 4460.1 REV-1, Chapter-2-9cDuties of Project Architect - HUD Handbook 4460.1 REV, Chapter-3-3Fees

Advances during construction - HUD Handbook 4435.1, Chapter 1-18Cost certification - HUD Handbook 4470.1, Chapter 2-28dCost estimation - HUD Handbook 4450.1, Chapter 3Inadequacy of Performance - HUD Handbook 4460.1 REV-1, Chapter 3-11Inspections by HUD - HUD Handbook 4460.l REV-1, Chapter 3-1Duties of HUD inspectors - HUD Handbook 4460.1 REV-1, Chapter 3-4Guarantee period - HUD Handbook 4460.1 REV-1, Chapter 3-17.

Joint - HUD Handbook 4460.1 REV-1, Chapter 4-6Final - HUD Handbook 4460.1 REV-1, Chapter 3-16

Offsite - HUD Handbook 4460.1 REV-1, Chapter 3-9Owner-Architect Agreements - HUD Handbook 4430.1 CHG 9, Chapter 1-13Processing - HUD Handbook 4460.1 REV-1, Chapter 2-1Rehabilitation - HUD Handbook 4460.1 REV-1, Chapter 4Termination of Contract - HUD Handbook 4460.1 REV-1, Chapter 3-11E

AREA ELIGIBILITY - HUD Handbook 4425.1 REV 2, Chapter 3-8

ASSURANCES AND ADVANCES FOR OFFSITE FACILITIES – HUDHandbook 4470.1 REV-2 CHG 1, Chapter 7

ASSURANCE OF COMPLETION - see “Surety” - HUD Handbook 4430.1 CHG 9,CHAPTER 1-12

Basic Requirements - HUD Handbook 4470.1 REV-2, Chapter 10Distinction Between Forms of Assurance - HUD Handbook 4440.1, Chapter 3-4Escrows - HUD Handbook 4435.1, Chapter 2-9Mortgage Credit Processing - HUD Handbook 4470.1 REV-2 Chapter 10-1Offsite Facilities - HUD Handbook 4440.1, Chapter 3-7Onsite Facilities - HUD Handbook 4440.1, Chapter 3-1Other Forms of Assurance - HUD Handbook 4440.1, Chapter 3-6

ATTORNEYSAllowable Fees - HUD Handbook 4480.1, 2264Certificate - HUD Handbook 4440.1, Chapter 11-16Closing - HUD Handbook 4430.1, Chapter 1-4, 1-5, 1-6Consultant - As Both - HUD Handbook 4500.1, Chapter 2-2Objective - HUD Handbook 4430.1, Chapter 1-2

HUD Handbook 4440.1, Chapter 4 and Chapter 11

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BALANCE SHEETBasic Requirements - HUD Handbook 4440.1, Chapter 5-2dMortgage Credit Analysis - HUD Handbook 4470.1 REV-2, Chapter 3-1C

BOARD AND CARE HOMES - HUD Handbook 4600.1 REV-1General - HUD Handbook 4600.1 REV-1, Chapter 1Application Requirements - HUD Handbook 4600.1 REV-1, Chapter -4Application Stages - HUD Handbook 4600.1 REV-1, Chapter 3-1Architectural Analysis and Inspection - HUD Handbook 4600.1 REV-1, Chapter 5Cost Analysis - HUD Handbook 4600.1 REV-1, Chapter 6Economic & Market Analysis - HUD Handbook 4600.1 REV-1, Chapter 9-1Grants/Loans - HUD Handbook 4600.1 REV-1, Chapter 12Loan Closing - HUD Handbook 4600.1 REV-1, Chapter 10Mortgage Credit - HUD Handbook 4600.1 REV-1, Chapter 8Property and Mortgage Eligibility - HUD Handbook 4600.1 REV-1, Chapter 2Special Features - HUD Handbook 4600.1 REV-1, Chapter 11Valuation Processing - HUD Handbook 4600.1 REV-1, Chapter 7

BONDS - HUD Handbook 4430.1, Chapter 1-41Performance and Payment - HUD Handbook 4435.1, Chapter 4-9;

HUD Handbook 4430.1 Rev-1, Chapter 1-17ASection 811 – HUD Handbook 4571.4, Chapter 3-9Section 202 – HUD Handbook 4571.5, Chapter 3-9Restrictions - Policy memorandum issued 12/5/85 from GDAS

Janet Hale on State and Local restrictions on Bond-Financed ProjectsSurety HUD Handbook 4440.1, Chapter 11-7a

BOND FINANCE PROJECTS - HUD Handbook 4470.1 REV-2, CHG 1, Chapter 15

BROKER’S FEE - HUD Handbook 4430.1, Chapter 1-33

BUILDER'S AND SPONSOR'S PROFIT AND RISK ALLOWANCE(BSPRA) - HUD Handbook 4440.1, Chapter 5-10n

Allowable Cost - HUD Handbook 4440.1, Chapter 5-11Allowance (BSPRA) - HUD Handbook 4440.1, Chapter 5-10nUnder Section 221(d)(4) - HUD Handbook 456.0.1, Chapter 1-9c

BUILDER-SELLER MORTGAGOREarly Start (reimbursement for-expenses of income and Expense Statement) - HUD Handbook 4440.1, Chapters 4-3c and 5-10c

Job overhead - HUD Handbook 4440.1, Chapter 5-1leRequired Statements- HUD Handbook 4440.1, Chapter 5-2

BYRD AMENDMENT - Policy memorandum issued April 4, 1990, with theimplementation of

the Byrd Amendment, its causes and effects. Policy memorandum issued July 15, 1990from Assistant Secretary C. Austin Fitts on the certifications under Byrd Amendment.

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CAPITAL ADVANCE UNDER SECTION 202 and SECTION 811- ApplicantEligibility HUD Handbook 4571.3 REV-1 (See 202); 4571.2 (Sec 811)

Application Preparation - Chapter 2Application Processing - Chapter 3Conditional Commitment - HUD Handbook 4571.5, Chapter 2 (Sec 202) 4571.4,

Redesigned Section 202/811 – Notice 96-102Final Closing - HUD Handbook 4571.5, Chapter 6

CARRYING CHARGES - HUD Handbook 4435.1, Chapter 1, Paragraph 1-8

CASH ASSURANCE - HUD Handbook 4440.1, Chapter 8-2

CASH ESCROW-AT FINAL ENDORSEMENT - HUD Handbook 4440.1,Chapter 11-9b

CHANGE IN GENERAL CONTRACTOR - HUD Handbook 4435.1, Chapter 1,Paragraph 1-10

CHANGE ORDERS - See General "Construction”Mandatory Changes in construction - HUD Handbook 4435.1,

Chapter-1, Paragraph 1-7Voluntary Changes in Construction - HUD Handbook 4435.1, Chapter 1,

Chapter 1-7Processing Clarification - Policy memorandum issued 9/14/89 from Frank D. Brown,

Director of Housing Development providing clarification to the processing ofchange orders.

CHATTELS - Coverage under mortgage lion, HUD Handbook 4440.1, Chapters 4 and 11

CLOSINGFinal Closing - HUD Handbook 4440.1, Chapter 11-26General - HUD Handbook 4440.1, Chapter 1Amortization Schedules - HUD Handbook 4440.1, Chapter 10Chattel Mortgage - HUD Handbook 4440.1, Chapter 11-26Cost Certification - HUD Handbook 4440.1, Chapter 5Distribution of Closing Instruments - HUD Handbook 4440.1, Chapter 9Final Endorsement - HUD Handbook 4440.1, Chapter 7Guarantee Follow Completion - HUD Handbook 4440.1, Chapter 8Incomplete on-Site Facilities - HUD Handbook 4440.1, Chapter 3Initial - HUD Handbook 4430.1 REV-1, Paragraph 1-9,

Mortgagee Letter 87-8Insurance Upon Completion - HUD Handbook 4440.1, Chapter 11Mortgage - HUD Handbook 4440.1, Chapter 6

Property Insurance Requirements - HUD Handbook 4440.1, Chapter 2Deposit to meet costs where undisbursed mortgage proceeds are insufficient –

HUD Handbook 4470.1 REV-2,Endorsement of credit instrument - HUD Handbook 4440.1, Chapters 7-1 and 7-2Escrow procedure to assure payment to contractor and subcontractors –

HUD Handbook 4440.1, Chapter 7-lbInitial Closing

Purpose - HUD Handbook 4430.1, Paragraph 1-1Financial Requirements for Closing - HUD Handbook 4470.1.REV-2,

Chapter 5-3Permanent Financing - HUD Handbook 4470.1 REV-2, Chapter 5

CERTIFICATE OF ELIGIBILITY - the official certificate issued by the Secretary ofDefense to HUD. HUD Handbook 4010.1, Chapter 1-12

CHANGES IN PROPOSALS - HUD Handbook 4425.1 REV-2, Chapter 2Allowable Changes, HUD Handbook 4425.1 REV-2. Paragraph CChange in Sponsorship, HUD Handbook 4425.1 REV-2, Chapter BCounterproposal by HUD, HUD Handbook 4425.1 REV-2, Chapter ERejections, HUD Handbook 4425.1 REV-1. Chapter DSignificant Deviation, HUD Handbook 4425.1 REV-2, Chapter A.

CLOSING FISCAL EXAMINATION - HUD Handbook 4410. 1, REV 2, Chapter 1,Paragraph 1-13.

CLOSING FISCAL EXAMINATION WORK SHEET- HUD Handbook 4410.1,REV 2, Chapter 1, Paragraph 1-12.

CLOSING INSTRUMENTSDistribution - HUD Handbook 4440.1, Chapter 9

COMMERCIAL FACILITIES - is any space or facility permitted and acceptable fornonresidential use from which income is derived or anticipated. HUD Handbook4420.1,

Paragraph 1-19Allowable Amounts

Under Section 207 - HUD Handbook 4420.1, Chapter 1-19Under Section 221(d) - HUD Handbook 4560.1,

Architectural Review - HUD Handbook 4350.1Commercial Income - Estimation of - HUD Handbook 4465, Chapter 5-3

COMMITMENT - HUD Handbook 4425.1 REV 2, Chapter 2-2Architectural RequirementsConditional commitment stage - HUD Handbook 4425.1, REV 2, Chapter 2-2, C

HUD Handbook 4460.1 REV-1, Chapters 2-1b, 2-3

Firm commitment stage - HUD Handbook 4425.1 REV 1, Chapter 2-2, DHUD Handbook 4460.1 REV-1, Chapters 2-1-C, 2-2d6

SAMA - HUD Handbook 4460.1 REV-1, Chapter 2-2Changes - HUD Handbook 4460.1, Chapter 3-12Combining - HUD Handbook 4425.1 REV 2, Chapter 2-2-, E

HUD Handbook 4410.1, Chapter 1-3, Paragraph EConditional Commitment HUD Handbook 4425.1 REV 2, Chapters 2-2-C

Architectural Requirements - HUD Handbook 4460.1 REV-1Cost analysis - HUD Handbook 4450.1, Chapter 2-1Mortgage credit analysis HUD Handbook 4470.1 REV-2, Chapter 2

Processing - HUD Handbook 4445, Chapter 2-17Valuation analysis - HUD Handbook 4465.1,Chapter 1-5Terms and Extensions - HUD Handbook 4425.1, REV 2, Chapter 2-10

General - HUD Handbook 4425.1, Chapter 1-5Fees and Charges

Distribution - HUD Handbook 4425.1, Chapter 2-4Firm Commitment

General - HUD Handbook 4460.1, Chapter 2-4, HUD Handbook 4445.1, Chapter2-8Architectural requirements - HUD Handbook 4460.1 REV-1, Chapter 2-1c

Assignment of firm commitment - HUD Handbook 4425.1 REV 2, Chapter 2-2,Paragraph D

Mortgage credit analysis - HUD Handbook 4470.1 REV-2, Chapter 2Valuation processing - HUD Handbook 4465.1, Chapter 1-6General - Application through Commitment - HUD Handbook 4425.1Processing - HUD Handbook 4420.1, Paragraph 2-7

COMMITMENT PROCESSING -HUD Handbook 4470.1 REV-2 CHG 1, Chapter 4

COMPOSITION OF PROJECT NUMBERS - HUD Handbook 4410.1 REV2,Paragraph 1-2, Chapter 1Changes in Project Numbers Paragraph 1-3New Projects - Paragraph 1-1

COMPREHENSIVE MULTIFAMILY SERVICING - HUD Notice 91-3, 91-22,Handbooks 4350.1, 4350.1, 4370.1, and Mortgagee Letter 88-22 - encourages theowner/agents of HUD insured and assisted housing to recognize the partnership which exists; and ensure compliance of owners/managers with the regulatoryrequirements of HUD programs especially regarding the physical condition and management of properties.

CONFERENCEPro-Application - HUD Handbook 4420.1.Pro-Construction - HUD Handbook.4430.1 CHG, Chapter 1-44Final Review - HUD Handbook 4420.1, Chapter 2-11Firm Commitment - HUD Handbook 4420, Chapter 2-11

CONGREGATE HOUSING SERVICES PROGRAM - HUD Handbook 4640.1General - Chapter 1Administration of Grants - Chapter 4

CONSTRUCTIONCarrying charges, Financing Expenses - HUD Handbook 4435.1, Chapter 1-25Allowable Costs - HUD Handbook 4450.1, Chapter 7-4Cost analysis - HUD Handbook 4450.1, Chapter 6-1Mortgage credit review - HUD Handbook 4470.1 REV-2, Chapter 2Amendment to Contract - HUD Handbook 4420.1, Chapter 2-10

Change Orders General - HUD Handbook 4435.1, Chapter 1-8Architectural-review - HUD Handbook 4460.1, Chapter 3-12Cost review - HUD Handbook 4450.1, Chapter 5-1

Mortgage credit processing - HUD Handbook 4470.1 REV-2, Chapter 2-4Contract Forms - HUD Handbook 4430.1, Chapter 1-14a, 1-14bTitle - HUD Handbook 4430.1. Chapter 1-10Elderly projects under Section 231 - HUD Handbook 4570.1, Chapter 1-6e

Completion - HUD Handbook 4440.1For final closing - defined HUD Handbook 4440.1, Chapter 1-5Substantial completion - defined - HUD Handbook 4440.1, Chapter 5-8

Contractor's Fees - HUD Handbook 4420.1 Builder's fee - HUD Handbook 4420.11 Chapter 1-15c Cost certification of - HUD Handbook 4470.2 Cost estimation of - HUD Handbook 4450.1, Chapter 1-4b

Cost review for cost certification - HUD Handbook 4450.1, Chapter 6Disallowance of profit and general overhead - HUD Handbook 4450.1,

Chapter 6General requirementsRelease of holdback, - HUD Handbook 4435.1,.Chapter 1-28

Cost Certification - Generally - HUD Handbook 4440.1,Chapter 5-11 and HUD Handbook 4470.1 REV-2 CHG 1, Chapter 11

Mortgage Certification - HUD Handbook 4430.1, Chapter 1-25Guarantee following completion - HUD Handbook 4440.1, Chapter 8Holdback - release of - HUD Handbook 4435.1, Chapter 1-4IncentiveNew construction - defined - HUD Handbook 4420.1, Chapter 1-8Permission to occupy - HUD Handbook 4435.1 CHG 4, Chapter 1-19Prevailing wages - HUD Handbook 1340.3a cost analysis - HUD Handbook 4450.1, Chapter 6-1 when required - HUD Handbook 4460.1, Chapter 1-15Preconstruction conference - HUD Handbook 4430.1, Chapter 1-4Progress schedule

Draws - HUD handbook 4435.1, Chapter 1, Paragraph 1-6Defects - HUD Handbook 4435.1 CHG 4, Chapter 1, Paragraph 1-13Substantial Completion - defined - HUD Handbook 4440.1, Chapter 5-8Time - HUD Handbook 445b.1, Chapter 1-5

Estimation of construction period - HUD Handbook 4435.1, Chapter 1-10

Extension of - HUD Handbook 4435.1 CHG 4, Chapter 1-10Work Stoppage - HUD Handbook 4435.1, Chapter 1-12

CONSULTANTS - HUD Handbook 4500.1, Chapter 2Section 811 – HUD Handbook 4571.2, Chapter 2-6, Notice 6

CONTINGENCY RESERVE - HUD Handbook 4480.1

CONTRACTORS - see,”construction”Certifications Required by - HUD Handbook 4440.1, Chapter 5-2Duties and obligations - General - HUD Handbook 4420.1, Chapter 1-15

CONVERSION FROM NONPROFIT SPONSORS TO LIMITEDDIVDEND SPONSORS - HUD Handbook 4435.2, Chapter 1-14

COOPERATIVE HOUSING - HUD Handbook 4550.2General - HUD Handbook 4550.2, Chapter 1-1Cooperative mobile Home Parks - HUD Handbook 4550.1, Chapter 2Organizing - HUD Handbook 4550.1, Chapter 1-5Section 213 - HUD Handbook 4550.2, Chapter 3-2Section 221(d)(3) - HUD Handbook 4550.1, Chapter 1-4Section 235 - HUD Handbook 4550.1, Chapter 1-28Section 236 - HUD Handbook 4550.1, Chapter 1-12Single Occupancy Units - HUD Handbook 4550.1, Chapter 1-17Sponsorship - HUD Handbook 4550.1, Chapter 1, Section.2Structure - HUD Handbook 4550.1, Chapter 3Investor & Non-Profit Sponsorship - HUD Handbook 4550.5

General - HUD Handbook 4550.5, Chapter 1Applications - HUD Handbook 4550.5, Chapter 2, Section 1Architectural Requirements - HUD Handbook 4550.5, Chapter 8Commitments - HUD Handbook 4550.5, Chapter 2, Section 2Construction Period - HUD Handbook 4550.5, Chapter 4Cost Estimation - HUD Handbook 4550.5, Chapter 7Final Closing - HUD Handbook 45750.5, Chapter 5Initial Endorsement - HUD Handbook 4550.5, Chapter 3Land Analysis - HUD Handbook 4550.5, Chapter 6Management - HUD Handbook 4550.5, Chapter 11Mortgage Credit - HUD Handbook 4550.5, Chapter 10Valuation - HUD Handbook 4550.5, Chapter 9Pro-Sale Management Type - HUD Handbook 4550.2, 1-3General - HUD Handbook 4550.2, Chapter 1Application Stage - HUD Handbook 4550.2,Chapter 2Architectural Requirements - HUD Handbook 4550.2, Chapter 9

Commitment Stage - HUD Handbook 4550.2, Chapter 3Construction Period - HUD Handbook 4550.2, Chapter 5Cost Estimation - HUD Handbook 4550.2, Chapter 8Final Endorsement - HUD Handbook 4550.21 Chapter 6Initial Endorsement - HUD Handbook 4550.2, Chapter 4Land Analysis - HUD Handbook 4550.2, Chapter 7Mortgage Credit - HUD Handbook 4550.2, Chapter 11

Valuation - HUD Handbook 4550.2, Chapter 10

COST CERTIFICATION - See, “Accountants”General - HUD Handbook 4440.1, Chapter 5-1Accountant's Certification Required - HUD Handbook 4440.1, Chapter 5-3Date of Completion for Determination of Actual Costs - HUD Handbook 4440.11

Chapter 5-8Evaluation of Cost Submission - HUD Handbook 4440.1, Chapter 5-6Identity of interest - HUD Handbook 4440.1, Chapter 5-15Mortgage credit review - HUD Handbook 4470.1 REV-2, Chapter 1-3Reports - Policy memorandum issued 3/2/82-from AS Philip Abrams on the Multifamily

Development Management Reports Cost Certification Processing.Request for Submission of Certification - HUD Handbook 4440.1, Chapter 5-9Required Statements - HUD Handbook 4440.1, Chapter 5-2Review of Cost Figures - HUD Handbook 4440.1, Chapter 5-7Sufficiency of Certification - HUD Handbook 4440.1, Chapter 5-4Unacceptable Certification - HUD Handbook 4440.1, Chapter 5-5Balance Sheet - as of Cut-off Date - HUD Handbook 4440.1, Chapter 5-2d and HUD

Handbook 4470.1Basic Requirements - HUD Handbook 4420.1, Chapter 1-17Adjustments for Undetermined Costs and/or EscrowsAdvanced Amortization Requirements - HUD Handbook 4470.1 REV-2, Chapter 4-1

Architect's Fee

COST ESTIMATION - HUD Handbook 4450.1, REV Chapter 3Data - HUD Handbook 4450.1 REV-1, Chapter 1Project Processing - HUD Handbook 4450.1 REV-1, Chapter 2-1Allowances and Fees - HUD Handbook 4450.1 REV-1, Chapter 3-7Accessory Buildings - HUD Handbook 4450.1 REV-1, Chapter 3-5Actual Cost - HUD Handbook 4450.1 REV-1, Chapter 6-5Architect's Fees - HUD Handbook 4450.1 REV-1, Chapter 1-4cBench Marks - HUD Handbook 4450.1 REV-1, Chapter 1-3Contractor’s Cost Breakdown - HUD Handbook 4450.1 REV-1, Chapter 2-2Builder's Fees - HUD Handbook 4450.1 REV-1, Chapter 1-4bChange Order - HUD Handbook 4450.1 REV-1, Chapter 5-1Comparable Selection - HUD Handbook 4450.1 REV-1, Chapter 3-2Construction Time - HUD Handbook 4450.1 REV-1, Chapter 1-5Contractor's Fees - HUD Handbook 4450.1 REV-1, Chapter 1-4b, Builder’s FeeContractor's Cost Certification Review - HUD Handbook 4450.1 REV-1,

Chapter 6-8Costs Not Attributable to Dwelling Use - HUD Handbook 4450.1 REV-1, Chapter 4-4Demolition - HUD Handbook 4450.1 REV-1, Chapter 4-3

Fifty/Seventy-Five Percent Rule - HUD Handbook 4450.1 REV-1, Chapter 6-6Gross Structure Estimate - HUD Handbook 4450.1 REV-1, Chapter 3-4Lump-Sum Contract Cost-Certification - HUD Handbook 4450.1 REV-1, Chapter 6-9Replacement Cost Estimate - HUD Handbook 4450.1 REV-1, Chapter 3-1Substantial Rehabilitation - HUD-Handbook 4450.1REV-l,.Chapter 7Sub Rehab General - HUD Handbook 4450.1 REV-1, Chapter 7-1Sub Rehab Allowances and Fees - HUD Handbook 4450.1 REV-1, Chapter 7-4Sub Rehab Bench Mark Costs - HUD Handbook 4450.1 REV-1, Chapter 7-3Contingency Reserve - HUD Handbook 4450.1 REV-1, Chapter 7-7Sub Rehab Demolition - HUD Handbook 4450.1 REV-1, Chapter 7-6Rehabilitation Cost Not Attributable to Residential - HUD Handbook 4450.1 REV-1,

Chapter 7-8Unusual Land Improvement - HUD Handbook 4450.1 REV-1, Chapter 4-2

COST ESCALATION - HUD Handbook 4435. 1, Chapter 1, Paragraph 1-13

COVENANTS - HUD Handbook 4420.1, Chapter 1-13

CUT-OFF DATEGeneralMortgage Credit Instructions - HUD Handbook 4470.1 REV-2, Chapter 11-6

COASTAL BARRIERS - HUD Handbook 4425.1 REV 2, Chapter 3-8, Chapter C;16 U.S.C. 3501 (Coastal Barriers Resources Act)

CREDIT INSTRUMENT - HUD Handbook 4440.1, Chapter 11-2 2

CREDIT INVESTIGATION - HUD Handbook 4470.1 REV 2, CHG 1, Chapter 2

CREDIT REPORTS - Policy memorandum issued 6/24/82 from GDAS PhilipAbrams on Factual Data Credit Reports

CREDIT SUBSIDY - The Federal Credit Reform Act of 1990 requires HUDto estimate the amount that could be lost on all multifamily project mortgagesin case of default be recognized at the front end.

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DATA DEVELOPMENT AND LIBRARY MAINTENANCE –HUD Handbook 4425.1 REV 2, Chapter 2, paragraph 2-7.

DATA ELEMENTS - Policy memorandum issued 9/12/91 from Eleanor M. Clark,comptroller on Verification of Data Elements in the Multifamily Insured andDirect Loan Information System (MIDLIS-FY 90) Multifamily InsuranceSystem (MFIS-F47).

DATE FOR FINAL CLOSING - HUD Handbook 4440.1, Chapter 1, Paragraph 1-7

DATE FOR COMMENCEMENT OF AMORTIZATION - HUD Handbook4010.1, Paragraph 1-10

DATES (GUIDELINES FOR ESTABLISHING TARGET) - HUD Handbook4010.1, Chapter 6, Figure 6 -3

DATES (COMMITMENT TERMS AND EXTENSIONS) – HUD Handbook4425.1, REV 2, Chapter 2 - 10, Figure 6-3Expiration - HUD Handbook 4415.1 REV CHG 7, Paragraph 1-11Amended Commitment - HUD Handbook 4425.1 REV CHG 7, Chapter 1-20Reissuance of Firm Commitment - HUD Handbook 4425.1 REV, Chapter 1-21

DAVIS BACON ACT - HUD Handbook 4425.1 REV 2, Chapter 3; 3 -9,Requirements for prevailing wages.

DAYCARE FACILITIES - HUD Hand book 4460.1, Chapter 1; 1-4DSection 223(f) HUD Handbook 4565.1 REV-1, Chapter 1; 1-4DAdult Daycare HUD Handbook 4600.1 REV, Chapter 2; 2-7

DEBT SERVICE RATIO - Notice 92-31, Chapter H3

DEBENTURES - registered, transferable securities which are valid and bindingobligations issued in the name of the Mutual Mortgage Insurance Fund.

Claims - Mortgagee Letter 90-321P August 24, 1990 - The FHA Commissionerwill determine the method of payment for insurance claims with respect to currentand future loans, insured by FHA programs. The determination will be based on acomparison of the applicable debenture interest rate with the Treasury borrowingrate.

(PROJECT CONTRUCTION AND SERVICING BEFORE FINALCLOSING) DEFAULT PRIOR TO FINAL ENDORSEMENT –

HUD Handbook 4435.1, rev 1, Chapter 4; 4-6

DEFERMENT OF PRINCIPAL PAYMENTS - HUD Handbook 4435, REV-1CHG 1, Chapter 1-32

DEFICITOperating - HUD Handbook 4425.1 REV CHG 7, Paragraph 1-8Funds to meet deficits- HUD Handbook 4435.1Operating Loss Loan - HUD Handbook 4350.1 Chapter 24, REV 1

DELEGATED PROCESSING - HUD Handbook 4425.1 REV 2, Chapter 4-5DP is designed to delegate processing and preliminary underwriting functionsto selected HUD-approved entities while retaining final underwriting authoritywith the field offices. Services can be provided in five technical disciplines:Architecture and EngineeringCostValuationMortgage CreditUnderwriting

DEPOSITS - HUD Handbook 4410.1 REV- Paragraph 12 Requirements - Handbook 4410.1 REV-2, Paragraph 1-7 Working Capital - HUD Handbook 4425.1 REV 2, Chapter 3-4 D Reserve for Replacement - HUD Handbook 4350.1 Chapter 4

DISCOUNTSAllowable Amounts in Cost Certification - HUD Handbook 4470.1 REV-2, Chapter 11

Allowable Amount in Estimated Replacement Cost – HUD Handbook 4420.1,Chapter 1-4

Certification by Mortgagee at Initial Closing - HUD Handbook 4430.1, Chapter 1-17aDeferred Payment of - HUD Handbook 4430.1, REV 1, Chapter 1-32Purchase or Refinancing - Handbook 4565.1, Notice 92-31, Chapter D2

DISPLACEESPreference of Occupancy

Under-Section 221(d)(3) - HUD Handbook 4560.1, Chapter 1-1 Under Section 221(d)(4) - HUD Handbook 4560.1, Chapter 1-1 Under Section 223(f) - HUD Handbook 4565.1 Chapter 1-1c

DRAWINGS AND SPECIFICATIONS - HUD Handbook 4435.1 REV 1 CHG 2-3,Chapter 2-6D, and 4460.1 REV1, Appendix 1

DOCKETING - HUD Handbook 4010.1 REV-1, Chapter 1, Paragraph 1-4

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EARNED FEES AND PREMIUMS - HUD Handbook 4410.1 REV-2, Chapter 1-6

ELDERLY HOUSING - UNDER SECTION 231 - HUD Handbook 4570.1General - HUD handbook 4570.1Architectural Analysis - HUD Handbook 4570.1, Chapter 2-4Commitment Conditions - Special - HUD handbook 4570.1, Chapter 1-12Cost Analysis - HUD Handbook 4570.1, Chapter 2-2Eligible Mortgagors - HUD Handbook 4570.1, Chapter 1-1

General - HUD Handbook 4570.1, Chapter 2-6Non-profit - HUD Handbook 4570.1, Chapter 2-6a

Land Planning - HUD Handbook 4570.1, Chapters 2-6 and 2-13Mortgage Credit Analysis - HUD Handbook 4570.1, Chapter 1-6Non-profit Projects - HUD Handbook 4570.1, Chapter 1-6

General - HUD Handbook 4570.1, Chapter 1-6fAMPO - HUD Handbook 4570.1, Chapter 1-6Congregate facilities - HUD Handbook 4570.1, Chapter 2-5dConsultants - HUD Handbook 4570.1, Chapter 1-9Construction contract - HUD Handbook 4570.1, Chapter 1-6gOccupancy charges - HUD Handbook 4570.1, Chapter 1-6bSpecial financing provisions - HUD Handbook 4570.1, Chapter 1-6g

Occupancy Preference - HUD Handbook 4570.1, Chapter 1-2cProfit - Motivated Projects - HUD Handbook 4570.1, Chapter 1-10Rehabilitation

Non-profit projects - HUD Handbook 4570.11, Chapter 2-7Profit-motivated projects - HUD Handbook 4570.1, Chapter 2-11

Rent Supplement Assistance - HUD Handbook 4570.1, Chapter 1-1cValuation Analysis - HUD Handbook 4570.1, Chapter 2-5

ELDERLY HOUSING - UNDER SECTION 202 - HUD Handbook 4571.1, REV 2General - HUD Handbook 4571.1, REV 2Bonding - HUD Handbook 4571.1, REV 2, Chapter 7-9Construction Contract - HUD Handbook 4571.1, REV 2 Chapter 7-7Cost Certification Guide - HUD Handbook 4470.2, REV-1Eligibility - HUD Handbook 4571.1, REV 2, Chapter 2Fidelity Bond - HUD Handbook 4571.1, Chapter 7-18Housing Consultant - HUD Handbook 4571.1, Chapter 1-16Inspection Fees - HUD Handbook 7400.1, Chapter 9-4CMinimum Capital Investment - HUD Handbook 4571.1, REV 2, Chapters 5-4b

and 7-14Off-site - HUD Handbook 4571.1, Chapter 7-11Project contingency - HUD Handbook 4571.1, Chapter 5-31d

ELIGIBILITY REQUIREMENTS - HUD Handbook 4420. 1, Chapter 1Immediate Firm Commitment - HUD Handbook 4420.1, Chapter 2-4Mortgages - HUD Handbook 4420.1, Chapter 1-9Mortgagees - HUD Handbook 4420.1, Chapter 1-14Mortgagors - HUD Handbook 4420.1, Chapter 1-5Proposals - HUD Handbook 4420.1, Chapter 1-8

EMERGENCY LOW INCOME HOUSING PRESERVATION ACT(ELIHPA)

NOTICE H 9 4-42, REFERENCESHUD Handbooks 4350.6, 4465.1, 4185.1 and 4350.1, Chapter 13-30Notices 97-11, H 96-89, H 95-56, H 95-32 and H-95-13

ENVIRONMENTAL ACCEPTABILITYGeneral Instructions -HUD Handbook 1390.2HUD Handbook 1390.3HUD Handbook 4425.1 REV 1, Chapter 3-824 CFR Parts 50 and 51Architectural Review - HUD Handbook 4460.1, Chapter 1-7Environmental Procedure - Handbook 4425.1 REV-1 Chapter 2-12FONSI - Joint policy memorandum issued from Stephen Bollinger, ASCPD, and Philip Abrams, ASH on the Procedures for the Optional Use of a

FONSI for Housing Project Normally Requiring the Preparation ofan EIS (40 CFR Section 1501.4(e)(2)(i) and 24CFR Part 50)

Noise - HUD Handbook 1390.2

ESCROWS - HUD Handbook 4440. 1, Chapter 5 -12

EQUAL EMPLOYMENT OPPORTUNITY - HUD Handbook 4425.1 REV 1,Chapter 3-1B; Executive Order 11246 and 41.CFR Part 60

EXCULPATORY LANGUAGE (STANDARD) - HUD Handbook 443 0. 1. REV-1,Chapter 1-20D and Chapter 1-21E

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FAIR HOUSING ACT - HUD Handbook 4425.1 REV 2, Chapter 2-14Affirmative Fair Housing Marketing Plan - Handbook 8025.1 REV-2; 4425.1 REV 2Architectural Barriers Act of 1968 - 24 CFR Part 40, and

Uniform Federal Accessibility StandardsSection 504 of the Rehabilitation Act of 1973Fair Housing Amendments Act of 1988 and Title VIII of the

Civil Rights Act of 1968 - Section 804(b)(3)(c)Final Fair Housing Accessibility Guidelines - Based on ANSI 117.1 1968 Standards;

CFR Part 100 – Discriminatory Conduct Under the Fair Housing Act

FEASIBILITYGeneral - HUD Handbook 4510.1 Chapter 4 and 5-21 and HUD Handbook 4445.1

Chapters 5-13Architectural Requirements - HUD Handbook 4510.1, Chapter 5-4Conference - HUD Handbook 4510.1, Chapter 4Cost Estimation - HUD Handbook 4450.1, Chapter 5Determination of – HUD Handbook 4510.1, Chapter 4Sample Letter - HUD Handbook 4510.1, Appendix 12Processing Criteria

Under Section 221(d)(4) and 221 (d) (4) - HUD Handbook 4560.1, REV 1Under Section 231 - HUD Handbook 4570.1,Substantial Rehabilitation Projects

Valuation Processing - HUD Handbook 4510.1, Chapter 5

FEE APPRAISERS - HUD Handbook 4410.1 REV CHG 7, Paragraph 23

FEES and CHARGESFees, Charges and Premiums - HUD Handbook 4410.1, REV 2 Appendix 3Earned Fees and Premiums - Handbook 4410.1 REV-2, Paragraph 1-6

ApplicationBond - HUD Notice 92-31, Chapter 5-d

CommitmentInspection - HUD Handbook 4425.1 REV CHG 7, Paragraph 1-10Mortgage - HUD Handbook 4420.1, Paragraph 1-4.ReopeningPermanent Placement - HUD Notice 92-31, ChapterTransferPreliminary AnalysisInsurance

Refund of Unearned Fees - HUD Handbook 4410.1 REV-21, Chapter 1-11

FINANCIAL STATEMENTS - HUD Handbook 4470.1 REV-2, Chapter 3

w/change thru 1 included, HUD Notice 92-31, Chapter 2-23f

FIRM COMMITMENT - HUD Handbook 4425. 1, REV 2

FISCAL EXAMINATION - HUD Handbook 4410.1 REV-2, Paragraphs 1-12 & 13

FISCAL PROCEDURES - HUD Handbook 4410.1 REV-2, w/changes thru 2 included

GeneralPEA Fees and Charges

Amount - HUD Handbook 4420.1, Chapter 1-3, w/changes thru 5 includedEarned - HUD Handbook 4410.1, Chapter 17Permissible transfers - HUD Handbook 4410.1, Chapter 14Refunds - HUD Handbook 4410.1, Chapters 21 and 22Reprocessing - HUD Handbook 4410.1, Chapter 16

Project Numbers - HUD Handbook 4410.1General - HUD Handbook 4410.1Composition of Numbers HUD Handbook 4410.1, Chapter 3Number Control Register HUD Handbook 4410.1Changes in - combining or splitting - HUD Handbook 4410.1, Chapter 3Docketing - HUD Handbook.4410.1Designation

Rent Supplement Projects - HUD Handbook 4520.2Rental and Cooperative Housing for Lower Income Families Section 236 Projects -

HUD Handbook 4510.1, w/changes thru 7 includedGeneral - HUD Handbook 4510.1Preliminary reservations - HUD Handbook 4510.1, Chapter 8Project numbers - HUD Handbook 4510.1, Chapter 1Reservation of "set-aside" authority - HUD Handbook 4510.1, Chapter 9

FIRE SAFETY EQUIPMENT (Section 232(i)) - HUD Handbook 4600.2General - HUD Handbook 4600.2, Chapter 1Application - HUD Handbook 4600.2, Chapter 3-1Flood Insurance - HUD Handbook 4600.2, Chapter 1-19Inspection - HUD Handbook 4600.2, Chapter 2-8,Mortgage Credit - HUD Handbook 4600.2, Chapter 3-2Processing Sequence - HUD Handbook 4600.2, Chapter 2Valuation - HUD Handbook 4600.2, Chapter 3-3Wage Requirements - HUD Handbook 4600.2, Chapter 1-13

FLOOD HAZARD AREAS - Underwriting Technology, Direction for ProjectMortgage Insurance HUD Handbook 4425.1 REV 2, 44 CFR Parts 59-79

FLEXIBLE SUBSIDY PROGRAM - (Section 201) HUD Handbook 7400.1,Chapter 8-4E and HUD Handbook 4355.1

FUNDING CONTROL RECORDS - HUD Handbook 7 4 00. 1; Chapter 10

FUNDING AND DISBURSEMENT PROCEDURES – PROJECT FISCALHUD Handbook 4410.1 REV-2, w/Changes thru 2 included, Paragraph 1-15

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GAS & PETROLEUM LINES - Architectural Analysis and Inspections for ProjectMortgage Insurance - HUD Handbook 4460. 1, Chapter 1-4k, REV-2,(w/changes thur 1 included)

GENERAL CONTRACTORS - Underwriting Technology Direction for ProjectMortgage Insurance - HUD Handbook 4425.1 REV-2, Paragraph 3-9

Obligations - Handbook 4420.1, Paragraph 1-15, (w/changes thru 5 included)

GROUP PRACTICE FACILITY - an establishment designed for a medical ordental group. HUD Handbook 4630.1, (w/changes thru 3 included)

GROUP PRACTICE UNIT - a non-profit organization f or the purpose of providingmedical or dental care. HUD Handbook 4010.1, Chapter 1-33 (w/changesthru 10 included)

GROSS ANNUAL INCOME – the total income before taxes and deductions. HUDHandbook 4010.1, Chapter 1-34 (w/changes thru 10 included)

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HANDBOOK REFERENCES -4260.1 – Miscellaneous Type Home Mortgage Insurance, Section 223(a), (e) and (d)4410.1 REV-2 – Project fiscal Procedures4420.1 – Preapplication of Project Mortgage Insurance4450.1 REV-1 – Cost Estimation for Project Mortgage Insurance4460.1 – Architectural Analysis and Inspections Handbook for Project Mortgage

Insurance (Section 207)4465.1 – Valuation Analysis for Project Mortgage Insurance4470.1 – Mortgage Credit Analysis for Project Mortgage Insurance4510.1 – Rental and Cooperative Housing for Lower Income Families4550.1 – Presale – Management Type cooperatives4550.4 – Supplementary Loan Cooperative Housing4550.4 – Sales Type Cooperative Housing4555.1 – Rental Housing in Urban Renewal Areas for Project Mortgage

Insurance, Section 2204560.1 – Section 221(d)(3), Market-Interest-Rate for Project Mortgage Insurance4560.1 – Mortgage Insurance for Single Room Occupancy Facilities4570.1 – Section 231 Housing for the Elderly for Project Mortgage Insurance4571.2 – Section 811 Supportive Housing for Persons with Disabilities4571.3 REV-1 – Section 202 Supportive Housing for the Elderly4571.4 – Supportive Housing for Persons with Disabilities, Conditional

Commitment – Final Closing4571.5 – Supportive Housing for the Elderly – Conditional Commitment –

Final Closing4575.1 – Mortgages Involving Experimental Housing for Project Mortgage Insurance4580.1 - Mortgage Insurance for Condominium Housing Insured Under Section 234© of

the National Housing Act4585.1 – Section 241, Supplemental Loans for Project Mortgage Insurance4590.1 – Military Housing Under Section 810(a) and (g) for Project Mortgage Insurance4590.1 – Housing Finance Agency Risk-Sharing Pilot Program4600.1 – Administrative Procedures for Nursing Homes Intermediate Care Facilities

and Board and Care Homes4615.1 – Supplement to Mortgage Insurance for Hospitals4630.1 – Group Practice Facilities

HIGH COST – HUD Handbook 4425.1 REV-2, Chapter 5, and policymemorandum issued 1/29/92, from Linda D. Cheatham, DirectorOffice of Development on the Annual Base City High Cost PercentageRevision

HOPE 2 – HUD Interim Notice H-92-12 (Homeownership of Multifamily Units)General – Notice H-92-12, Chapter 1

HOSPITAL – HUD Handbook 4615.2 (Section 242)

HOUSING DEVELOPMENT GRANT –Policy memorandum issued 8/3/84 from Maurice Barksdale, ASH on MortgageInsurance Underwriting Considerations for Housing DevelopmentGrant (HDG) Projects.

Policy memorandum issued 4/26/8-5 from Shirley McVay Wiseman, GDASH onFRA Processing in Connection with a Housing development grant (HDG) Project.

HOUSING MANAGEMENTManagement Agreement, Under Section 207 – HUD Handbook 4435.1, Chapter 1-14Rental Schedule – HUD Handbook 4435.1, Chapter 1-15Prohibition against additional charges – HUD Handbook.4435.1, Chapter 1-15e

HUD-HELD MORTGAGES – Policy memorandum issued Philip Abrams,GDAS, H on Policy for Project with HUD-Held Mortgages

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IDENTITY OF INTEREST General - HUD Handbook 4430.1, Chapter 1-10a Allowable Costs in Form INA-2330 HUD Handbook 4440.1, Chapter 5-15 Cost Certification - HUD Handbook 4470.1 REV-2, Chapter 11 Cost Section Review of Contract - HUD Handbook 4450.1, Chapter 6-5 Defined - HUD Handbook 4430.1, Chapter 1-10e Government Agency - HUD Notice 92-31, Chapter 1 Form FRA-3608 - When Required - HUD Handbook 4440.1, Chapter 5-11 b

INCOMECost Certification - HUD Handbook 4470.1 REV-2, Chapter 11Income and Expense Statement - HUD Handbook 4440.1, Chapter 4-3cMandatory Prepayment Due to Excess Income - HUD Handbook 4440.1, Chapter 4-3d, 4446 and HUD Handbook 4470.1 REV-2, Chapter 11Valuation Analysis - HUD Handbook 4465.1

Estimated rental income HUD Handbook 4465.1, Chapter 5Income approach to value HUD Handbook 4465.1, Chapter 4

INITIAL CLOSING - HUD Handbook 4430.1 REV-1

INSPECTIONSGeneral - HUD Handbook 4460.1, REV-2, Chapter 1Annual - HUD Handbook 4460.1, Chapter 4-16Architectural - HUD Handbook 4460.1, Chapter 3Duties of - HUD Inspector - HUD Handbook 4460.1, Chapter 3-4Final - HUD Handbook 4460.1, Chapter 3-16Guarantee Period - HUD 4460.1, Chapter 3-3eSurveys - HUD Handbook 4460.1, Handbook 4460.1, Chapter 3-17Progress Meetings - HUD Handbook 4460.1 REV-2, Chapter 3-3E

INSURANCE -ALTA Policy - Policy memorandum issued from Eliot c. Horowitz, AGC-MMO,

GHM on ALTA Policy in Multifamily Full Insurance ClosingsFHA - HUD Handbook 4440.1, Chapter 5-logLiabilityPremiums - HUD Handbook 4410.1 REV, Paragraph 25Property and Casualty - HUD Handbook-4440.1, Chapter 5-10f

INSURANCE UPON COMPLETION - HUD Handbook 4470.1 REV-2 CHG 1,Chapter 10Analysis of Financial Statements and Credit Investigation - Chapter 10-1Assurance of Completion - Chapter 10-4

Breakdown of Financing Charges - Chapter 10-5Building Loan Agreement – Chapter 10-6Construction Change orders - Chapter 10-7MIP - Chapter 10-2

INTEREST RATE - HUD Handbook 4420. 1, Paragraph 1-12

INTEREST RATE (THREE TIER) - HUD Handbook 442 5. 1 REV CHG 7

INTEREST SHORTFALL ESCROW - HUD Handbook 4425.1 REV CHG 7

INTIRGOVERNMENTAL REVIEW REQUIREMENTS - HUDHandbook 4.425.1 REV 1, Chapter 2-16Single Point of Contact - HUD Handbook 4400.1 REV-1; HUD

Handbook 4425.1 REV 1

INTERMEDIATE CARE FACILITIES - a proprietary facility providingminimum but continuous care to residents.

HUD Handbook 4600.1 REV-1General - HUD Handbook 4600.1 REV-1, Chapter 1Application Requirements - HUD Handbook 4600.1 REV-1, Chapter -4Application Stages - HUD Handbook 4600.1 REV-1, Chapter 3-1Architectural Analysis and Inspection - HUD Handbook 4600.1 REV-1, Chapter 5Cost Analysis - HUD Handbook 4600.1, REV-1, Chapter 6Economic & Market Analysis - HUD Handbook 4600.1, REV-1, Chapter 9-1Grants/Loans - HUD Handbook 4600.1, REV-1, Chapter 12Loan Closing - HUD Handbook 4600.1, REV-1, Chapter 10Mortgage Credit - HUD Handbook 4600.1 REV-1, Chapter 8Property and Mortgage Eligibility - HUD Handbook 4600.1 REV-1, Chapter 2Special-Features - HUD Handbook 4600.1 REV-1, Chapter 11Valuation Processing - HUD Handbook 4600.1 REV-1, Chapter 7

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LAMP- (Level Annuity Monthly Payment) - HUD Handbook 4425.1 REV-1,Chapter 3, Chapter 3-5b.

LAND DEVELOPMENT - the process of making, in stalling, or constructingimprovements. HUD Handbook 4010.1, Chapter 1-44First Advance - HUD Handbook 4470.1 REV-2, Chapters 8-1, 9-1PlanningGeneralUnder Section 231Valuation Analysis

LEAD-BASED PAINT - HUD Handbook 4460.1, Chapter 1-4

LEASEHOLDSGeneral - HUD Handbook 4420.1, Chapter 1-17 HUD Handbook 4430.1 REV-1, Chapter 1-11

Sections 207, 2130 220 and 231 - HUD Handbook 4430.1 REV-1, Chapter 1-11b,Sections 221(d) and 236 - HUD Handbook 4430.1 REV-1, Chapter 1-11cSection 232 - HUD Handbook 4430.1, REV-1, Paragraph 1-11dSection 242 - HUD Handbook 4430.1, REV-1, Paragraph 1-11e

LEGAL AND ORGANIZATTONAllowable Amount - HUD Handbook 4480.1Cost Certification - HUD Handbook 4470.1 REV-2, Chapter 11

LETTER OF CREDITAssurance of Completion - HUD Handbook 4430.1, Chapter 1-12eOperating Deficit - HUD Handbook 4430.1, Chapter 1-20, 1-28, 1-29

LIENS - HUD Handbook 4430.1 REV, Paragraph 1-20c, Appendix 2-1c REV-1,Chapter 1-20c

LIMITED DISTIBUTION MORTGAGOR - a mortgagor corporation restrictedby law as to the distributions of income. HUD Handbook 4010.1, Chapter 1-48

LIQUIDATED DAMAGESConstruction Contract - HUD Handbook 4430.1

Determination of amount - HUD Handbook 4430.1, Chapter 1-14,HB 4435.1 REV-1, Chapter 1-8

LOAN - an advance of funds or credit evidenced by a note secured by a securityinstruments. HUD Handbook 4010.1, Chapter 1-49

LOCAL GOVERNMENT – any political subdivision of any StateHUD Handbook 4010.1, Chapter 1-50, 1-24, 1-30, 1-51, 1-52, 1-55, 1-70, 1-100.

LOCKOUTS - HUD Handbook 4430.1 REV-1, Paragraph 1-21c MortgageeLetter 87-9, dated 2/20/89

LOW INCOME HOUSING TAX CREDITS (LIHTC)Notice 92-97 – Processing HUD Insured Projects Involving Low Income Housing Tax CreditsNotice 97-12 – Mixed-Income Housing underwriting GuidelinesHUD Handbook 4470.1 – Chapter 18Mortgage Credit Analysis for Project Mortgage InsuranceHUD Handbook 4470.2 – Chapter 7Cost Certification Guide for Mortgagors and Contractors of HUD-Insured and Section202/811 Multifamily Projects, dated 4/9HUD Handbook 4350.1 – ReservedMultifamily Asset Management and Project ServicingHUD Handbook 4350.6 – Chapter 12, CHG-4Processing Plans of Action Under the Low

LOW INCOME HOUSING TAX CREDIT COMBINED WITHHUD AND OTHER GOVERNMENT ASSISTANCE - Administrative

Guidelines - Federal Register – February 25, 1994Subsidy Layering - Notice 95-4 (Being Revised)

LOW INCOME HOUSING PRESERVATION AND RESIDENTHOMEOWNERSHIP (LIHPRHA) - Notice H 94-42; H 95-56

REFERENCESHUD Handbooks 4360.6, 4465.1, 4185.1 and 4350.1Notices 91-29, H 92-11, H 92-54, H 93-31 and H-93-94, 95-56, 93-73Title II Processing InstructionsTitle VI Processing Instructions

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MANAGEMENT DECISIONS - Policy memorandum issued 3/2/90from C. Austin Fitts, ASH on Delegation of Multifamily Management Decisions.

MANAGEMNENT PROJECT - a project owned by a mortgagor, nonprofit cooperativeownership housing corporation or trustee which restricts permanent occupancy of theprojects to the members of the corporation or to the beneficiaries of the trustRequirements - HUD Handbook 4435.1 REV 1, paragraph 2-1

MARKETABILITY- HUD Handbook 4425.1 REV 1, Chapter 3-6Obligation and Responsibility - HUD Handbook 4425.1 REV-1, Chapter 3-6a AND4425.1 REV-2, Chapter 4-1c.

MINIMUM PROPERTY STANDARDS - the requirements and indicated codesdefining the minimum level of quality acceptable to HUD during the valuation process,design considerations, project eligibility and valuation analysis for insurance.HUD Handbook 4910.1 Community Water Supply Systems - HUD Handbook 4940.2Design Standards for community Beverage Systems – HUD Handbook 4940.3, REV-1

Semi-private Swimming Pools and Wading Pools - HUD Handbook 4940.1

MILITARY HOUSING (SECTION 801) - Policy memorandum issued 1/24/86 fromJames L. Hamerick, Director of Development on Mortgage Insurance for Section 801Military Housing Projects. HUD - Notice 97-53, 4700.1 REV-1, Chapter 2-13c

MILITARY IMPACT AREAS - HUD Handbook 4560.1 REV; Notice 97-53

MIPS - Replaced by the new system currently being developed “DAP” HUD - 4565.1Chapter 1-1, 1-5, 3-2D, 3-1B, 4-2I, 4-4D

MORTGAGE - HUD Handbook 4425.1 REV 1, Chapter 3-5See "Projects"Amounts and Economic Factors - HUD Handbook 4435.1, Paragraph 1-15Amortization schedule - Requisition For - HUD Handbook 4440.1, Chapter 10-1Balance - HUD Handbook 4435.1, REV-1, Chapter 1-17c; 1-24b, 4-5k, 4-8bCovenants - HUD Handbook 4425.1 REV 1, Chapter 3-5cDecreases- Reprocessing to Avoid at Final ClosingEligible Equipment includable - General - HUD Handbook 4460.1, Chapter 1-4iEligible Mortgages - General-HUD Handbook 4425.1, Chapter 3-5

Under Section 207 HUD Handbook 4420.1, Chapter 1-9Under Section 221(d).(3)MR - HUD Handbook 4560.1,

Chapter 1-1Under Section 223(f) - HUD Handbook 4565.1 REV-1, Chapter 1-1Under Section 231 - HUD Handbook 4570.1 non-profit projects - HUD Handbook 4570.1, Chapter 1-1 thru 1-9Profit-motivated projects - HUD Handbook 4570.1, Chapter 1-10 thru 1-13

Excess Mortgage Proceeds - HUD Handbook 4440.1, Chapter 6-2, Chapter 11-21 Handbook 4470.1 REV-2, Chapter 8-8D,1g and 8-8EIncreases - Prior to Final Endorsement - HUD Handbook 4435.1, Paragraph 1-7Increases - After Initial Closing - HUD Handbook 4435.1, Chapter 1-31Insurance Premiums - HUD Handbook 4425.1 REV 3-5d,Level Annuity Monthly Payment Plan - SUD Handbook 4425.1 REV-1, Chapter 3-5bMaximum Insurable Mortgage - HUD Handbook 4440.1, Chapter 6-1Maximum Interest Rate - HUD Handbook 4425.1 REV 1, Chapter 3-5Securities - HUD Handbook 4430.1 REV, Paragraph 1-21b 4

MAXIMUM INSURABLE MORTGAGE - HUD Handbook 4440. 1, Chapter6-1, Handbook 4470.1, REV-2, Chapter 11-12

GeneralMortgage credit processing - HUD Handbook 4470.1Prepayment Requirements - HUD Handbook 4430.1, REV-1, Chapter 1-21bCost certification - HUD Handbook 4470.1, Chapter 11, HUD Handbook

4435.1, REV-1, Chapter 3-13Mandatory - where there is excess income during accountability period - HUD

Handbook 4440.1, Chapters 4-5 and 4-6Provisions - Modifying MM Form - HUD Handbook 4430.1, HUD Handbook 4430.1

REV-1, Chapter 1-7; 1-8c, 1-100, H.1; 1-15a-b

MORTGAGE CREDIT ANALYSIS - HUD Handbook 4470.1 R.EV-2, Chapter 1-3General - HUD Handbook 4470.1 REV.-2, Chapter 1-1Advances - (Processing of) - HUD Handbook 4470.l REV-2, Chapter 8Amount and Amortization Period of Loan - HUD Handbook 4470.1 REV-2,

Chapter 4-1Assurance and Advance for Offsite Facilities - HUD Handbook 4470.11 REV-2, Chapter 7Bond Financed Projects - HUD-Handbook 4470.1 REV-2, Chapter 15Construction Changes - Processing - HUD Handbook 4470.1 REV-2, Chapter 9

HUD Handbook 4435.1, Chapter 1-8Cost Certification - General - HUD Handbook 4470.1 REV-2, Chapter 11Credit Investigation - HUD Handbook 4470.1 REV-2, Chapter 2-1Credit Risk Factors - HUD Handbook 4470.1 REV-2, Chapter 1-2Equity Loan obligations - HUD Handbook 4470.1 REV-2, Chapter 3-11Financial Statements - HUD Handbook 4470.1 REV-2, Chapter 3-2Financial Requirements for Closing - HUD Handbook 4470.1 REV-2, Chapter 5Financial Requirements for Completion - HUD Handbook 4470.1 REV-2, Chapter 4-5Grants/Loans - HUD Handbook 4470.1 REV-2, Chapter 16Interest Rates - HUD Handbook 4470.1 REV-2, Chapter 5-2Letters of Intent/or Credit - HUD Handbook 4470.1 REV-2, Chapter 3-9

Permanent Financing - HUD Handbook 4470.1 REV-2, Chapter 5-1Operating Loss Loans - HUD Handbook 4470.1 REV-2, Chapter 17Project Servicing Prior to Final Endorsement -SAMA Stage - HUD Handbook 4470.1 REV-2, Chapter 14-4Secondary Financing Limitation - HUD Handbook 4470.1 REV-2, Chapter 16-6Promissory Notes - HUD Handbook 4470.1 REV-2, Chapter 12Sponsors - Acceptability - General Under:

Section 207 - HUD Handbook 4470.1 REV-2, Chapter 1Section 221 (d)(3) MRSection 221 (d) (4), Chapter 23; Chapter 14Section 231, Chapter 24, ReservedSection 202, HUD Handbook 4571.1, Chapter 2

Subsidy Layering - HUD Handbook 4470.1 REV-2, Chapter 18Substitute Mortgagor - HUD Handbook 4470.1 REV-2, Chapter 1)Tax Credits - HUD Handbook 4470.1 REV-2, Chapter 18Waivers - HUD Handbook 4470.1 REV-2, Chapter 1-4

MORTGAGEE –Approval of Mortgagee – HUD Handbook 4060.1 REV-1Discounts:

HUD Handbook 4430.1 REV-1, Chapter 1-30HUD Handbook 4470.1 REV-2, Chapter 11 - 10H4a

Fees and Charges:HUD Handbook 44 10. 1 REV, Appendix 3HUD Handbook 4420.1, Chapter 1-4

HUD-Approved Lenders (Website Address):http://www.hud.gov/Iendersl.htmI

Late Charges:HUD Handbook 4430.1, Chapter 1-21DHUD Handbook 4566.2, Chapter 2-2

Lender Guide for Small Project Processing (SPP) - Notice H97-04Loan Correspondent:

HUD Handbook 4060.IREV-1, Chapters 3-4 & 4-9HUD Handbook 4350.4, Chapter 1-2e

Prescreening by Mortgagee -- HUD Handbook 4470. 1 REV-2, Chapter 2-2Relationship with HUD:

HUD Handbook 4350.IREV-1, Chapter 1-9HUD Handbook 4350.4, Chapter 1-12

Relationship with Mortgagor -- HUD Handbook 43 50. 1 REV- 1, Chapter 1-10Responsibilities Pending Assignment of Mortgages – Mortgagee Letter 91-17

dated March 20, 1991 - requires mortgagees to take all actions to protect theSecretary's interest, including seeking and assuming mortgagee-in-possessionstatus in cases of abandonment, waste of assets or equity skimming

Role in Processing Insured Advances - HUD Handbook 4470. 1 REV-2, Chapter 8-2D)

MORTGAGE INSURANCE PREMIUMSGeneral:

HUD Handbook 4410.1 REV-2, Chapters 1-5 and 1-6HUD Handbook 4425.1 REV-2, Chapter 3-5D)

Processing Instructions - HUD Handbook 4470. IREV-2,Chapters 8-8C4 & 10-2

Risk-Sharing Projects:HFA HUD Handbook 4590.IREV-1, Chapter 9QPE Notice H 95-25, Paragraph 1 -1

Small Projects Processing (SPP) - Notice H-97-04

MORTGAGORSSee "Sponsors"Acting as General Contractor -- 4470. REV-2, Chapter 11-10A7Allowable Cost

HUD Handbook 4470.1 REV-2, Chapter 11 - 10HUD Handbook 4470.2REV- 1, Chapters 4 & 5

Allowable Profit - 50/75 Percent Rule:HUD Handbook 4470.1 REV-2, Chapter 11 - 10NHUD Handbook 4450.1 REV-1, Chapter 6-6

Bond Financed ProjectsHUD Handbook 4470.1 REV-2, Chapter 15HUD Handbook 4470.2REV- 1, Chapter 6

Control of Mortgagor - HUD Handbook 4420. 1, Chapter 1-6Cost Certification Guide for Mortgagors - HUD Handbook 4470.2REV- IEquity Investment, Determination of

HUD Handbook 4370.lREV-2, Chapters 2-23C & 2-25BHUD Handbook 4370.4REV-1, Chapter 2-1HUD Handbook 4440.1, Chapter 6-3HUD Handbook 4465.1, Chapters 7-5 & 7-6HUD Handbook 4470.IREV-2, Chapters 3-10 & 11-12B

Eligible Mortgagors UnderSection 106(b) - HUD Handbook 4535.3REV-1, Chapter 1-4 (inactive)Section 202 - HUD Handbook 4571.3REV-1, Chapter 1-4Section 207 - HUD Handbook 4420.1, Chapter 1-5

Mobile Home Parks - Handbook 4545.1 REV, Chapter 1-3Section 213 - HUD Handbooks 4550. 1, Chapter I - 10

4550.2, Chapter 1-14550.3, Chapter 1-24550.4, Chapter 1-34550.5, Chapter 1-14550.6, Chapter 1-1

Section 220 - HUD Handbook 4555.1, Chapter 1-6Section 221 (d) - HUD Handbook 4560.1 REV- 1, Chapter 2

SRO - HUD Handbook 4560.3, Chapter 2Section 223(a)(7) - HUD Handbook 4567.1, Chapter ISection. 223(f) - HUD Handbook 4565. 1 REV- 1, Chapter 1-2Section 231 - HUD Handbook 4570. 1, Chapter I -ISection 232 - HUD Handbook 4600. 1 REV- 1, Chapter 2-4

Section 234(d) - HUD Handbook 45 80. 1, Chapter 1-2Section 236 - HUD Handbook 45 10. 1, Chapter 2-9 (inactive)Section 241 - HUD Handbook 45 85. 1, Chapter 1-1Section 542(b) - Notice H-95-25Section 542(c) - HUD Notice 45 90. 1, Chapter 2-7Section 811 - HUD Handbook 4571.2, Chapter 1-4Coinsurance for Mortgage Lenders - HUD Handbook 45 66. 1, Chapter 2 (inactive)Rent Supplement Projects - HUD Handbook 4520. 1, Chapter 2-2 (inactive)

Excess ProceedsHUD Handbook 4435.IREV-1, Chapter 1-23HUD Handbook 4440.1, Chapters 6-2 & 11-21HUD Handbook 4470.IREV-2, Chapters 7-3 & 11-14

Fees and ChargesHUD Handbook 4420.1, Chapter 1-3HUD Handbook 4425.1 REV-2, Chapter 2-4

Identity-of-InterestHUD Handbook 4430.IREV-1, Chapter 1-15BHUD Handbook 4470.1 REV-2, Chapter I 1 -1 OA4HUD Handbook 457 1. 1, Chapter 7-7eHUD Handbook 4571.2, Chapter 1-11 CHUD Handbook 4571.3, Chapter 1-11 CMemorandum dated Nov. 8,1988 from Asst. Sec. Thomas T. Demery onIdentity of Interest Transactions in the Section 202 Program

Limited Liability Companies and Partnerships, As - Notice H 95-66Natural Persons, As - Notice H 95-66, Paragraph F3Obligations of Mortgagors

HUD Handbook 4420.1, Chapter 1-7HUD Handbook 4425.1 REV-2, Chapter 3-4

Tax Credits:HUD Handbook 4430.IREV-1 Chapter 1-42HUD Handbook 4470.1 REV-2, Chapter 18HUD Handbook 4470.2REV-1, Chapter 7Notice H 92-97

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NOISE ABATEMENT – HUD Handbook 1390.2, Chapter 3 HUD Handbook 4460.1, REV-2, Chapter 1-4N

NONPROFIT SPONSOR/MORTGAGOR/OWNER General - HUD Handbook 4470.1 REV-2, Chapter 14

Notice H 96-63Notice H 96-102 (Sections 202 & 811)

Section 202 - HUD Handbooks 4571.I REV-2; 4571.3 REV-1 & 4571.5Section 221(d) - HUD Handbook 4560. 1REV- ISection 231 - HUD Handbook 4570.1Section 811 - HUD Handbooks 4571.2 & 4571.4

NONREALTY ITEMS - HUD Handbook 4440. 1, Chapter 4-2;HUD Handbook 4571.4, Chapter 6-5; 4571.5, Chapter 6-6

NURSING HOMES –General - HUD Handbook 40 10. 1, Chapter 1-69

HUD Handbook 4600.1 REV- 1, Chapter IApplication Requirements - HUD Handbook 4600.1 REV-1, Chapter 4Application Stages - HUD Handbook 4600.1REV-1, Chapter 3-1Architectural Analysis and Inspection - HUD Handbook 4600.1 REV- 1, Chapter 5Cost Analysis - HUD Handbook 4600. 1 REV-1, Chapter 6Economic & Market Analysis - HUD Handbook 4600.1 REV-1, Chapter 9-1Grants/Loans - HUD Handbook 4600.1 REV-1, Chapter 12Licensure, Underwriting & Development Processing - Notice H 97-1Loan Closing - HUD Handbook 4600.1 REV- 1, Chapter 10Mortgage Credit - HUD Handbook 4600. 1 REV-1, Chapter 8Property and Mortgage Eligibility - HUD Handbook 4600.1 REV-1, Chapter 2Special Features - HUD Handbook4600.1REV-1, Chapter 11State Certification Requirements – HUD Handbook 4600.1 REV-1, Chapter 2-2B and

Notice H 88-28Valuation Processing - HUD Handbook 4600.1 REV-1, Chapter 7Notice H97-01 Issues Related to Licensure, Underwriting and Development –

Processing of Nursing Homes, Board & Care Homes and Assisted Living Facilities

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OCCUPANCYGeneral - HUD Handbook 4350.3

HUD Handbook 4420.1, Chapter 1- 16Basic Requirements Under:

Section 207 - HUD Handbook 4420.1, Chapter 1-16Section 221 (d)(3) MR – HUD Handbook 4560.1 Rev-1, Chapter 2-11Section 221(d)(4) – HUD Handbook 4560.1 Rev-1, Chapter 2-11Section 231

non-profit projects - HUD Handbook 4570.1 Rev, Chapter 1-2profit-motivated projects - HUD Handbook 4570.1 Rev, Chapter 1-10b

Tax Exempt Bonds – HUD Handbook 4430.1 Rev-1, Chapter 1-41Low Income Housing Tax Credits – HUD Handbook 4430.1 Rev-1,

Chapter 1-42Section 202 – HUD Handbook 4571.5, Chapter 4-14Section 811 – HUD Handbook 4571.4, Chapter 4-14Rent supplement projects – HUD Handbook 4350.3, Chapter 2

ChargesSection 231 elderly projects - HUD Handbook 4570.1 Rev, Chapter 1-66

Request to Occupy - HUD Handbook 4435.1 CHG 4, Chapter 1-13Section 811 – HUD Handbook 4571.4, Chapter 4-11Section 202 – HUD Handbook 4571.5, Chapter 4-11

.OFFSITE FACILITIESDuring construction - HUD Handbook 4435.1 Rev-1, Chapter 1-7General - HUD Handbook 4470.1 REV-2, Chapter 7; HUD Handbook

4450.1 Rev-1, Chapter 4-5Changes to Off-Site Construction - HUD Handbook 4435.1 REV-1, Chapter 1-10Components Stored Offsite – HUD Handbook 4435.1, Paragraph 1-6

HUD Handbook 4460.1 Rev-2, Chapter 3-7BHUD Handbook 4571.4, Chapter 4-1B.7HUD Handbook 4571.5, Chapter 4-1B.7

Materials Stored Offsite – HUD Handbook 4571.4, Chapters 3-8 and 4-1B16HUD Handbook 4571.5, Chapters 3-8 and 4-1B6

Insurance Upon Completion – HUD Handbook 4435.1 REV-1, Chapter 2-8Payment for Off-Site Facilities - HUD Handbook 4435.1 REV-1, Chapter 1-6E; 4571.5,

Chapter 4-4; 4571.4, Chapter 4-4Disbursement from Escrow Deposits - HUD Handbook 4470.1 REV-2, Chapter 7-2Disbursement from Excess Mortgage Proceeds - HUD Handbook 4470.1 REV-2,

Chapter 7-3Cost Certification – HUD Handbook 4470.2 REV-1, Chapter 4-2Q3; 4470.1 REV-2;Chapter 11-10K

Assurance of Completion General Requirements – HUD Handbook 4430.1 REV-1,Chapter 1-18; HUD Handbook 4550.2, Chapters 4-17 and 5-12 (Coop)

Final Advance - Processing Where Incomplete - HUD Handbook 4440.1,Chapters 3-2, 3-6 and 11

Assurance of completion – General Requirements HUD Handbook 4430.1 Rev-1Chapter 1-18

Assurance of Installation – HUD Handbook 4470.1 Rev-2 CHG1, Chapter 7-1Disbursement from Escrow Deposits – HUD Handbook 4470.1 Rev-2 CHG1,

Chapter 7-3Disbursement from Excess Mortgage proceeds – HUD Handbook 4470.1 Rev-2

CHG1, Chapter 7-3Improvements – HUD Handbook 4430.1 REV-1,Chapter 1-18; 4571.4, Chapter 3-11Inspections – HUD Handbook 4460.1, Chapter 3-4gIncomplete Offsite Facilities – HUD Handbook 4440.1, Chapter 11-9;

4550.2, Chapter 6-6 (COOP)Offsite Utilities – HUD Handbook 4440.1, Chapter 3-7

ON-SITE FACILITESAssurance of Completion – General Requirements – HUD Handbook 4430.1 Rev-1,

Chapter 1-17Incomplete Onsite Facilities – HUD Handbook 4440.1, Chapter 3 and 11-8Materials Stored Offsite (Payments) – HUD Handbook 4460.1 Rev-2, Chapter 3-7A

OPERATING DEFICITAssurance of Funds - HUD Handbook 4430.1 Rev-1, Chapter 1-28Prior to Final Closing - HUD Handbook 4435.1 Rev-1, Chapter 1-29Initial Closing - General Requirements - HUD Handbook 4430.1 Rev-1,

Chapter 1-28Valuation Analysis - HUD Handbook 4465.1, Chapter 1-4fWaiver – Policy, HUD Handbook 4430.1 Rev-1, Chapter 1-28C

Insurance upon completion - HUD Handbook 4440.1, Chapter 11-13Escrow (Asset Management) – HUD Handbook 4350.1 Rev-1, Chapter 28-2

OPERATING LOSS LOAN (Asset Management) – HUD Handbook 4350.1 Rev-1,Chapter 24Eligibility Under:

Section 207 - HUD Handbook 4425.1, REV-1Section 221 (d)(3) MR - HUD Handbook 4560.1, REV-1Section 221(d)(4) - HUD Handbook 4560.1, REV-1Section 231 - HUD Handbook 4570.1, Chapter 2-13

Mortgage Credit Processing - General - HUD Handbook 4470,1 REV-2, Chapter 17

OVER AND ABOVE MONEYDeposit at Final Closing - Where mortgage proceeds are

Insufficient - HUD Handbook 4470.1 REV-2 CHG1, Chapter 3-7Use Prior to Advance of Mortgage Proceeds - HUD Handbook 4435.1, Chapter 1-1

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PARTICIPANTS - HUD Handbook 4430.1 Rev-1, Chapter 1-3

PERFORMANCE AND PAYMENT BONDS - HUD Handbook 4430.1Rev-1, Chapter 1-17

PREPAYMENT PLANS - HUD Notice 92-31, Chapter F.6 policy memorandumissued 3/19/91 from Arthur J. Hill, ASH on Freedom of Information Act Requests(FOIA) for Prepayment Plans of Action Policy memorandum issued from Thomas T.Demery ASH on Prepayment of HUD-Insured Mortgage by an Owner of Low IncomeHousing. HUD Handbook 4350.1 Rev-1, Chapter 22 and 13-2; Handbook 4430.1Rev-1, Chapter 1-21B

PERMISSION TO OCCUPY - GENERAL - HUD Handbook 4435.1 Rev-1,Chapter 1-11; Section 811 4571.4, Chapter 4-11; Section 202 4571.5, Chapter 4-11

PLANS AND SPECIFICATIONS – Submission of Different Plans - HUDHandbook 4410.1 REV, Chapter 1-10

Final Contract Drawings – HUD Handbook 4460.1 Rev-2, Chapter 2-7Band Chapter 4-9

PLEDGES PRIOR TO FULL DISBURSEMENT - HUD Handbook 4430.1 Rev-1,Chapter 1-28;Preapplication Conference – HUD Handbook 4425.1 Rev-2, Chapter 4-1A; 4420.1

CHG, Chapter 2-3

PREVAILING WAGES - see constructionDavis Bacon Act - HUD Handbook 4565.1 REV-1, Chapter 4-1; 4425.1 Rev-2,

Chapter 3-4; 4435.1 Rev-1, Chapter 1-4ASection 811 - HUD Handbook 4571.4, Chapter 2-12A.1Section 202 - HUD Handbook 4571.5, Chapter 2-12A.1

PREVIOUS PARTICIPATION REVIEW AND CLEARANCEPROCEDURE – HUD Handbook 4065 Rev-1HUD Handbook 4425.1, REV 2, Chapter 2-12;HUD Handbook 4420.1 CHG -5, Chapter 1-5

Field Office Processing Instructions - Handbook 4065.1,Rev-1, Chapter 2

Headquarters Processing - Handbook 4065.1 Rev-1, Chapter 3Rights of Principals - Handbook 4065.1 Rev-1, Chapter 4

Principal - HUD Handbook 4420.1, Chapter (1-5) f

Review Process - Policy memorandum issued 7/13/87 from Thomas T.Demery, ASH on Automation of the Previous Participation ReviewProcess

Administrative Sanctions – HUD Handbook 4065.1 Rev-1, Chapter 5-1

PRIVACY ACT - HUD Handbook 4065.1 Rev-1, Chapter 5-2 HUD Handbook 4470.1 Rev-2 CHG1, Chapter 2-9

PROCEEDS – General - HUD Handbook 4435.1 Rev-1, Chapter 1-15 thru 1-21 Release of Holdback of Mortgage

Section 811 - HUD Handbook 4571.4, Chapter 4-3Section 202 - HUD Handbook 4576.5.1, Chapter 4-3

PROCESSING INSTRUCTIONS UNDER TITLE VI - HUD Notice 92-54General - HUD Handbook 4350.6, Chapter 1, Processing Plans of Action underLow-Income Housing

PROCESSING PLANS UNDER TITLE 11 - HUD Notice 92-87 providesinstructions' to process Section 2.41(f) loan applications under Title II.

PROJECTS See”Mortgage”Eligible Proposals

Section 207 - HUD Handbook 4400.1 CHG, Chapter 4-3Section 221 (d)(3) MR - HUD Handbook 4560.1 Rev-1Section 221(d)(4) - HUD Handbook 4560.1 Rev-1Section 231 - HUD Handbook 4570.1 Rev-1Section 202 - HUD Handbook 4571.3

Section 811 - HUD Handbook 4571.2 Chapter 1-7B General - HUD Handbook 4425.1 Rev-2, Chapter 3-7A

PROJECT CONTINGENCY – Section 811 - HUD Handbook 4571. 4,Chapter 4-2; Section 202 - HUD Handbook 4571.5, Chapter 4-2;Chapter 5-32d

PROJECT PROCESSING STAGES - HUD Handbook 4425.1 REV 2,Chapter 4; 4420.1 CHG, Chapter 2Section 202 - HUD Handbook 4571.5, Chapters 1and 2Section 811 - HUD Handbook 4571.4, Chapters 1and 2

PROJECT NUMEBERS - HUD Handbook 4410. 1, Chapter 1Deviations - Chapter 1-1Composition (List of Suffix Letters) - Chapter 1-2Changes - Chapter 1-3Section 811 - HUD Handbook 4571.2, Chapter 3- 2

Section 202 - HUD Handbook 4571.3 Rev-1, Chapter 3- 2

PROJECT PROCESSING - HUD Handbook 4425.1 REV-1, Chapter 4Section 202 - HUD Handbook 4571.5, Chapters 1and 2Section 811 - HUD Handbook 4571.4, Chapters 1and 2

PROJECT UNDERWRITING - HUD Handbook 4425.1 REV-1, Chapter 2-2General - HUD Handbook 4425.1 REV-1, Chapter 2-1Application Stages - HUD Handbook 4425.1 REV-1, Chapter 2-2Changes in Proposals – HUD Handbook 4425.1 REV-1, Chapter 2-3Reducing Underwriting Risks – Notice H93-23 and H91-39

Also see “Project Processing”

PROMISSORY NOTES - HUD Handbook 4470.1 REV-1 CHG 1, Chapter 12Section 811 - HUD Handbook 4571.2, Chapter 3CSection 202 - HUD Handbook 4571.3 Rev-1, Chapter 1-7C.3

PROPERTY - see "Leaseholds”Acceptability for Development - HUD Handbook 4425.1, R02Analysis and Appraisal - HUD Handbook 4465.1, Chapter 1-8Eligibility - General - HUD Handbook 4425.01, R02, Chapter 1Feasibility Processing

Cost analysis - HUD Handbook 4450.1, Chapter 2-3Valuation analysis - HUD Handbook 4465.01, Paragraph 1-4

PROPERTY AND DEVELOPMENT REQUIREMENTS - HUD Handbook4425.01 R02, Paragraph 3-7Development - HUD Handbook 4420.01, Chapter 1-18

PROPERTY INSURANCE REQUIREMENTSGeneral - HUD Handbook 4420.01Final Advance - Review Prior to Approval of - HUD Handbook 4470.1 R02,

Chapter 8-13Final Closing - Review Prior to - HUD Handbook 4435.1, Chapter 1-18Initial Closing - Preparation of Schedule and Requirements - HUD Handbook

4430.01, Chapter 1-19

PROPOSALS - HUD Handbook 4425.01 R02Changes - HUD Handbook 4425.01 R02, Paragraph 2-3

PURCHASING COOPERATIVE - the mortgagor of a Management Projectwhich has purchased the project from the mortgagor of an Investor Project. HUDHandbook 4010.1, Chapter 1-81

PURCHASE TRANSACTIONS - HUD Notice 92-31, Paragraph 3(Extension Notice Expired 3-31-98)

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RECERTIFICATION - HUD Handbook 4350.3, Chapter 5

REFUNDS - HUD Handbook 4410.1, REV-2

REFINANCING - Section 223(a)(7) - Refinancing of existingHUD-Insured mortgages

HUD Handbook 4567.1; Handbook 4565.1Notice H 93-89; 94-90 (Extension of Notice 93-89 Expired 11-30-95)H 95-102 (Extensions of Notice 94-90 expired 11-30-96)Mortgagee Letter 94-0017Processing Instructions Expedited - Notice H 94-56

REGULATORY AGREEMENT - HUD Handbook 4430.01 R01, Paragraph 1-24

REHABILITATIONApplication Exhibits - HUD Handbook 4425.1 REV-2, Chapter 4-4Contingency ReserveEligible Projects

Section 207 - HUD Handbook 4425.1Section 221 (d)(3) - MRHUD Handbook 4560.1, REV-1, Chapter 2-3Section 221(d)(4) - HUD Handbook 4560.1, Chapter 2-3Section 231 - HUD Handbook 4570.1, Chapters 2-7E and 2E-7f

Interest During Construction - Calculation of - HUD Handbook 4465.1, Chapter 10-7Land Draw - First Advance - HUD Handbook-4465.1, Chapter 10-6Replacement Reserve - HUD Handbook 4445.1, Chapter 5-10Urban Renewal Areas - HUD Handbook 4465.1, Chapter 10Valuation Processing - Generally

RENT SUPPLEMENT ASSISTANCEHUD Handbook 4520.1 – This handbook is no longer applicable to the Rent SupplementProgram.

New Rent Supplement Contracts are no longer available. The program was suspendedunder the housing suibsidy moratorium of January 5, 1973.

Pursuant to CFR 200.1301, any existing Rent Supplement Assistance will continue to begoverned by 24 CFR, Part 215.

TenantsEligibility for Assistance – HUD Handbook 4350.3, Chapter 2-1Income Limitations – HUD Handbook 4350.3, 2-15c.

Recertification of Income – Chapter 5

RENTAL AND COOPERATIVE HOUSING - HUD Handbook 4510. 1General - HUD Handbook 4510.1, Chapter 1Adjustments in Rents - HUD Handbook 4510.1, Chapter 2-16AMPO - HUD Handbook 4510.1, Chapter 2-11Architectural Analysis - HUD Handbook 4510.1; Chapter 5, Section 1Cost Estimation - HUD Handbook 4510.1, Chapter 5, Section 1Condominium - HUD Handbook 4510.1, Chapter 5, Section 4Congregate - HUD Handbook 4510.1, Chapter 9, Section 2Contract Authority - HUD Handbook 4510.1, Chapter 3Construction Period - HUD Handbook 4510.1, Chapter 6Elderly, Handicapped & Displaced - HUD Handbook 4510.1, Chapter 9Feasible Project - HUD Handbook 4510.1, Chapter 4Financing - HUD Handbook 4510.1, Chapter 9, Section 3Mortgage Credit - HUD Handbook 4510.1, Chapter Section 2Rehabilitation - HUD Handbook 4510.1, Chapter 7Sale - HUD handbook 4510-1, Chapter-11Section 120 - HUD Handbook 4510.1, Chapter 8Valuation Processing - HUD Handbook 4510.1, Chapter 5, Section 3

RENTAL RATES - HUD Handbook 4420.1, Chapter 1-16

RENTAL SCHEDULE - HUD Handbook 4435. 1, Chapter 1-12

REPLACEMENT COST - the estimate of the construction cost of theproperty or project when the proposed improvements are completed.HUD Handbook 4010.1, Chapter 1-84

PROCESSING DIFFERENT PLANS - HUD Handbook 4410.1,Chapter 1-10

REQUEST TO OCCUPY - HUD Handbook 4435.01, R01, Chapter 1-11

RESIDENTIAL CARE FACILITIES - HM Handbook 4600.1 REV-1General - HUD Handbook 4600.1 REV-1, Chapter 1Application Requirements - HUD Handbook 4600.1 REV-1, Chapter 4Application Stages - HUD Handbook 46001.1 REV-1, Chapter 3-1Architectural Analysis and Inspection - HUD Handbook 4600.1 REV-1, Chapter 5Cost Analysis - HUD Handbook 4600.1 REV-1, Chapter 6Economic & Market Analysis - HUD Handbook 4600.1 REV-1, Chapter 9-1Grants/Loans - HUD Handbook 4600.1 REV-1, Chapter 12Loan Closing - HUD Handbook 4600.1 REV-1, Chapter 10Mortgage Credit - HUD Handbook 4600.1 REV-1, Chapter 8Property and Mortgage Eligibility - HUD Handbook 4600.01, Chapter 2

Special Features - HUD Handbook 4600.1.REV-1, Chapter 1Valuation Processing - HUD Handbook 4600.1 REV-11 Chapter 7

RESOLUTION TRUST - HUD Notice 92-31,Chapter 5 (extension Noticeexpired 3-31-98)

REVISION OF INSTRUMENTS - HUD Handbook 4430.1, Paragraph 1-24

RETIREMENT SERVICE CENTER - HUD Handbook 4650.2; Notice H 92-34,April 14, 1992 terminates Chapter 4 of Handbook 4560.2 containing the instructions forprocessing and approving Retirement Service Center projects; The Final Rule publishedin the Federal Register on August 29, 1991, terminates the program.

RESERVE FOR REPLACEMENTSRehabilitation Projects - HUD Handbook 4465.1, Chapter 10-6Valuation Processing - Generally - HUD Handbook 4465.1, Chapter 6-4

RISK-SHARINGSection 542(c) (Housing Finance Agencies) - HUD Handbook 4590.01 R0Section 542(b) (Qualified Participating Entities) - Notice 95-25

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SECONDARY FINANCING - HUD Notice 92-31, Chapter E (Extension Notice expired 3-31-98)

SETASIDE - Policy memorandum issued 7/21/88 from Thomas T. Demery,ASH, on HUD-Insured Project Mortgage Loan Transactions with Special

Set-a-side Features

SECTION 202 - HUD Handbook 4571.3 REV- 1, Inspection Pass - HUDHandbook 7400.1, Chapter 9-4C

SECTION 207 - HUD Handbook 4400.1 REV-1; HUD Handbook 4425.1REV- 24 CFR, Part 207Purpose, HUD Handbook 4400.1, Chapter 1-1Authority - PL 75-424, 12 U.S.C. 1713Maximium Mortgage Limits - HUD Handbook 4400.01, Chapter 1-1Mortgage Term and Interest Rate, HUD Handbook 4400.1,

Chapter 1-4C Eligibility Requirements – HUD Handbook 4400.1, Chapter 1-4

Fees and Charges - HUD Handbook 4400.1 Chapter 1-5Application Processing - HUD Handbook 4400.1 REV-1, Chapter 1-6Cost Certifications - HUD Handbook 4470.1 REV-2, Chapter 11Requirements Subsequent to Qualification - HUD Handbook 4400.1 REV-1,

Chapter 1-17

SECTION 8New Construction – New Section 8, New Construction (Contracts are no

longer available)Policy memorandum issued 8/7/90 from James L. Logue, DASMF on Procedures forProcessing for Section 8 Moderate Rehabilitation Rent Reviews for Co-InsuredProjects.

Policy memorandum issued 12/28/89 from James L. Logue, DASMF on Moratoriumon Conducting Section 8 Comparability Studies on Project Based Section 8 Contractsthat have Rents Adjusted by the Annual Adjustment Factor.

Policy memorandum issued 4/28/88 from Thomas T. Demery, ASH on Market/Submarket Review for Section 8 223(f) Projects, Revised Threshold Test.

SECTION 6 - Pension Fund - Notice H 94-19SECTION 202 - HUD Handbook 4571.3 R01SECTTON207 - HUD Handbook 4400.1 REV-1SECTION 207m - HUD Handbook 4545.1

SECTION 213 - HUD Handbook 4550.1SECTION 220 - HUD Handbook 4555.1 CHG-2SECTION 221(d)(3) - HUD Handbook -4560.1 R01SECTION 221(d) COINSURANCE - HUD Handbook 4561.01 –

Program terminated; handbook should be retained until all loans are closed.SECTION 221(d)(4) - HUD.Handbook 4560.1 R01

HUD - Notice H 94-56SECTION 223(f) - HUD Handbook 4565.1 REV-1SECTION 223(f) COINSURANCE - HUD Handbook 4565.1, REV- 1,

Program terminated; handbook should be retained until all loansare closed.

SECTION 811 - HUD Handbook 4571.02SECTION 231 - HUD Handbook 4570.1R (with changes thru 2)SECTION 232 – HUD Handbook 4600.01R (with changes thru 1)SECTION 232(i) - HUD Handbook 4600.2SECTION 234 - HUD Handbook 4580.01 (with changes thru 4)SECTION 236 - HUD Handbook 4510.1 (with changes thru 7)SECTION 238(c) HUD Notice H 97-53SECTION 241 - HUD Handbook 4585.1 (with changes thru 2)SECTION 242 - HUD Handbook 4615.1 (with changes thru 7)

TITLE XI - GROUP PRACTICE FACELITIES - HUD Handbook 4630.1 thru 3SECTION 542(b) - Qualified Participating Entities Risk-Sharing –Notice H-95-25SECTION 542(c) - Housing Finance Agencies Risk-Sharing HUD Draft Handbook

4590.01 R01 with/change thru 1

SERVICE COORDINATOR - HUD Notice 97-32 – Per Carissa Janis

SERVICING REQUIREMENTS - mortgagee Letter 90-12, April 16, 1990 –Emphasizes to all multifamily mortgagees that the servicing requirement formultifamily insured mortgages will be aggressively enforced by HUD.Violators could be fined up to $5,00 for each violation or HUD could imposesanctions against mortgagees that fail to follow HUD/FHA requirements.

SEWERAGE – Handbook 4940.3 (Minimum Design Standards for Community Sewerage); Policy memorandum issued 7/16/81 from G.H. Bowers, Jr. SFH, on Sewage Disposal Facilities for Multifamily Housing, Care-Type Housing and Other Grouped Housing. Handbook 4460.1 Rev 2, Chapter 1

SOLAR - Policy memorandum issued .8/28/81 from Philip D. Winn, ASH on LessonsLearned from the HUD Solar Demonstration Program. Solar Energy System 4560.1Rev1, Chapter 3, Handbook 4560.3, Chapter 2, Solar Heating – Water Systems;Handbook 4930.2

SPONSORS - See General "Mortgagors"Elderly Projects Under:

Section 231 - HUD Handbook 4570.1R, Chapter 1(with changes)Section 202 - HUD Handbook 4571.1 Rev2 Chapter (with changes thru 3)

Mortgage Credit Processing Generally - HUD Handbook 447.0 REV-2 (with changesthru 1 - Chapter 1-3Previous Participation Processing - Generally - HUD Handbook 4065.1, Chapter 1,

SINGLE ROOM OCCUPANCY - HUD Handbook 4560.3Consultants - HUD Handbook 4560.3, Chapter 3-5Displacement - HUD Handbook 4560.3, Chapter 2-8Furnishings and Equipment - HUD Handbook 4560.3, Chapter 2-5Mortgage Credit - HUD Handbook 4560.3, Chapter 4, Section 4Occupancy - HUD Handbook 4560.3, Chapter 2-10Processing stages - HUD Handbook 4560.3, Chapter 3-1Substantial Rehabilitation - HUD Handbook 4560.3, Chapter 2-3Technical Processing - HUD Handbook 4560.3, Chapter

SINGLE POINT OF CONTACT PROCESS -HUD Handbook 4400.1 REV-1,Chapter 1-17B

SOFT-MARKET - Policy memorandum issued, 12/6/86 from Thomas T. Demery,ASH on Field Office Co-Insurance Responsibilities Section 221(d) SoftMarket Area Procedures and Section 223(f) Market Reviews. Coinsurance no longerexists for Development.

SPRA - HUD Handbook 4510.1, Chapter 4-9, Handbook 4560.1 Rev-1, Chapter 3-6

SITE APPRAISAL AND MARKET ANALYSIS (SAMA) – HUD Handbook 4425.1

SPONSORSHIP - HUD Handbook 4425.1, Chapter 4-1

STAGES OF PROJECT PROCESSING – HUD Handbook 4425.1 REV 2,Chapter 4-2

STATE REVIEW PROCEDURE (SRP) - HUD Handbook 4590.1, Chapter 4(L, H);Handbook 4600.1 Rev1, Chapter 3-14

SUBCONTRACTORS - see Generally "Construction” and "Contractors"Cost Certification by - HUD Handbook 4470.1 REV-2, Chapter-11Identity of Interest with Mortgagor or Contractor – HUD Handbook 4450.1 REV1,

Chapter 6-8; Handbook 4430.1 REV1 Appendix 8 Handbook 4435.1 Rev Change 1Chapter 1-2

SUBSIDY-LAYERING - Federal Register – December 15, 1994, Low Income HousingAdministrative Guidelines; Limitation on Subsidy Layering; HUD Handbook 4470.1REV-2, Chapter 18.

Policy memorandum issued 11/15/91 from Arthur J. Hill, ASH on Subsidy-LayeringReviews of Low-Income Housing Tax Credit Projects.

Policy memorandum issued 4/17/91 from Philip.J. Salamone, DASMF on theImplementation of Subsidy Layering Guidelines.

Notice 95-4 – Subsidy Layering Reviews

SUPPLEMENTAL COST CERTIFICATION - HUD Handbook 4470.1 REV-2,Chapter 11

SUPPLEMENTAL INCOME STATEMENT - HUD Handbook 4470.1 REV-2Chapter 11-15

SUPPLEMENTARY LOAN - a loan, advance of credit, or purchase of an obligationfor the purpose of financing improvements or additions to a project or facility.HUD Handbook 4010.1, Chapter 1-94, Handbook 4550.4 – Supplementary Loan –cooperative Housing, Supplemental loan – Handbook 4585.1

SURETY – See Generally “Assurance of Completion” HUD Handbook 4430.1 REV1 Chapter 1

Generally - HUD Handbook 4430.1 REV1, Chapter 17-19Acceptability of - HUD Handbook 4430.1 REV1, Paragraph 1-17 – 1-19Amount of Bond - HUD Handbook 4435.1, Chapter 2-20Consent to Release of Holdback - HUD Handbook 4470.1 REV-2, Chapter 8-12

SUSPENSION/DEBARMENT - HUD Handbook 4065.1, Chapter 4 and 24; CFR Part 24,Handbook 1300.13 REV1

SURVEY - HUD Handbook 4430.1 REV-1, Paragraph 1-10hFinal Advance - to Accompany - HUD Handbook 4440.1, Chapter 6-4Final Endorsement - HUD Handbook 4550.2, Chapter 6-8Firm Commitment - Attachment to - HUD Handbook 4425.1 REV2 Chapter 4-3c

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TANDEM PROJECTS – HUD Handbook 4465.1 Chapter 3; Handbook 4510.1Chapter 1;

Handbook 4560.3 Chapter 14: Policy memorandum from Maurice L.Barksdale, ASH, on

Mortgage Increases for Tandem Projects.

TAX BENEFIS - HUD Handbook 4420. 1, Chapter 1-21Rate of Return on Investment, HUD Handbook 4420.1,Paragraph 1-20

TAX ABATEMENT OR F EXEMPTION - HM Handbook 4440.1;Handbook 4600.1 Chapter 5-10e – taxes – nothing on tax abatement or exemptions

Bond Financing - HUD Notice 92-31, Chapter KSection 231 Elderly Projects - HUD Handbook 4570.1, Chapter 1-3

TAX-CREDITS - HUD Handbook 4470.1 REV-2, - Chapter 18; Handbook 4470.02 REV1 Chapter 7

TAX-EXEMPT FINANCING NON-SECTION 8 PROJECTS –Policy memorandum issued 2/27/87 from Thomas T. Demery, ASH on TaxExempt Bond Financing for HUD-Insured Multifamily Projects

Policy memorandum.issued 12/12/85 from Janet Hale, GDASH, onHUD-Insured Projects Utilizing Section 103(b)(4)(a) Tax Exempt Financing.

TECHNICAL DISCIPLENES CONTRACTS - HUDHandbook 4425.1 REV 2, Chapter 4-6 - TDC's enables field offices tocontract for architectural, engineering, cost and valuation services to assist in application processing and review functions on an as needed basis.

TERM OF LOAN - HUD Handbook 4420. 1, Paragraph 1-11

TITLEAcceptability of - HUD Handbook 4440.1, Chapter 1-2Fees - HUD Handbook 4440.1, Chapter 5-10JException - HUD Handbook 4440.1, Chapter 1-4

Insurance of advances - HUD Handbook 4430.1, Chapter 1-10Initial closing - HUD Handbook 4440.1, Chapter 1-2

Final closing - HUD Handbook 4440.1, Chapter 1-6Insurance upon completion - HUD Handbook 4440.1, Chapter 11

Policy - HUD Handbook 4430.1 Chapter 1, Paragraph 1-0EHUD Handbook 4440.1, Chapter 11

Junior Lions - HUD Handbook 4440.1, Chapter 1-13

TITLE VI (PRESERVATION) – HUD Handbook 4350.6;Preservation – Letters 1-10a and 97-1 through 97-4

TRANSFERS - HUD Handbook 4410.1 REV-2, 3 Chapter 1-llBetween Titles – Chapter 1-9Between Sections – Chapter 1-9Other transfers of fees – Chapter 1-9Of Authority - HUD Handbook 7400.10 Chapter 8-8Physical assets - Policy memorandum issued 9/2/81 fromPhilip Abrams, GDASH on Standards and Controls for theProcessing of Multifamily Transfers of Physical Assets (TPAs). Handbook 4350.1 Chapter 13Participation Agreement – HUD Handbook 4435.1 REV1 Chapter 1Pledges and Participation - HUD Handbook 4435.1 REV1, Chapter1-33Pledge of Title – HUD Handbook 4435.1 REV-1 Chapter 1-33Prior to Full Disbursement - HUD Handbook 4435.1 REV1 Chapter1-33Transfers of Insured Mortgages – Subparagraph A.

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UNDERWRITING - HUD Handbook 4445.1General - HUD Handbook 4445.11 Chapter 2, Section 1

Architectural Services - HUD Handbook 4445.1, Section 6, Chapter 2,Commitment – HUD Handbook 4445.1, Section 4, Chapter 2Community Development - HUD Handbook 4445.1, Chapter 5Deviation-- HUD Handbook 4445.1, Section 5, Chapter 2Fee Inspectors, HUD Handbook 4445.li Section 7Increased Mortgage Limits - HUD Handbook 4445.1, Chapter 3Disposition of Acquired Properties - HUD Handbook 4445.1, Chapter 4Processing - HUD Handbook 4445.1, Section 2, Chapter 2 site Appraisal and Market Analysis Stage - HUD Handbook 4445.1,

Section 3, Chapter 2

UNDERWRITING QUALITY CONTROL - HUD Handbook 442-5.1 REV 2,Chapter 2-9

UNIT LIMITATIONS - Refer to applicable regulations

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VALUATION ANALYSIS - HUD Handbook 4465.1General - HUD Handbook 4465.1, Chapter 1Air Rights - HUD Handbook 4465.1, Chapter 4Analysis and Appraisal - HUD Handbook 4465.1, Chapter 1-8As Is Value - HUD Handbook 4465.1, Chapter 2-3Bid Figures - HUD Handbook 4465.1, Chapter 9Estimated Rental Income - HUD Handbook 4465.1, Chapter 5Ground Leases - HUD Handbook 44 65.1, Chapter 3 -Income-Approach-to Value - HUD Handbook 4465.1, Chapter 7Market Comparison to Value - HUD Handbook 4465.1, Chapter 8Market Value - HUD Handbook 4465.1, Chapter 2-1Operating Expense Estimates - HUD Handbook 4465.1, Chapter 6Rehabilitation - HUD Handbook 4465.1, Chapter 10Valuation Process - HUD Handbook 4465.1, Chapter 1

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WAIVERSecretary's Option to Purchase Fos - HUD Handbook 4425.1 REV2, Chapter 1

WASHINGTON DOCKET - HUD Handbook 4410.1 and Notice

WATER AND SEWER - HUD Handbook 4940.3Architectural Requirements - HUD Handbook 4940.3

WORK STOPPAGE - HUD Handbook.4435.1, CHG 4, Paragraph 1-12Policy memorandum issued 10/8/82 from-Philip Abrams, ASH onMultifamily Development Management Reports for Troubled Projectsand Work Stoppages.

WORKING CAPITALGeneral - HUD Handbook 4435.1 CHG 4, Chapter 1-5Deposit - HUD Handbook 4440.1f Chapter 7-3

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YIEID LIMITATIONS - Policy memorandum issued 9/6/84 from Maurice L. Barksdale, ASH on 11(b) Reporting and Applicability’s Yield Limitations.