Multifamily Closing Documents - Documents Under Review

The documents provided on this web page are multifamily documents that were proposed for update by notice published on August 2, 2004 (69 FR 46214). These documents reflect revisions following consideration of public comments received in response to the August 2004, notice, and further consideration by HUD in 2004 and 2005 of various provisions of these documents. On August 31, 2006, HUD published a notice announcing a meeting to discuss HUD's progress in updating the multifamily closing documents and advising of policy calls made at that time. (71 FR 31842).

This new HUD Administration has begun its review of these documents to consider changes that may be appropriate given policy decisions by a new Administration and in recognition of changes in the multifamily rental housing industry that have occurred since these documents were first proposed for public comment.

As HUD undertakes its review of these documents, HUD invites its industry partners, the legal community, and other interested members of the public to review these documents along with HUD. Information, comments, or changes that HUD should take into consideration may be sent to the Multifamily TRACS Working Group. To ensure appropriate consideration of your feedback, please use the following subject heading: "MF Housing Closing Loan Documents."

Deadline: Comments on the documents must be received no later than July 1, 2009.

In response to requests, the documents are being made available in "Microsoft Word" format as well as PDF format. If you choose to submit a modified document to demonstrate your suggestions, each redline/strikeout change to a document must be accompanied by a narrative comment to explain the reason for the proposed document revision.

Note: Posting of these documents on HUD's website shall not be taken as HUD's formal proposal for revised documents, but only as an opportunity to review and informally comment on them at the same time as HUD's internal review is taking place. After HUD's review has been completed and your comments have been reviewed, HUD then will formally propose the revised closing documents for public comment. HUD's official versions of most of these forms, which are currently in effect, are on HUDclips forms.

	Assignment Rents Security Agreement-Rental PDF - MS Word
	Note PDF - MS Word
	Regagreement MF projects-Rental PDF - MS Word
	Lender's Certificate-Rental PDF - MS Word
	Building Loan Agreement PDF - MS Word
	Building Loan Agreement Supp PDF - MS Word
	Construction Contract PDF - MS Word
	Construction Contract Supp PDF - MS Word
	Guide for Opinion of Counsel-Rental PDF - MS Word
	Counsels Opinion Instructions-Rental PDF - MS Word
	Exhibita Counsels Opinion-Rental PDF - MS Word
	Residual Receipts Note Nonprofit Mortgagor PDF - MS Word
	Residual Receipts Note Limited Dividend Mortgagor PDF - MS Word
	Escrow Incomplete PDF - MS Word
	Request For Final Endorsement PDF - MS Word
	Lease Addendum PDF - MS Word
	Surplus Cash Note PDF - MS Word
	Completion Assurance PDF - MS Word
	Payment Bond PDF - MS Word
	Performance Bond Dual Obligee PDF - MS Word
	Surveyors Report PDF - MS Word
	Survey Instructions Report-Rental PDF - MS Word
	Request Approval Adv PDF - MS Word
	Escrow Agreement Noncritical Deferred Repairs PDF - MS Word
	Additional Funds Agreement PDF - MS Word
	Operating Deficit Escrow PDF - MS Word
	Sponsors Bond PDF - MS Word
	Offsite Bond PDF - MS Word
	Latent Defects Escrow PDF - MS Word
	Working Capital Escrow PDF - MS Word
	Agreement Certification PDF - MS Word
	Appendix PDF - MS Word
	Request For Endorse-Rental PDF - MS Word
	Borrowers Oath-Rental PDF - MS Word