Recent Updates
August 2020: Announcement - OGC has developed a new FAQ to address using and discarding personal identifiable information to add to the Multifamily Closing FAQs for COVID-19 found here:
https://www.hud.gov/sites/dfiles/Housing/documents/MF_COVID-19_QA_Production_OGC_Closing.pdf
OGC is posting the FAQ here in the interim while it awaits posting to the link immediately above.
Q: How should I handle personally identifiable information (“PIIâ€), including such items as a home address or personal cell phone number, provided by a HUD closing attorney to facilitate the closing of an FHA multifamily or healthcare loan?
- Unless advised otherwise by the providing party, FHA lenders and their counsel should assume any PII provided by a HUD closing attorney was intended for the sole purpose of facilitating the timely and efficient completion of a real estate transaction during a nationally declared pandemic. The PII should not be used for any other purpose, including redisclosure to other parties, without the express consent of the individual providing the PII. If the real estate transaction has concluded, please immediately delete the PII from all systems and records. If the real estate transaction has yet to conclude, please ensure the information is deleted upon completion or, if earlier, at the request of the HUD employee.
Frequently Asked Questions
If you have any additional questions about implementation of the new Multifamily Closing Documents, please submit them to MultifamilyDocumentReview@hud.gov and an answer to your question will be posted to this site.
Categories:
- General Questions
- General-Scrivener’s Corrections
- Additional Funding Agreement
- Agreement and Certification
- Borrower's Oath
- Building Loan Agreement (and Supplement)
- Closing Guide
- Completion Assurance Agreement
- Consolidated Certifications - Borrower
- Construction Contract (and Supplement)
- Escrow Agreement for Incomplete Construction
- Escrow Agreement Noncritical Deferred Repairs
- Guide for Opinion of Borrower's Counsel, Instructions, and Exhibit A
- Latent Defects Escrow
- Ground Lease Addendum
- Lender's Certificate
- Note
- Operating Deficit Escrow
- Performance Bond Dual Obligee, Payment of Bond, Offsite Bond
- Regulatory Agreement MF projects
- Request for Approval of Advance of Escrow Funds
- Request for Endorsement
- Request for Final Endorsement
- Residual Receipts Note (Nonprofit and Limited Dividend Mortgagor)
- Security Instrument
- Sponsor's Bond
- Subordinate Financing Agreements (Subordination Agreement and Secondary Financing Rider)
- Surplus Cash Note
- Surveyor's Report and Instructions
- Working Capital Escrow
- Multifamily Closing Checklists
- 2019 MF Closing Checklist - 223(a)(7)
- 2019 MF Closing Checklist - Routine 223(f)
- 2019 MF Closing Checklist -"Heavy" 223(f)
- 2019 MF Closing Checklist - Initial Closing
- 2019 MF Closing Checklist - Final Closing
- 2015 Multifamily Closing Guide (PDF)
- 2015 Multifamily Closing Guide (Redline)
- 2015 Multifamily Closing Guide (MS Word)
- 2014 Multifamily Closing Guide (PDF)
- 2014 Multifamily Closing Guide (Redline)
- 2014 Multifamily Closing Guide (MS Word)
- Closing Documents can be found on HUDclips
- LIHTC Rider to Security Instrument (8-28-12)
- Passive Investor Certification (8 28 12)
- SLP Pre-approval Instructions (8-28-12)
- Lender Certification for Tax Exempt Bonds & 4% LIHTC
- Rider 1 - Borrower
- Rider 2 - Master Tenant
- Rider 3 - Commercial Tenant
- Rider 4 - Residential Tenant
- Rider to Regulatory Agreement
- Redline for 2016 ALTA/NSPS Survey Standards
- HAP Contracts Residual Receipts Table
- Rider to Security Instrument - Fee Joinder
- Modified Subordination Agreement