Multifamily Document Reform Implementation
Recent Updates
Effective as of March 4, 2024, the Electronic Closing Protocols (the “ECP”) for FHA multifamily and healthcare loans shall serve as OGC’s standard operating protocols for electronic closings.
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.
Frequently Asked Questions
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
Training Materials
Additional Resources
- 2020 MAP Guide - Chapter 19 Closing Guide
- 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