HUD’s new MAP Guide—What borrowers need to know



Date: April 22, 2021

Time: 4:00–5:15 p.m. Eastern

Location: Virtual Presentation (access instructions e-mailed upon registration)

Contact: Kristen Joseph
kjoseph@nixonpeabody.com
617-345-1006

The Federal Housing Administration (FHA) revised the Multifamily Accelerated Processing (MAP) Guide, released in December and recently updated March 19. The revised guide is now in effect. The revisions incorporate policy changes from the last four years and set out HUD’s current policies on FHA-insured lending.

What does the revised MAP Guide hold for multifamily borrowers of FHA-insured loans? And how will the revisions impact FHA financing for affordable housing moving forward?

On Thursday, April 22, join our panel for an overview of the revisions and what they mean for FHA borrowers. The panel will highlight changes in the MAP Guide that may be of particular interest to borrowers including:

  • FHA & LIHTCs
  • The “3-year rule” & using FHA-insured lending on newly constructed projects
  • FHA’s accessibility (UFAS) requirements
  • “Heavy” 223(f) vs. 221(d)(4) requirements
  • Closing protocols and requirements

Speakers

  • Tom Bernaciak, Deputy Director, Office of Multifamily Housing Production, U.S. Department of Housing and Urban Development
  • Eric Keifer, Senior Vice President, Rockport Mortgage Corporation
  • Alex Rosso, Counsel, Nixon Peabody LLP
  • Kathie Soroka, Counsel, Nixon Peabody LLP

Continuing Education

This course is approved for 1.0 CLE and CPE credit. Click here for Nixon Peabody continuing education details.

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