HUD has recently announced the availability of two additional MAP Guide Briefing Webinars in March, with a focus on Environmental Review and Requirements. On January 8, 2021 HUD announced the availability of the new Multifamily Accelerated Processing Guide 2020 (MAP Guide). The new MAP Guide established a national standard of practice and procedure for approved lenders to prepare, underwrite, and submit loan applications for FHA multifamily mortgage insurance. The MAP Guide provides guidance for HUD staff, lenders, third party consultants, borrowers, and other industry participants and HUD has prepared MAP Guide Briefing Webinars to discuss the MAP Guide and to highlight changes from the 2016 version. The use of the 2020 MAP Guide is mandatory for all applications filed on or after March 18, 2021.
Webinar 4 will focus on Chapter 9, Environmental Review and Requirements, with emphasis on radon gas detection, testing, and remediation in multifamily properties proposed for mortgage insurance. The webinar will take place on March 9, 2021 at 2:00—3:30 PM (EST) and interested members can register here.
Webinar 5 will focus on Chapter 9, Environmental Review and Requirements, with emphasis on delegation to FHA Lenders to initiate Section 106 Consultation with State Historic Preservation Officers (SHPOs) under certain circumstances. The webinar will take place on March 17, 2021 at 2:00—3:30 PM (EST) and interested members can register here.
Each session presents different content, so HUD urges interested members to register for each session containing content relevant to your work. The format includes an hour initial presentation followed by 30 minutes of Q&A. All sessions will be recorded for later posting and members can access previous MAP Guide webinars and view resource material by clicking on the “View Materials” links provided below:
- Webinar 1- focuses on Chapter 2, Lender Qualifications and Practices paired with Chapter 15, Oversight of MAP Program Requirements; Chapter 3, a general summary of program requirements; Chapter 5, Architectural and Construction Analysis paired with Chapter 12, Construction Period; and Chapter 6, Energy and Water Conservation. View Materials
- Webinar 2- focuses briefly on Chapter 7, Valuation and Market Analysis; Chapter 8, Mortgage Credit; with more extended coverage of Chapter 9, Environmental Review and Requirements. View Materials
- Webinar 3- focuses on Chapter 14, LIHTC and Other Tax Credit Programs; Chapter 19, Closing Guide; and other key issues gathered from remaining chapters. View Materials
Please note, you must have a HUD Exchange account to register for the webinars. For instructions on how to register for a HUD Exchange account, click here.
Questions on the MAP Guide Briefing can be sent here: firstname.lastname@example.org