14.7 Application/Submission Requirements

A. Documentation to be provided in the Firm Application for Section 8 Assisted properties requesting a HAP Contract Renewal include the following:

1. HAP Contract Renewal Request and Rent Comparability Study. A MAP-compliant appraisal and HUD forms HUD-92264, HUD-92264-T, HUD-92273, and HUD-92274 should also be submitted with the application. However, the appraiser may opt to use the form HUD-92273 used in the Rent Comparability Study or another format and may use form HUD-92274 or an alternative format acceptable to the Lender and the HUD Underwriter.

2. The following describes application requirements for LIHTC projects that differ from those described in other sections of the MAP Guide for projects without LIHTC. Other standard documents will be those used for a given project’s Section of the Act (SOA) program.

   • The form HUD-92013-C, LIHTC Summary Report, which provides specialized information on sources and uses of funds, net equity pay-in requirements, flow of funds and other matters essential to analysis of LIHTC projects must be submitted for all Tax Credit projects. The LIHTC Summary Report is located at:

• https://www.hud.gov/sites/dfiles/Housing/documents/LIHTCSummaryReport20AllDealTypes 0920.xlsx

• Existing Land Use Restriction Agreement (LURA) or other Regulatory Agreement (if any).

• Letter of Intent (LOI) from Investor or Syndicator.

B. HUD has issued separate guidance for Rental Assistance Demonstration projects for underwriting RAD transactions with FHA-insured loans and LIHTC. The guidance is available at:

https://www.hud.gov/RAD/library/notices

C. Application documents specific to the New Pilot are listed in the New Pilot Application Exhibits Checklist.