19.4.11.1 Firm Commitment Condition
HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021) · 2026 edition · updated 2026-10-05 · United States
A. The use of LIHTC in FHA-insured Multifamily loan transactions must be disclosed with the Project loan application. Additional Conditions to the Firm Commitment will include the tax-credit equity pay-in schedule and a requirement that all LIHTC documents be acceptable to HUD. See Chapter 14, Section 14.5 and Section 14.9. HUD will review and collect all LIHTC-related documents that appear on the Closing Checklists. Additional documentation will rarely be required, however, the RC Director and HUD Closing
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Chapter 19 Page 19-51
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Chapter 19 Closing Guide 19.4 Document and Diligence Requirements
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Attorney may request additional documents and information, if, based on a review of the firm application or draft closing package, they determine that additional information is required to complete their review.
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