4.2.2.4 Firm Commitment

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. Firm commitments are issued upon application review and approval by the National Loan Committee, Regional Center Loan Committee, or Regional Director signature authority. Loan Committee requirements are specified in administrative memoranda to HUD staff.

B. Firm Commitments may be extended up to no more than 180 days from date of issuance, plus a discretional 60 calendar days for good cause to be approved by HUD HQ. Guidance related to expired commitments and reopening fees for new construction and substantial rehabilitation programs is identical to the guidance for refinancing programs found in Section 4.2.1.5 of the MAP Guide.

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▸Contents — HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021)

HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021)

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