4.2.2.6 Construction Period
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. A Pre-Construction Conference is required prior to Initial Endorsement (see Chapter 12).
B. For new construction and substantial rehabilitation projects, the HUD construction administration period begins at Initial Endorsement and extends to Final Endorsement.
C. The Borrower and General Contractor must certify actual construction cost consistent with Chapter 13 prior to Final Endorsement.
D. Final Endorsement represents HUD’s insuring of the final loan amount and resolution of all outstanding program obligations.
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