Appendix 2 Quality Control Plans and Identity of Interest

A.12.1 Approval of Advances

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. Insurance of advances is the process of releasing FHA-insured mortgage proceeds and other funds necessary for the construction, acquisition, and/or refinancing of the project. Chapter 12, Section 12.7 Insurance of Advances and Related Matters explains the general criteria to advance the mortgage proceeds and other funds. Appendix 12, Section A.12.1 and Section A.12.2 provide the procedures and the HUD Forms (form HUD-92403 and form HUD-92448) required to request the initial and interim monthly advances of mortgage proceeds by the MAP Lender, Borrower, and the General Contractor.

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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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