Appendix 2 Quality Control Plans and Identity of Interest
A.12.3.3 MAP Lender’s Responsibilities
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. File Uniform Commercial Code (UCC)-1 financing statements with the proper office in the proper jurisdiction.
B. Make whatever additional filings are necessary to maintain a first lien on the components until they are incorporated into the building(s).
- C. Release the financing statement filings as appropriate.
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Appendix 12 Construction Period A.12.3 Components Stored Offsite
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D. Unconditionally certify by letter to HUD that the security instrument(s) is (are) a “first lien” on the components covered by the instrument(s). The MAP Lender’s certification must be supported by an opinion from the Lender’s counsel.
E. In the event of default under the mortgage, either assign its security interest to HUD or acquire title through foreclosure to the components intended for use or incorporation into the building(s) and convey title to HUD.
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