Appendix 2 Quality Control Plans and Identity of Interest
A.12.3.4 General Contractors’ 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. All direct and indirect costs associated with the storage and transportation of components stored offsite.
B. Obtaining a risk of loss insurance policy which covers the components. Evidence of this policy must be submitted to the MAP Lender prior to approval of any advance for components stored offsite.
C. Assurance that there is a valid security agreement that is a first lien on the components.
Continue researching
Related topics
State and federal sources. Edit the document title or filters, then run your search.
Get a plain-English answer with a citation back to this text.
Ask AI about this code