Appendix 2 Quality Control Plans and Identity of Interest

A.5.11.2 Example of Calculating Cost Not Attributable for Substantial Rehabilitation…

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. Apartment building containing community space and commercial space, a separate athletic club building, and an open-air parking lot.

Units: 50 Gross Floor Area: 50,000 sf (residential structure) 1,000 sf (athletic club building) Total Site Area: 25,000sf

Total Site Area: 25,000sf
B.Form HUD-92264 Section G:
Rehab/Repair cost for Structures:		$1,020,000
Rehab/Repair cost for Land Improvements:	+	$125,000
Rehab/Repair Gen. Requirements:	+	$225,000
Soft Costs
Carrying Charges, Financing, Legal, Organizational, Audit.	+	$400,000
Contingency Reserve:	+	$100,000
“As-Is” Value
Residential Structure:	+	$3,000,000
Athletic Club Building:	+	$50,000
Land (25,000 sf @ $20/sf):	+	$500,000
Total = Line G.74	=	$5,420,000

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Appendix 5 Architectural and Construction Analysis A.5.11 Costs Not Attributable for Existing Properties

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C. Non-attributable Areas:

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

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