A.5.7.4.4 Validation and Submission of CNAs

A. After completing its review and financial planning tasks, the Submitter must validate the CNA a final time as a requisite to submission, recognizing that any severe flags appearing on the final validation will prohibit submission.

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Appendix 5 Architectural and Construction Analysis A.5.7 Capital Needs Assessments

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B. After correcting remaining severe flags and/or addressing any other flags, the Submitter should attach documents that are either required or useful to communicate or document CNA information. Each exhibit should be a separate file with a descriptive file name to make each attachment readily recognizable to the reviewer. (See Chapter 5, Section 5.10.6 for detailed descriptions of the attachments.)

C. After validation and selection of attachments, the submitter must enter his/her name and e-mail address. Submitters should exercise care when submitting inasmuch as the CNA e-Tool will permit only a single CNA submitted for review for any property (i.e., for any FHA # or Property ID #). The CNA cannot be amended or updated after submission unless it is first returned to the Submitter by HUD. The submitter will see an immediate message indicating whether the submission is successful and will see the CNA “assessment ID” number. The submitter should make a note of the assessment ID number as a means of locating the CNA among those submitted by the same Lender and also as a means of locating the CNA in the event that troubleshooting assistance is required. The submitter will also receive an automatic e-mail response confirming that the CNA is successfully submitted and again providing the assessment ID number. By submitting, the user certifies as follows:

By submitting this Capital Needs Assessment, I certify as follows:

I am authorized to bind my firm and to submit Capital Needs Assessments via the web portal for the CNA e- Tool. We have reviewed the Capital Needs Assessment and all relevant attachments submitted with it. Neither my firm nor its employees have a financial interest, or family relationship with the principals, officers, directors, stockholders, partners or affiliates of the Borrower/owner of the multifamily property which is the subject of this Capital Needs Assessment or with any construction contractors or property managers employed by the Borrower/owner or its principals. Our review included an evaluation of the qualifications and experience of the Needs Assessor and the Needs Assessor firm (or Architect or engineer or other professional evaluator or related firm as appropriate here and elsewhere in this Certification) retained to complete the needs assessment or portions thereof and we conclude that these qualifications and experience are appropriate for the size and location of the multifamily property and the construction technologies used at the site. The needs assessment, together with all relevant forms, tables, and exhibits, has been prepared in the manner required by the MAP Guide and is complete and accurate. The Needs Assessor and/or the Needs Assessor firm are independent third parties whose compensation is not contingent upon any result except the competent completion of the needs assessment in accordance with the MAP Guide. Except as disclosed, there are no other side deals, agreements, or financial considerations between ourselves and the Needs Assessor or Needs Assessor firm. We have no identity of interest with the Needs Assessor or the Needs Assessor firm, and we have no business or personal relationships that might present a conflict of interest. The Needs Assessor and/or the Needs Assessor firm have evidenced to us that they possess qualifications and experience appropriate to the size, location and construction technology of the subject multifamily property and have no identity of interest, financial or family relationship with the principals, officers, directors, stockholders, partners or affiliates of the Borrower/owner or any construction contractors or property managers employed by them.