A.5.9.2.2 Section 223(f) & 223(a)(7)

A. HUD cost review of Lender's Construction Analyst cost review report for firm exhibits, Section 223(f) & 223(a)(7):

HUD Office Name:

Firm Commitment Submission Date:

Project Name:

Project Location (City, State): MAP Lender Name:

• B. Summary of HUD cost review:

1. Firm Commitment deliverables. If not acceptable, indicate reasons.

   • Lender’s Capital Needs Assessment and Replacement Reserve Escrow (CNA) Report

   • Completed form HUD-92264 with signatures

2. HUD cost review. If not acceptable, indicate reasons.

   • Examination of Lender’s CNA Report:

• 1. Critical repairs to be completed before endorsement

MAP Guide, March 2021 Go to beginning of Appendix 5

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Appendix 5 Page A5-63

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• 2. Non-critical repairs to be completed after endorsement and estimated repair costs
• 3. Expected repair replacement and major maintenance items over a specified period of time
• 4. Initial Deposit to Replacement Reserve, if any
• 5. Monthly Deposit to Replacement Reserve
• 6. Lender’s 223(f) Repairs & Alterations Cost Worksheet (See Appendix 5, Section A.5.12), per Chapter 5, Section 5.10.4.

Lender’s Property Insurance Schedule (form HUD-92329 from CNA e-Tool)

• C. I have reviewed the subject project and hereby make the following recommendation(s):

HUD Office Name: Project Name: Project Location (City, State): MAP Lender Name: