Appendix 2 Quality Control Plans and Identity of Interest
A.7.1.3.3 Competency Rule
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. This rule essentially states that an appraiser must be competent to perform the assignment, acquire the necessary competency to perform the assignment, or decline or withdraw from the assignment. In all cases, the appraiser must perform competently when completing the assignment. Competency also relates to familiarity with a given market.
B. Some assignments may raise concerns about the competency requirement. For example, a transaction may have a large commercial space/income component, or a transaction may involve a project that is far from the HUD Review Appraiser’s geographic area. A number of HUD’s appraisers have extensive commercial experience and can be consulted.[81] Reviewer Appraisers may be able to obtain sufficient market information from other HUD staff and online sources of data (e.g., HUD and/or commercial) in order to complete their review. In some cases, a site visit and/or additional time might be needed to research an unfamiliar area.
C. The need to withdraw from an assignment should be rare and HUD Review Appraisers are expected to work with management to arrange for timely completion of review assignments.
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