Appendix 2 Quality Control Plans and Identity of Interest

Go to Table of Contents

HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021) · 2026 edition · updated 2026-10-05 · United States

Review Topic	Acceptable	Not Acceptable	Mitigation Recommended	Mitigation Required	Not Applicable
`☐`Rents (including any commercial)	`☐`	`☐`	`☐`	`☐`	`☐`
`☐`Other Income	`☐`	`☐`	`☐`	`☐`	`☐`
`☐`Vacancy (including any commercial)	`☐`	`☐`	`☐`	`☐`	`☐`
`☐`Expenses (including any commercial)	`☐`	`☐`	`☐`	`☐`	`☐`
`☐`NOI	`☐`	`☐`	`☐`	`☐`	`☐`
`☐`Other	`☐`	`☐`	`☐`	`☐`	`☐`

Waivers: (Discuss any waivers that would be in the purview of the HUD appraiser and provide a recommendation for approval or not.)

[Type the waiver narrative here.]

Market Narrative: (For all project types, describe: the Primary Market Area (PMA); demographic, economic, and market trends; and demand. Also, discuss the subject property in relation to the competing properties in the PMA and discuss the status of the overall sub-market.

For New Construction or Sub Rehab, also describe the material variances between the Market Study and the Economic Market Analysis Division (EMAD); specifically address the differences in the conclusions of the two reports and the reasons for conclusions contained in this review. Also discuss lease-up projections, including the Absorption Period and Rate, Penetration Rate, and Capture Rate.

Generally, the narrative section should not exceed 1½ pages, the bulleted strength and weaknesses sections should typically contain 2 to 4 bullets, respectively, and reflect the most important market-related strengths or weaknesses.

The objective of the review is to provide a recommendation and provide the insight as to why the recommendation was made, rather than to summarize the appraisal, market study, and/or the underwriting [including the Lender’s narrative]. For example, explain why the market is acceptable or not acceptable.)

[Type the market narrative here.]

Get a plain-English answer with a citation back to this text.

Ask AI about this code

Export this section

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

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

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.