Appendix 2 Quality Control Plans and Identity of Interest
Valuation Weaknesses:
HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021) · 2026 edition · updated 2026-10-05 · United States
⚫ [Type valuation weaknesses here.]
- [Type mitigants here, if applicable.]
⚫ [Type valuation weaknesses here.]
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Appendix 7 Valuation Processing A.7.2 HUD Review of Appraisal and Market Study
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[Type mitigants here, if applicable.]
⚫ [Type valuation weaknesses here.]
- [Type mitigants here, if applicable.]
⚫ [Type valuation weaknesses here.]
- [Type mitigants here, if applicable.]
Environmental Narrative: (Discuss all Reportable Environmental Conditions and discuss the mitigation plan for each. Also, discuss any other environmental issue or concern such as radon, lead based paint, asbestos, towers, wetlands, noise, adjacent site concerns, groundwater flow, flood plains, etc. and any mitigation plan or processes undertaken [i.e. Section 106 process, 8-step Process, Operations & Maintenance Plan, etc.] to mitigate the issue or concern. The narrative section should focus on the conclusion drawn and any prominent concerns.
Generally, the narrative section should not exceed 1 page, the bulleted strength and weaknesses sections should typically contain 2 to 4 bullets, respectively, and reflect the most important environmental-related strengths or weaknesses.
The objective of the review is to identify any environmental concerns and discuss the mitigants. rather than to summarize the Phase I and or the underwriting [including the Lender’s narrative]. For example, there are noise concerns, but all interior space and common area exterior space has been mitigated to below acceptable levels.)
Environmental Consultant’s Name: Date of Assessment: Report complete?
| Potential Hazards | Acceptable? | Acceptable? | RECs? | RECs? | Mitigation or O&M **Plan Required5? ** |
Mitigation or O&M **Plan Required5? ** |
|---|---|---|---|---|---|---|
| Yes | No | Yes | No | Yes | No | |
| Environmental setting | ☐ | ☐ | ☐ | ☐ | ☐ | ☐ |
| Airport Hazards | ☐ | ☐ | ☐ | ☐ | ☐ | ☐ |
| CBRS | ☐ | ☐ | ☐ | ☐ | ☐ | ☐ |
| Flood Insurance | ☐ | ☐ | ☐ | ☐ | ☐ | ☐ |
| AirQuality | ☐ | ☐ | ☐ | ☐ | ☐ | ☐ |
| CZM | ☐ | ☐ | ☐ | ☐ | ☐ | ☐ |
| Contamination and Toxic Substances |
☐ | ☐ | ☐ | ☐ | ☐ | ☐ |
MAP Guide, March 2021 Go to beginning of Appendix 7
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Appendix 7 Valuation Processing A.7.2 HUD Review of Appraisal and Market Study
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