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B. Initial Endorsement.

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

  1. Before scheduling the closing, HUD must review the grant/loan documents to assure the legal sufficiency of the documents.

  2. The grant/loan funds must be disbursed before insured mortgage proceeds.

  3. Release of grant/loan proceeds cannot be conditioned on the completion of specific project improvements.

  • C. All work performed with the grant/loan proceeds:

  1. Must be cost certified.

  2. Must conform to Davis-Bacon requirements including submission of payrolls, certifications, etc., if payment of Davis-Bacon wage rates is required by the grant/loan program.

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▸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)

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