Net Equity = (Total Equity) – (Equity Pay In 1) – (Allowed Deductions)
HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021) · 2026 edition · updated 2026-10-05 · United States
Total Equity or Gross Proceeds: $7,500,000 • Less Payment #1a: $1,500,000 (20% of Total Equity) $1,500,000 (any combination of at least 10% Total Equity & 10% • Less Payment #1b: or less Equity Bridge Loan)
Less Allowed Deductions Not (25% x $7,500,000) = $1,875,000
to Exceed 25% of Total Equity:
Minimum Net Equity = $7,500,000 - $1,500,000 - $1,875,000 = $4,125,000
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