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NOTE:

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. The Valuation Branch must adjust the as-is land value of the property, if the allowed amount for offsite and demolition differs from HUD’s estimate on form HUD-92264 issued at Firm Commitment.
    1. Offsite costs are not allowable for leasehold estates when the ground rent is based on a land value that reflects all required offsite improvements, since the Borrower has not paid for those improvements.
    1. If the Borrower certifies to off-site costs, the land value entered on form HUD-92580, “Maximum Insurable Mortgage” will be reduced by the amount of off-site costs.

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

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