Spreadsheet: 61d69387-5641-4aaa-b089-9a7609f580a2
Sheet: Process Outline

 | APPENDIX G
 | FHA TAX CREDIT PILOT PROGRAM: PROCESSING OF PROJECTS OUTSIDE OF PILOT HUB JURISDICTIONS
 |  |  |  |  | Rev. 10/31/12
 | RESPONSIBILITY-TASK | BORROWER/LENDER | HUD HQ or REGIONAL COUNSEL | ORIGINATING HUB | PROCESSING HUB
 | PRE-APPLICATION/CONCEPT MEETING
 | Preliminary Discussions/ Concept Meeting | Contacts Originating Hub's Production Chief to [NAME]Call |  | Originating Hub's Production Chief Invites Processing Hub's Pilot Designated Underwriter (DU) to Join Concept Meeting (1) | Processing Hub's Pilot Designated Underwriter (DU) Enters Project into Pilot Sharepoint Tracking Database
 | Eligibility and Originating Hub Staff Assignments |  |  | Originating Hub Production Chief [NAME] Project | Processing Hub's Pilot DU Joins Call, Confirms Project Eligibility, and Completes any necessary follow up with Lender. If Project not Eligible, Refers to Another MAP Program
 | HUD Counsel Assignment |  | Regional Counsel Assigns Attorney to the Project (2) |  | DU Asks Regional Counsel with Project Jurisdiction for Assignment of  Attorney at Originating Hub and Invites Attorney to Join Concept Meeting/Call
 | ASSET MANAGEMENT (AM) WORK
 | Rent Increase | Borrower Requests Rent Increase, if any, and if it is a Section 8 Project, Borrower makes request 120 Days Prior to Application | Asset Management Point of Contact Oversees all AM Tasks to Ensure Conformity to Processing Time Frames | Production Chief Notifies Asset Management Point of Contact that Project is Entering Pipeline, Noting Asset Management Roles
 | Prepayment | Borrower Requests Prepayment of First Mortgage, if applicable, at least 120 Days Prior to Application.
 | Other Waivers | Lender Confirms and Advises Borrower and HUD regarding Contract Replacement,  [NAME], etc. in Application |  | Originating Hub Asset Management Staff Oversee Completion of All AM-Related Project Tasks: Rent Increase, Contract Replacement, [NAME] and Prepayment
 | APPLICATION
 | Pre-Notification | Notifies HQ Pilot Staff One Week in Advance of Submission
 | Submission | Submits Application Electronically to Originating Hub and to HQ (only if Project not Located in a Pilot Hub Jursidiction)
 | Distribution/Legal |  | Attorney Assigned to Project Completes Initial Document Review, Attends Project Meetings |  | DU Delivers Organizational Docs, Title and Survey to Counsel Assigned
 | PILOT HUB SELECTION & STAFFING ASSIGNMENTS
 | Hub Assignment |  | HQ Pilot Staff Selects Final Processing Hub Based on Proximity, Review of Workloads, Other Factors, and Confers with Hub |  | Confers with HQ Regarding Capacity, Availability of Staff for Project
 | Notification & Delivery |  | HQ Pilot Staff Notifies all Other Parties of Assignment,  & Forwards Application to Processing Hub |  | DU Begins Processing, Reviews Application and Confirms Project's Eligibilty for Pilot
 | Originating Hub Staffing Assignments |  |  | [NAME] | DU requests Originating Hub to Assign Appraiser to complete Environmental Review
 | (1) See Pilot Processing Hub Assignments by State Worksheet. Originating Hub will always go first to Processing Hub identified in this chart for preliminary project reviews.  However, final assignments to Pilot [NAME] after full application is submitted may change.
 | (2) Regional Counsel Contacts are to be Identified for Projects based on the states in which they are located, on the "Pilot Hub Assignments by State" worksheet.
 |  |  |  |  | Continued Below
 | FHA TAX CREDIT PILOT PROGRAM: PROCESSING OF PROJECTS OUTSIDE OF PILOT HUB JURISDICTIONS (Continued)
 |  |  |  |  | Rev. 10/31/12
 | RESPONSIBILITY-TASK | BORROWER/LENDER | HUD HQ or REGIONAL COUNSEL | ORIGINATING HUB | PROCESSING HUB
 | UNDERWRITING REVIEW
 | Application Screening and Acceptance or Referral | Provides additional information as needed throughout |  |  | DU Thoroughly Reviews Package, Accepts or  Refers Project to MAP, Enters Project into DAP if Accepted, and Keeps Pilot Tracker Current
 | Environmental | Provides additional information as needed throughout | Counsel Reviews organizational documents and if provided, draft closing documents and HQ Provides Technical Assistance/General Support as Needed & Monitors timing | Appraiser Conducts Environmental Review
 | Site Visit |  |  | Processing Hub's DU Conducts Site Visit if Possible, Otherwise Closest Available Environmental Officer/Appraiser completes Environmental Review and Originating Hub's Production Chief [NAME] for Site Visit | DU Reviews Reports
 | All Other Elements |  |  |  | [NAME] all Other Offices' Work, Completes Technical Reviews, Mortgage Credit, [NAME], etc.
 | APPROVALS
 | Hub Director [NAME] |  | Provides Technical Assistance/General Support as Needed | Director [NAME] | DU Submits Recommendation and Draft Firm Commitment to Originating Hub Coordinator and Originating Hub Director
 | Hub Pilot Committee Approval |  |  | Pilot Loan Committee Reviews Loan
 | Firm Commitment |  |  | If [NAME], Director Issues Firm Commitment
 | PRECLOSING
 | Organizational Call |  |  | Counsel and Coordinator Participate | DU Sets Meeting/Call
 | Status Call | Lender & Borrower Participate |  | Counsel and Coordinator Participate | DU Sets Meeting/Call
 | CLOSING
 | Closing | Lender & Borrower Participate | Counsel Assigned by OGC Conducts Closing  In Originating Hub Office | Assists Closing | DU Assists Closing Remotely