Spreadsheet: 8b18ec97-aed6-49c4-a690-6afb29a6bc84
Sheet: Instructions

Public reporting burden for this collection of information is estimated to average 2 hours.  This includes the time for collecting, reviewing, and reporting the data.  The information is being collected to obtain the supportive documentation which must be submitted to HUD for approval, and is necessary to ensure that viable projects are developed and maintained.  The Department will use this information to determine if properties meet HUD requirements with respect to development, operation and/or asset management, as well as ensuring the continued marketability of the properties. This agency may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB control number.   Warning: Any person who knowingly presents a false, fictitious, or fraudulent statement or claim in a matter within the jurisdiction of the U.S. Department of Housing and Urban Development is subject to criminal penalties, civil liability, and administrative sanctions.
 | Project Name:
 | Project Number:
 | Program Type:
 | Instructions
1. | Complete the project name, project number, and program type on this page (column D).
 | It will be carried forward to other tabs.
2. | Fields to be completed are shaded in aqua.
3. | For 223f, 223a7, 223d, and 232i complete the applicable Sources and Uses tab before
 | completing the criteria.
 | For NC, SR, BR and 241a complete the Land Calculation, Other Fees, Replacement Cost
 | and Sources and Uses tabs before completing the criteria.
 | [NAME] on the criteria pages use data from the Land Calculation, Replacement Cost and
 | Sources and Uses tab.
4. | ORCF benchmarks should be used for all criteria.   Do not use regulatory percentages.
5. | The MILC should reflect existing ORCF benchmarks.    If the requested mortgage amount
 | exceeds the lowest of all applicable criteria a waiver request (Form HUD-2-OHP) must
 | be included as part of the application and attached to the HUD-92264a-OHP as an exhibit.
6. | Applicable criteria are shown in the Criteria by Program tab.  That tab and this instructions
 | tab are for information purposes only and are not to be attached to the firm commitment.
7. | Fields with red arrows in the corner have additional notes.  Placing your cursor over the
 | those fields will make them appear.
8. | The percentage fields in the S & U tab for 223(f), 223(a)(7), 223(d) and 232(i) only drive the
 | calculations for Criteria G and [NAME] the actual, fixed dollar amount in the adjacent fields
 | when the mortgage amount has been determined.     Both percentages and dollars must be
 | provided for all calculations to be completed.
9. | The mortgage amount should be entered as the lowest of all applicable criteria.  See the
 | Criteria by Program Type chart to determine which criteria apply.
10. | A lender's underwriter signature and date are required for all submissions.
11. | 223f, 223a7, 223d, and 232i Firm Commitments should include the applicable Sources and
 | Uses page and the Maximum Insurable Loan Calculation pages.
12. | NC, SR, BR and 241a Firm Commitments should include the Land Calculation, Other Fees,
 | and Replacement Cost pages, the applicable Sources and Uses page, and the
 | Maximum Insurable Mortgage pages.