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Development Milestones
Fund Reservation
State/Local Approvals
Firm Commitment Application
Pre-Construction Conference
Initial Closing
Construction Period
Rent-Up and Marketing
Pre-Cost Certification Conference
Cost Certification
Project Rental Assistance Contract
Occupancy Requirements
Final Closing
PRESERVATION
Developing a Strategy for Project
Preservation
Applying for a Contract Rent
Increase
Reviewing Replacement Reserves
Refinancing a Section 202 Direct Loan
Preparing for REAC Inspections
Establishing a Project Library
Resources
HUD Bookletters
HUD Forms
HUD Handbooks
HUD Information & Web Sources
HUD Notices
HUD NY HUB Handouts
Practical Guide to 202/811 Terms
Fund Reservation
State/Local Approvals
Firm Commitment Application
Pre-Construction Conference
Initial Closing
Construction Period
Rent-Up and Marketing
Pre-Cost Certification Conference
Cost Certification
Project Rental Assistance Contract
Occupancy Requirements
Final Closing
PRESERVATION
Developing a Strategy for Project
Preservation
Applying for a Contract Rent
Increase
Reviewing Replacement Reserves
Refinancing a Section 202 Direct Loan
Preparing for REAC Inspections
Establishing a Project Library
Resources
HUD Bookletters
HUD Forms
HUD Handbooks
HUD Information & Web Sources
HUD Notices
HUD NY HUB Handouts
Practical Guide to 202/811 Terms
SECTION 202 AND SECTION 811- DEVELOPMENT TEAM REFERENCE GUIDE
For Project Development and Preservation
For Project Development and Preservation
Richard Silverblatt Associates, Inc.
Section 811 Site Control Approval
Section 811 sponsors who received a fund reservation with site identification only, must now submit documentation to HUD regarding effective site control. Consult the NOFA for the year in which you received your Fund Reservation for specific documents that were required to show evidence of site control. These include, for example, a deed or option, a contract of sale, or a long term lease. All exhibits in the fund reservation application that were required for site control approval must also be submitted, including a current title report, a Phase I environmental assessment and other environmental information required by HUD, census information, a zoning analysis, and NY State Historic Preservation Officer (SHPO) approval. Submit a current appraisal or appraisals for multiple sites at this time. HUD must approve site control and related documents before the sponsor can submit the application for firm commitment.
Section 811 sponsors who received a fund reservation with site identification only, must now submit documentation to HUD regarding effective site control. Consult the NOFA for the year in which you received your Fund Reservation for specific documents that were required to show evidence of site control. These include, for example, a deed or option, a contract of sale, or a long term lease. All exhibits in the fund reservation application that were required for site control approval must also be submitted, including a current title report, a Phase I environmental assessment and other environmental information required by HUD, census information, a zoning analysis, and NY State Historic Preservation Officer (SHPO) approval. Submit a current appraisal or appraisals for multiple sites at this time. HUD must approve site control and related documents before the sponsor can submit the application for firm commitment.
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