Bradley Fountain, MBA Multifamily Accelerated Processing (MAP) guidance May 28, 2016. th click here

1. Replacement for Reserve Funding (R4R)

2. Unit Sampling Inspection

3. 223 (a) (7) Guidance:

the CNA e-tool

4. 223 (f) Increase to Non Critical Repair

International Building Code (IBC) here to see the complete HUD Map Guide (Table 5.3 discusses the repair levels in detail).

5. Environmental Updates at a Glance

  • Phase II Operations and Maintenance Plans will require an assigned responsible party (such as a Maintenance Supervisor, member of Property Management, etc.);
  • Radon requires 25% testing per building, and in the event that radon levels are detected above the EPA action limits, mitigation is required on all ground level units if less than 100% of ground floor units were tested;
  • Flood Zone – incidental portions now require permanent protective covenants or comparable restrictions placed on the property's continued use;
  • If located within a sole source aquifer, regulatory concurrence/direction is required;
  • Acceptable separation distances are now calculated from onsite gas / oil pipelines; and,
  • An engineer report is required if a structure is within the distance equal to the height of a support tower.

6. Energy efficiency and sustainability for MIP Reduction

Energy Star Benchmarking energy improvements

  1. Provide proof of certification through one of HUD's recognized green certification programs or commit to green-certifying the property. Acquiring these certifications will involve additional due diligence and documentation.
  2. Certify that the property has achieved an ENERGY STAR® score of 75 or better on a 1-100 ENERGY STAR® score (SEP), using EPA's Portfolio Manager. For new construction, the property must achieve a SEDI score of 75 or better. For existing properties, if that score is below 75, the owners must order a PCNA and ASHRAE Level II energy audit with energy improvement recommendations for achieving the required score.

About Bradley Fountain Mr. Fountain, MBA, has significant experience in the environmental and engineering services industry. Mr. Fountain is well versed in the due diligence requirements of varied reporting standards, including: HUD FHA, Multi-family, HUD Lean Process, Architectural and Engineering Cost Review, ASTM Standards, EPA's All Appropriate Inquiry (AAI), and customized client formats. Specifically, Mr. Fountain provides and reviews Phase I Environmental Site Assessments, Environmental Transaction Screens, Phase II Subsurface Investigations, Remediation Design projects, Property Condition Assessments (PCAs), Construction Progress Monitoring, Probable Maximum Loss assessments, Regulatory Compliance Assessments, Energy Audits Level I and Level II, Vapor Intrusion Reports, Asbestos Surveys, Lead-based Paint Surveys, Radon Studies, Mold Assessments, and Lead-in-water sampling and analysis. Mr. Fountain directs Partner's HUD- FHA Multi-family and Lean Heath Care due diligence program. Bradley Fountain, MBA Multifamily Accelerated Processing (MAP) guidance Federal Housing Administration FHA FHA after May 28, 2016 on Thursday April 14th click here

1. Replacement for Reserve Funding (R4R)

for the first 10 years the full 20 years 20-year underwriter the first 10 years years 11 through 20

2. Unit Sampling Inspection

since 2011 less than 10 years

3. 223 (a) (7) Guidance:

the CNA e-tool

4. 223 (f) Increase to Non Critical Repair

International Building Code (IBC) IBC here to see the complete HUD Map Guide (Table 5.3 discusses the repair levels in detail).

5. Environmental Updates at a Glance

  • Phase II Operations and Maintenance Plans will require an assigned responsible party (such as a Maintenance Supervisor, member of Property Management, etc.);
  • Radon requires 25% testing per building, and in the event that radon levels are detected above the EPA action limits, mitigation is required on all ground level units if less than 100% of ground floor units were tested;
  • Flood Zone – incidental portions now require permanent protective covenants or comparable restrictions placed on the property's continued use;
  • If located within a sole source aquifer, regulatory concurrence/direction is required;
  • Acceptable separation distances are now calculated from onsite gas / oil pipelines; and,
  • An engineer report is required if a structure is within the distance equal to the height of a support tower.

6. Energy efficiency and sustainability for MIP Reduction

After April 1, 2016 Energy Star Benchmarking energy improvements over ten years

  1. Provide proof of certification through one of HUD's recognized green certification programs or commit to green-certifying the property. Acquiring these certifications will involve additional due diligence and documentation.
  2. Certify that the property has achieved an ENERGY STAR® score of 75 or better on a 1-100 ENERGY STAR® score (SEP), using EPA's Portfolio Manager. For new construction, the property must achieve a SEDI score of 75 or better. For existing properties, if that score is below 75, the owners must order a PCNA and ASHRAE Level II energy audit with energy improvement recommendations for achieving the required score.

About Bradley Fountain Mr. Fountain, MBA, has significant experience in the environmental and engineering services industry. Mr. Fountain is well versed in the due diligence requirements of varied reporting standards, including: HUD FHA, Multi-family, HUD Lean Process, Architectural and Engineering Cost Review, ASTM Standards, EPA's All Appropriate Inquiry (AAI), and customized client formats. Specifically, Mr. Fountain provides and reviews Phase I Environmental Site Assessments, Environmental Transaction Screens, Phase II Subsurface Investigations, Remediation Design projects, Property Condition Assessments (PCAs), Construction Progress Monitoring, Probable Maximum Loss assessments, Regulatory Compliance Assessments, Energy Audits Level I and Level II, Vapor Intrusion Reports, Asbestos Surveys, Lead-based Paint Surveys, Radon Studies, Mold Assessments, and Lead-in-water sampling and analysis. Mr. Fountain directs Partner's HUD- FHA Multi-family and Lean Heath Care due diligence program.

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