Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G REV-3 (2020 MAP Guide), Appendix 16 (Organizational Chart for Lease Structure)
HUD / FHA Multifamily · HUD's Multifamily Accelerated Processing (MAP) Guide, Handbook 4430.G REV-3 (the 2020 MAP Guide), Appendix 16. It is not the Single Family Housing Policy Handbook 4000.1. Effective 2021-03-18.
Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G REV-3 (2020 MAP Guide), Appendix 16 (Organizational Chart for Lease Structure). Full verbatim text of the appendix, cut at the Guide's own section bookmarks and substring-verified against snapshot 783cba41d40f3768.
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Verbatim provisions from Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G REV-3 (2020 MAP Guide), Appendix 16 (Organizational Chart for Lease Structure) — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
MAP Guide (HUD Handbook 4430.G REV-3) Appendix 16 Organizational Chart for Lease Structure — A.16.1 Sample Master Lease Ownership Structure
Appendix 16 Organizational Chart for Lease Structure A.16.1 Sample Master Lease Ownership Structure A. MF Housing currently requires the MAP Lender to provide a rendering of an organizational structure in the Underwriter Narrative for a loan application. Examples of two structures are below. Example 1: Organization Structure/Transaction Chart (Federal Historic, State Historic, New Markets Tax Credits) State Historic Tax Credit Investor 0.1% Managing Member (Building Manager, LLC) 99.99% Managing Member 94% Owner/Landlord Singe Asset Mortgagor Entity (Owner, LLC) Member 1% Member 1.6665% Member 1.667% Member 1.6665% HUD Insured Loan Master Lease Master Commercial Sub- Lessor (Operating Company, LLC) Property Management Agreement Managing Member (Building Manager, LLC) 0.01% Apartment Manager New Markets/Federal Historic Tax Credit Investor Member 99.99% Residential Leases with Tenants Managing Member (Building Manager, LLC) 100% Commercial Master Tenant (Commercial Sub-lessor, LLC) Leases with Commercial Tenants Example 2: Organization Structure/Transaction Chart (Federal Historic, State Historic, New Markets Tax Credits) State Historic Tax Credit Investor 0.1% Managing Member (Building Manager, LLC) 99.99% Managing Member 94% Owner/Landlord (Owner, LLC) Member 1% Member 1.6665% Member 1.667% Member 1.6665% HUD Insured Loan Master Lease MASTER TENANT – Operating Company/Tenant (Operating Company, LLC) Property Management Agreement Managing Member (Building Manager, LLC) 0.01% Apartment Manager New Markets/Federal Historic Tax Credit Investor Member 99.99% Residential Leases with Tenants Managing Member (Building Manager, LLC) 100% Commercial Master Tenant (Commercial Sub-lessor, LLC) Leases with Commercial Tenants
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