Form Hud-9815 - Project Analysis Worksheet - U.s. Department Of Housing And Urban Development Page 7
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7I.
Actions or Tools to be Used (Check all applicable boxes)
1.
Change Agent to _________________________________________
Change in Ownership to _______________________________________
NP
LD
Other
Change in principals of ownership entity to ___________________________________________________
2. Increases in Subsidy Contracts
3. Releases from Reserves/Escrows
(Include 236 IRP, Flexible Subsidy, Section 8, etc.)
Type
Additional Dollars
Additional Units
Reserve
Dollar Amount
4.
Owner Contribution of $ _______________
Section 241 Loan for $ _______________
Section 223(d) Loan $ _______________
Defer Replacement Reserve __________ thru __________
Accept Deed-in-Lieu
Make Partial Payment
Defer Principal Payments __________ thru __________
Initiate Foreclosure
of Claim and Reduce
Modify mortgage
and/or
Approve Workout/Payment
mortgage balance to $ _______________
Program as follows:
Spread delinquency as of _____/_____/_____ over remaining term of __________ years.
Extend term by __________ years thru _____/_____/_____
P and I of $ ____________________ for _____/_____/_____ thru _____/_____/_____
P and I of $ ____________________ for _____/_____/_____ thru _____/_____/_____
5.
Rental Increases
6.
Other (Specify)
Effective Date
_____/_____/_____
_____/_____/_____
_____/_____/_____
New Monthly Potential
$ ________________ $ ________________ $ ________________
PUPM Increase
$ ________________ $ ________________ $ ________________
% Increase
_____________.0%
_____________.0%
_____________.0%
7. Above actions should bring mortgage current under
Balances Expected at the End of 2nd Year in #H-5
Present amortization schedule by
________/________/________
Cash $ _________________
Accounts Payable $ _______________
Revised amortization schedule by
________/________/________
Replacement
Reserve $ ______________
Painting Reserve $ _______________
Mortgage
Delinquency $ ___________
Mortgage Balance $ _______________
J. Flexible Subsidy Program
Flexible Subsidy Certification
If Flexible Subsidy Assistance is to be provided to this project, Justification for Use of Flexible Subsidy (form HUD-9815-A) must be attached.
Prepared by (Loan Specialist)
Date (mm/dd/yyyy)
Approved by (Loan Management Branch Chief)
Date (mm/dd/yyyy)
Page 7 of 7
form HUD-9815 (11/2002)
ref Handbook 4350.1
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