MBA Letter on the revised MAP Guide Chapter Six

MBA is writing to express support for the publication of the revised MAP Guide Chapter Six that was submitted to Multifamily Production leadership last week by Kevin Han, Office of Multifamily Production Technical Support Division. This revision is the result of an 18-month consensus-based revision process involving HUD, MAP lender stakeholders, and third-party industry experts (the “task force”). The revisions provide more explicit written guidance to all participants, addressing several questions and comments that have come up since the issuance of the 2020 MAP Guide. Additionally, the updated chapter provides a resiliency path to Green MIP for affordable and market rate properties, similar to how the Green and Resilient Retrofit Program (GRRP) provides a resiliency path to improve the energy-efficiency for Section 8 and Public Housing multifamily properties.