1. Program Offices
  2. Housing
  3. Multifamily Housing
  4. Preservation
  5. Preserving Multifamily Properties
  6. Example Form 10.2a
Form 10.2 (Example)

This is an example of form 10.2 only. Do not use this form. The original form 10.2 can be accessed at: https://hudapps.hud.gov/HUD_Systems/

OAHP Reduction of Rent and Section 8 Contract Renewal Justification

Property and Loan Information Term Sheet

General Information
Property ID:
FHA Number:
  
Property Name:
FHA Program Type:
  
Property Address:
Owner:
  
City:
Owner Contact:
  
State:
Management Company:
  
PAE Name:
Year Built:
  
HUD Project Manager:
Year of Last Rehab:
  
Identity of Interest:
Pre-Restructuring Loan Information
REMS
PAE Entry or Corrections
Original Loan Amount:
Annual Debt Service (Without MIP)*:
Annual Debt Service (With MIP)*:
Interest Rate (%)*:
Original Term (In Years):
Maturity Date:
UPB as of 09/01/2000 :
Residual Receipts Balance as of 09/28/2000 :
Reserve for Replacements Balance as of 09/28/2000 :

* For 236 properties, use the market interest rate and debt service and enter the IRP as "Other Income" in Property Operating Statement.
Property Information
REMS (Pre) PAE Entry or Corrections(Pre) Post Restructuring
Total Units:
      
# Non-Revenue Units:
    
# of Sect. 8 Assisted Units:
      
# of Unassisted Units:
      
Current Physical Vacancy (%)
(Apts Only):
  
Rural, Suburban or Urban:
  
Elderly/Family:
    
New Assisted:
  
Section 8 Contract Information
Contract #: Expiration Date Current Contract Status Unit Type # of Units Contract Rents Is This Contract Being Renewed? Is This Contract Being Combined?
     
   
Mark-to-Market Rents
Bedroom Type
 # of Pre Restructuring Contract Units
(REMS)		 # of Pre Restructuring Contract Units
(Corrected)		 Pre Restructuring Average Monthly Contract Rents # of Post Restructuring Contract Units Post Restructuring Monthly Market Rents
0BR
     $0.00   $0.00
1BR
     $0.00   $0.00
2BR
     $0.00   $0.00
3BR
     $0.00   $0.00
4BR
     $0.00   $0.00
5BR
     $0.00   $0.00
6BR
     $0.00   $0.00
7BR
     $0.00   $0.00