RAD ISSUES

• RAD Process• Ground Lease issues• FHA waivers re: LIHTC issues• Document Review re:

Various Funding Requirements

• Multiple HUD Offices Involved

CELL TOWERS• MAP Guide Chapter 9.5 Paragraph

O.2

• structures must outside the easement and the engineered fall distance of any transmission towers

» No structure may be located within the easement of any overhead high voltage transmission line and must be located outside the engineered fall distance of any support structure for high voltage transmission lines, radio antennae, satellite towers, cellular towers, etc. This does not apply to local service electric lines and poles.”

Cell Tower Leases

• Identify cell tower leases early in the underwriting/application process

• SNDA’s are required for all cell tower leases.

»Best if monthly payments are made vs. up front lump sum

»Make sure lease has not been assigned to 3rd party