H
HUDHUDU.S. Department of Housing and Urban Development project-based Section 8 rental subsidy in the form of a Housing Assistance Payment contract.
PCAPCAAssessment of the Property's physical condition and historical operation. High Performance Building ModuleHigh Performance Building ModulePCA High Performance Building Module assessing cost effective opportunities to increase a Property’s energy and water efficiency and reduce costs. assessing cost effective opportunities to increase a Property’sProperty’sMultifamily residential real estate securing the Mortgage Loan, including the fee simple or Leasehold interest, Improvements, and personal property (per the Uniform Commercial Code). energy and water efficiency and reduce costs.
Area or a specific site identified by the most recent USGS data (see United States Geological Survey (USGS) Peak Ground Acceleration (PGAPGAPeak Ground Acceleration as determined by the United States Geological Survey. ) Calculator Tutorial) as having a PGAPGAPeak Ground Acceleration as determined by the United States Geological Survey. equal to or greater than 0.15g (i.e., 15% of the acceleration of gravity (g) using a 10% probability of exceedance in a 50 year period).
For an MH CommunityMH CommunityResidential real estate development with lots on which manufactured homes are located, together with amenities, utility services, landscaping, roads, and other infrastructure. , a tenant of the BorrowerBorrowerPerson who is the obligor per the Note. who pays ground rent to the owner for use and occupancy of the MH SiteMH SiteDeveloped lot within an MH Community on which a Manufactured Home can be located. and for use of the MH Community’sMH Community’sResidential real estate development with lots on which manufactured homes are located, together with amenities, utility services, landscaping, roads, and other infrastructure. utilities and amenities.
Any rental assistance payment or voucher to an eligible tenant under Section 8 of the United States Housing Act of 1938, 42 U.S.C. § 1437f, as amended.
High Performance Building
U.S. Department of Housing and Urban Development
ContractContractProgram Documents per the Multifamily Selling and Servicing Agreement. between HUDHUDU.S. Department of Housing and Urban Development and the BorrowerBorrowerPerson who is the obligor per the Note. identifying PropertyPropertyMultifamily residential real estate securing the Mortgage Loan, including the fee simple or Leasehold interest, Improvements, and personal property (per the Uniform Commercial Code). use restrictions and default remedies for HUDHUDU.S. Department of Housing and Urban Development programs such as Housing Assistance Payments and Rental Assistance Demonstration.
Mortgage LoanMortgage LoanMortgage debt obligation evidenced, or when made will be evidenced, by the Loan Documents, or a mortgage debt obligation with a Fannie Mae credit enhancement. with a total term of 30 years, comprised of an initial term when interest accrues at a fixed rate, and which automatically converts to a term where interest accrues at an adjustable rate.
Date when the UPBUPBUnpaid Principal Balance of a Hybrid ARM LoanHybrid ARM LoanMortgage Loan with a total term of 30 years, comprised of an initial term when interest accrues at a fixed rate, and which automatically converts to a term where interest accrues at an adjustable rate. automatically converts from accruing at a fixed interest rate to accruing at an adjustable interest rate.