HUD 92031-IRP Section 236 Interest Reduction Program (IRP) OCPO Change

Exempt from OMB approval requirements under
5 CFR 1320.3(c). HUD use only; form does not
collect information from the public.

ATTACHMENT 2

SECTION 236 INTEREST REDUCTION PROGRAM (IRP)
OCFO CHANGE CONTROL FORM
FOR PAS/LOCCS CHANGES
CONTROL #: example: H2006-236-0001
EFFECTIVE DATE OF CHANGE:
M2M Closing, etc.)

(e.g., Date of Decoupling,

NATURE OF CHANGE
( ) Suspend (whether initiated by Housing or CFO, the appropriate documentation
should be attached to this form)
( ) Terminate
( ) Change Contract data (e.g. IRP payments, terms, name, servicer, project number)
REASON(S) FOR CHANGE: (please complete applicable fields under
Transfers, Recaptures/De-obligations and Supporting Documentation attached)
( ) Add, Update, or Change Servicer or State Agency Banking Information (attach
required forms)
( ) Change Property Name
( ) Change Service, including HUD-Held (New Assignment)
( ) Close Out (please list IRP and associated Rental Supplement or Rental
Assistance project number and
amount of budget/contract authority to deobligate under the Recapture section of this form, if applicable)
( ) Decouple – Change Original Contract #
( ) Decouple – Retain Original Contract #
( ) Decouple – Many-to-One Transfer
( ) Foreclosure
( ) Mark-to-Market
( ) Mortgage Maturity
( ) Mortgage Modification
( ) Prepayment of Mortgage
( ) Refinanced (indicate type)
( ) Other ___________________________
TRANSFER
Description
1. Contract name
2. HUD Number
3. Interest Rate
4. Mortgage Terms
(including maturity date) (not

Old

New

applicable if payment schedule is
attached)

5. Monthly IRP
6. IRP Run out Cost
7. Holder
8. Servicer
9. Month/Year of Last
Earned Payment to Old
and Month/Year of First
Earned Payment to New

1 of 2

Form HUD-92031-IRP (05/10)

ATTACHMENT 2 CONTINUED
RECAPTURES/De-OBLIGATIONS
1. IRP Contract Number: _____________ Amount: $______________
(If change results in reuse of IRP please indicate any remaining amount that is available for
recapture/de-obligation)

2. Rental Assistant or Rental Supplement Project Number: _________ Amount:
$__________
Supporting Documentation Attach:
( ) Direct Deposit Form (SF-1199A)
( ) Executed IRP Agreement (applicable only to 236s, 236e2, 236b)
( ) Insurance Termination Request for Multifamily Mortgage (HUD Form 9807)
( ) IRP Payment Schedule (new and original when applicable)
( ) Line of Credit Control System Access Authorization (LOCCS), Form # HUD27054 (06/2003)
( ) Mortgage
( ) Mortgage Assignment Documents to HUD
( ) Mortgage Note
( ) M2M Restructuring Commitment
( ) Section 236 Grant and Use Agreement
( ) Section 236 Regulatory Agreement, Form HUD # 93225A, 93136, or 93135
( ) Suspension Memorandum
( ) Other____________________________________
AUTHORIZED BY:
(Print Name)
SIGNATURE:
DATE:
(Date Signed)
( ) Change Updated in PAS/LOCCS by:
Date:

Deliver to:

HUD-OCFO – Accounting Monitoring and Analysis Division, Room 3224 –
Attn: Section 236 IRP Staff (for all updates and changes)
HUD-OCFO FTW – Reports and Control Division, Attn: Teena Neptune, Fax
(817) 978-5748 or mail to CFO National Accounting Center, P O Box 901013,
Forth Worth, TX 76101, (for Servicer or State Agency banking information
setup or changes)
HUD-CFO – Financial Systems Maintenance Division, Room 3224 (for
PAS/LOCCS Reports)
Version 1.0 12-8-05

2 of 2

Form HUD-92031-IRP (05/10)