OPG 7.23 Certification of Full TPA Documents and Request for Fina

OMB No. 2502-0533
(Exp, 12/31/2017)

Sample
Remove colored text after preparing the certification. Text in green highlight is information to be
provided. Text in yellow highlight is explanation and guidance.

Mark-to-Market
Form 7.23
Certification of (Full) TPA Documents and Request for Final TPA
Approval
date
Project Name:
Project Address:
Project I.D. #
Purchaser Entity:

name of project
street, city, state, zip
FHA project number
full legal name of purchaser entity

Dear name of Recap Preservation Office Director:
The undersigned has completed a review of all the transfer of physical asset (TPA) documents
prepared in conjunction with the restructuring transaction for the above-referenced project, for
which a full TPA review is required. The undersigned hereby certifies compliance with all
requirements of OPG Appendix D; that the TPA documents have been completed accurately and
in conformance with OPG Appendix D; the Restructuring Commitment executed by you, the
owner and the purchaser; and with HUD’s guidelines for closing under Mark-to-Market.
I certify that the purchaser entity referenced above is the new owner of the project, and that this
purchaser entity is the same as the entity to which you gave Preliminary TPA Approval.
I certify that the TPA documents set out in Attachment A correctly reflect the transfer as
approved by Recap in its Preliminary TPA Approval letter dated date and have not been altered
or amended in any way, except as approved by Recap in writing and duly note any and all postPreliminary Approval alterations or amendments, on an Attachment B to this letter, including a
clear and precise explanation for the modification and a copy of the Recap approval for these
changes.
Signed and certified by:

Name of PAE Representative
Title
date of signature

September 30, 2004

Attachment A:
• New Organizational Documents (certified or recorded, as required for type of entity).
• Deed or assignment of the deed.
• Contract - Sale, Option or Land (recorded).
• Regulatory Agreement (new or amended, evidencing original recording).
Attachment B: Written Recap approval of any changes subsequent to Preliminary TPA
Approval

Public reporting burden for this collection of information is estimated to average 2 hours per
response, including the time for reviewing instructions, searching existing data sources,
gathering and maintaining the data needed, and completing and reviewing the collection of
information. This information is required to obtain benefits. The Office of Multifamily Housing,
Office of Recapitalization 451 7th Street SW, Room 6230 Washington, DC 20410. HUD may
not collect this information, and you are not required to complete this form, unless it displays a
currently valid OMB control number. Title V of the Departments of Veterans Affairs and
Housing and Urban Development and Independent Agencies Appropriations Act of 1988
(P.L.105-65, 111 Stat. 1384) authorizes the FHA Multifamily Housing Mortgage and Housing
Assistance Restructuring Program. HUD implemented a statutory permanent program directed
at FHA-insured multifamily projects that have project- based Section 8contracts with abovemarket rents. The information collection is used to determine criteria eligibility of FHA-insured
multifamily properties for participation in the Mark to Market program and the terms on which
participation should occur. The purpose of the program is to preserve low-income rental housing
affordability while reducing the long-term costs of Federal rental assistance. While no
assurances of confidentiality are pledged to respondents, HUD generally discloses this data only
in response to a Freedom of Information request.
September 30, 2004