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Transactional Documents for Mortgagees and Contractors

ICR 202008-2502-004 · OMB 2502-0605 · Object 103457601.

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Transactional Documents for Mortgagees and Contractors
Hendrich, Nicole M
Calc
2018-03-19
2026-07-17
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Extracted Text

Initial Operating Deficit / Lease-up Tracking Worksheet
Section 232

U.S. Department of Housing and Urban Development
Office of Residential Care Facilities

OMB Approval No. 2502-0605
(exp. 03/31/2018)

Public reporting burden for this collection of information is estimated to average 1.5 hours. This includes the time for collecting, reviewing, and reporting the data. The information is being collected to obtain the
supportive documentation which must be submitted to HUD for approval, and is necessary to ensure that viable projects are developed and maintained. The Department will use this information to determine if
properties meet HUD requirements with respect to development, operation and/or asset management, as well as ensuring the continued marketability of the properties. This agency may not collect this information, and
you are not required to complete this form unless it displays a currently valid OMB control number.
Warning: Any person who knowingly presents a false, fictitious, or fraudulent statement or claim in a matter within the jurisdiction of the U.S. Department of Housing and Urban Development is subject to criminal
penalties, civil liability, and administrative sanctions.

Project Name:

Date Prepared:

Lender Name:

Income & Occupancy Assumptions

Unit Type
Assisted Living
Memory Care
Skilled Nursing or Sub-Acute
Independent Living
Other Income
Totals

UW Eff. Gross
Inc. per year

Total # Beds

UW
Occupancy

# Occupied
Units
0.00
0.00
0.00
0.00

$0

0

0.00%

0.00

EGI per Occp'd
Unit
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

Per Res
Day
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

POU
per year
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0

% of EGI
UW
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%

Number of
Preleases

Net Monthly
Absorption

0.00

0.00

Expense Assumptions

Ground Rent
Marketing and Promotion
Insurance (property & liability)
Real Estate (Property) Taxes
Management Fees
Replacement Reserves
TOTAL

Total UW
Total UW
Exp. per year Exp. per Month
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0

Debt Service Assumptions
Interest Only
Principal Plus Interest
MIP

$
$
$

Category
e.g. General & Administrative
e.g. Payroll Taxes and Benefits
e.g. Resident Care
e.g. Food Services
e.g. Activities
e.g. Housekeeping & Laundry
e.g. Maintenance
e.g. Utilities
e.g. Bad Debt

Previous Versions Obsolete

-

per month
per month
per month

Debt Service Calculator
Mortgage Amount
Term in Months
Annual Interest Rate
MIP Percentage
DRAFT

Percentage
100.00%
80.00%
30.00%
30.00%
30.00%
10.00%
30.00%
50.00%
0.00%
0.00%
100.00%
100.00%
100.00%
100.00%
80.00%
100.00%

Expense Floor
Yearly Floor Monthly Floor
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0

0.77%
form HUD-91128-ORCF (03/2018)

U.S. Department of Housing and Urban Development
Office of Residential Care Facilities

Initial Operating Deficit Escrow Calculation
Section 232

0

Period One

Instructions: Use this tab to make draw
request from IOD escrow. Only modify
shaded blue cells. This worksheet is required
to be updated on a cash basis only.

Assisted Living
Memory Care
Skilled Nursing or Sub-Acute
Independent Living
Total Occupied Units
Total Resident Days
EGI
e.g. General & Administrative
e.g. Payroll Taxes and Benefits
e.g. Resident Care
e.g. Food Services
e.g. Activities
e.g. Housekeeping & Laundry
e.g. Maintenance
e.g. Utilities
e.g. Bad Debt
Ground Rent
Marketing and Promotion
Insurance (property & liability)
Real Estate (Property) Taxes
Management Fees
Replacement Reserves
Total Expenses
NOI
P+I
MIP
Income/Loss per Period
Cumulative Loss (actual is blue)

Expense Ratio
% of UW Expense
Occupancy
Debt Service Coverage Ratio

Period Two

Month 1
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Month 1
Actual

NA
0.0%
0.0%

Draw Amount Requested
Dollar Difference from Scheduled Draws
Amount Approved (entered by HUD)
Escrow Balance

Month 2
Actual

0
0

Month 2
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

NA
0.0%
0.0%

NA
0.0%
0.0%

0.00
0

0

0
0

Period Three

Month 3
Actual

0
0

Month 3
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

NA
0.0%
0.0%

0.0%
0.0%
0.0%

0.00
0

0

0
0

OMB Approval No. 2502-0605
(exp. 06/30/2017)

Month 4
Actual

0
0

Month 4
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%

0.0%
0.0%
0.0%

0.0%
0.0%
0.0%

0.00
0

0
0

0.00
0

0
0

0
0

Month 5
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Month 5
Actual

Month 6
Actual

0
0

Month 6
Forecasted
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 7
Actual

0
0

Month 7
Forecasted
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 8
Actual

0
0

Month 8
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 9
Actual

0
0

Month 9
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 10
Actual

0
0

Month 10
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 11
Actual

0
0

Month 11
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 12
Actual

0
0

Month 12
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

0.00
0

0
0

0
0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

IOD Base Requirement

$0
Actual Escrow IOD Amount

$0

Previous Versions Obsolete

DRAFT

form HUD-91128-ORCF (mm/yyyy)

U.S. Department of Housing and Urban Development
Office of Residential Care Facilities

Initial Operating Deficit Escrow Calculation
Section 232

OMB Approval No. 2502-0605
(exp. 06/30/2017)

0
Instructions: Use this tab to make draw
request from IOD escrow. Only modify
shaded blue cells. This worksheet is required
to be updated on a cash basis only.

Month 13
Actual

Ground Rent
Marketing and Promotion
Insurance (property & liability)
Real Estate (Property) Taxes
Management Fees
Replacement Reserves
Total Expenses
NOI
P+I
MIP
Income/Loss per Period
Cumulative Loss (actual is blue)

Month 13
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Expense Ratio
% of UW Expense
Occupancy
Debt Service Coverage Ratio

0.0%
0.0%
0.0%
#DIV/0!

Assisted Living
Memory Care
Skilled Nursing or Sub-Acute
Independent Living
Total Occupied Units
Total Resident Days
EGI
e.g. General & Administrative
e.g. Payroll Taxes and Benefits
e.g. Resident Care
e.g. Food Services
e.g. Activities
e.g. Housekeeping & Laundry
e.g. Maintenance
e.g. Utilities
e.g. Bad Debt

Draw Amount Requested
Dollar Difference from Scheduled Draws
Amount Approved (entered by HUD)
Escrow Balance

Month 14
Actual

0
0

Month 14
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 15
Actual

0
0

Month 15
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 16
Actual

0
0

Month 16
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 17
Actual

0
0

Month 17
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 18
Actual

0
0

Month 18
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 19
Actual

0
0

Month 19
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 20
Actual

0
0

Month 20
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 21
Actual

0
0

Month 21
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 22
Actual

0
0

Month 22
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 23
Actual

0
0

Month 23
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 24
Actual

0
0

Month 24
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

0.00
0

0
0

0
0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

IOD Base Requirement

$0
Actual Escrow IOD Amount

$0

Previous Versions Obsolete

DRAFT

form HUD-91128-ORCF (mm/yyyy)

U.S. Department of Housing and Urban Development
Office of Residential Care Facilities

Initial Operating Deficit Escrow Calculation
Section 232

OMB Approval No. 2502-0605
(exp. 06/30/2017)

0
Instructions: Use this tab to make draw
request from IOD escrow. Only modify
shaded blue cells. This worksheet is required
to be updated on a cash basis only.

Month 25
Actual

Ground Rent
Marketing and Promotion
Insurance (property & liability)
Real Estate (Property) Taxes
Management Fees
Replacement Reserves
Total Expenses
NOI
P+I
MIP
Income/Loss per Period
Cumulative Loss (actual is blue)

Month 25
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Expense Ratio
% of UW Expense
Occupancy
Debt Service Coverage Ratio

0.0%
0.0%
0.0%
#DIV/0!

Assisted Living
Memory Care
Skilled Nursing or Sub-Acute
Independent Living
Total Occupied Units
Total Resident Days
EGI
e.g. General & Administrative
e.g. Payroll Taxes and Benefits
e.g. Resident Care
e.g. Food Services
e.g. Activities
e.g. Housekeeping & Laundry
e.g. Maintenance
e.g. Utilities
e.g. Bad Debt

Draw Amount Requested
Dollar Difference from Scheduled Draws
Amount Approved (entered by HUD)
Escrow Balance

Month 26
Actual

0
0

Month 26
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 27
Actual

0
0

Month 27
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 28
Actual

0
0

Month 28
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 29
Actual

0
0

Month 29
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 30
Actual

0
0

Month 30
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 31
Actual

0
0

Month 31
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 32
Actual

0
0

Month 32
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 33
Actual

0
0

Month 33
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 34
Actual

0
0

Month 34
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

Month 35
Actual

0
0

Month 35
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0

Month 36
Forecast
0.00
0.00
0.00
0.00
0.00
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.0%
0.0%
0.0%
#DIV/0!

0.00
0

0
0

0.00
0

0
0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

IOD Base Requirement

$0
Actual Escrow IOD Amount

$0

Previous Versions Obsolete

DRAFT

form HUD-91128-ORCF (mm/yyyy)

Initial Operating Deficit Escrow Calculation
Section 232

Summary Exhibit

0

Prepared:

12/30/1899

Number of
Preleases
0.00
0.00
0.00
0.00
0.00

Avg. Monthly
Absorption
0.00
0.00
0.00
0.00
0.00

Rounded Operating Deficit Total:

$0

Occupancy Assumptions
Unit Type
Assisted Living
Memory Care
Skilled Nursing or Sub-Acute
Independent Living
Totals

Period
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
Month 13
Month 14
Month 15
Month 16
Month 17
Month 18
Month 19
Month 20
Month 21
Month 22
Month 23
Month 24
Month 25
Month 26
Month 27
Month 28
Month 29
Month 30
Month 31
Month 32
Month 33
Month 34
Month 35
Month 36

Occupied
Units
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

Previous versions obsolete

Total # Beds
0
0
0
0
0

Occupied
Percent
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!

UW
Occupancy
0.00%
0.00%
0.00%
0.00%
0.00%

Income
per Period
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0

Exp. & Mort.
per Period
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0

Income/Loss
per Period
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0

form HUD-91128-OHP (03/2018)