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CNA for BBRI
For the first CNA used for the budget-based rent increase request, as long as the recommendations were similar to the second, does it need to be MAP compliant?A CNA submitted with a PRAC budget-based rent adjustment and corresponding increase to the Reserve for Replacement is required to be MAP compliant if the requested annual reserve deposit is greater than $250 per unit per year.
CNA Required on RAD for PRAC?
Currently, HUD does not require owners use the CNA e-tool for PRACs when owners request an increase to R4R deposits at their annual PRAC renewal and rent adjustment through OAMPO. Does the Office of Recap require the CNA e-tool if the project is converting under RAD?The CNA e-tool is preferred but not required for PRAC conversions. HUD requires the CNA submitted with the RAD Conversion Plan be prepared in accordance with the instructions at Appendix 5G of the MAP Guide.