Rehabilitation
construction must begin within 30 days after the execution of the Rehabilitation
Loan Agreement. The work must be completed within the time period stated in the
Agreement (not more than six months).
|
| • | The
rehabilitation work is inspected by an FHA-approved inspector. Use Inspectors
to find an FHA-approved inspector (and inspector ID).
Note: For special instructions on streamline 203k cases, see Mortgagee Letters
2005-19 and 2005-50. |
| • |
Four inspections and a final inspection are permitted (five inspections
in all). The inspector completes the Compliance Inspection Report (form HUD-92051)
and the Draw Request (form HUD 9746-A). Use Inspector Assignment
to assign or reassign an inspector and record compliance inspection information
(inspector ID and date). |
| • | Funds
are released from the Rehabilitation Escrow Account after the work is inspected. |
Prior Task
