Hud 2530 Form – Fill Out and Use This PDF

Reason for submitting this Certification: e.g., refinance, change in ownership, change in management agent, transfer of physical assets, etc. In Block 1, fill in the name of the agency to which you are applying and the name of the city where the office is located.

In Block 2, fill in the name of the project, such as "Greenwood Apts." If the name has not yet been selected, write "Name unknown." Also enter the HUD contract or project identification number, the Farmers Home Administration project number, or the State or local housing finance agency project or contract number. Also enter the name of the city in which the project is located, and the ZIP Code.

In Block 3, Loan or Contract amount, fill in the dollar amount requested in the proposed mortgage, or the annual amount of rental assistance requested.

In Block 4, fill in the number of apartment units proposed, such as "40 units." For hospital projects or nursing homes, fill in the number of beds proposed, such as "100 beds."

In Block 5, fill in the section of the Housing Act under which the application is filed.

For Type of Project, check one: Existing, Rehabilitation or Proposed (New).

Under Name and address of Principals and Affiliates, list all proposed Principals and attach organization chart for all organizations, entering each name as Last, First, Middle Initial.

In Block 8, Role of Each Principal in Project, beside the name of each principal, fill in the appropriate role, such as Owner/Mortgagor, Managing Agent, Sponsor, Developer, General Contractor, Packager, Consultant or Nursing Home Administrator. In Block 9, SSN or IRS Employer Number, fill in the Social Security Number or IRS employer number of every principal listed, including affiliates.

You must provide all of the information requested in this application, including your SSN.

After you have completed all other parts of form HUD-2530, including schedule A, read the Certification carefully.

HUD will prosecute false claims and statements. Conviction may result in criminal and/or civil penalties.

In the box below the statement of the certification, fill in the names of all principals and affiliates as listed in block 7.

All principals and affiliates must personally sign the certificate except in the following situation. When a corporation is a principal, all of its officers, directors, trustees and stockholders with 10 percent or more of the common (voting) stock need not sign personally if they all have the same record to report.

Each principal who signs the form should fill in the date of the signature and a telephone number.

If you cannot certify and sign the certification as it is printed because some statements do not correctly describe your record, use a pen to strike through those parts that differ with your record, and then sign and certify. Attach a signed statement of explanation of the items you have struck out on the certification.

Under This form prepared by (print name), print name and enter the Area Code and Tel. No.

Failure to provide any of the information will result in your disapproval of participation in this HUD program.

All Multifamily Housing projects involving HUD/ FmHA, and State and local Housing Finance Agencies in which you have previously participated must be listed.

Applicants are reminded that previous participation pertains to the individual principal within an entity as well as the entity itself. A newly formed company may not have previous participation, but the principals within the company may have had extensive participation and disclosure of that activity is required.

If no previous projects, write by your name, "No previous participation, First Experience".

In Column 2, all previous projects must be listed or your certification cannot be processed. Include the name of all projects, project number, city where it is located and the governmental agency (HUD, USDA-FmHA or state or local housing finance agency) that was involved.

In Column 3, list the role(s) as a principal, dates participated and if fee or identity of interest (IOI) with owners.

In Column 4, indicate the current status of the loan. Except for current loan, the date associated with the status is required. Loans under a workout arrangement are considered assigned. For all noncurrent loans, an explanation of the status is required.

In Column 5, explain any project defaults during your participation.

In Column 6, provide the latest Management Review (MOR) rating and Physical Inspection score.

The names of Public Housing Agencies, tenants, owners of less than five condominium or cooperative units and all others whose interests were acquired by inheritance or court order do not need to be listed on form HUD-2530.

If approval of your participation in a HUD project is denied, withheld, or conditionally granted on the basis of your record of previous participation, you will be notified by the HUD Office.

You may request reconsideration by the HUD Review Committee. Alternatively, you may request a hearing before a Hearing Officer. Either request must be made in writing within 30 days from your receipt of the notice of determination.

Form HUD-2530 is the Previous Participation Certification of the Department of Housing and Urban Development. HUD requires that you certify your record of previous participation by completing and signing this form, before your project application or participation can be approved.

Where and When Form HUD-2530 Must Be Filed: the original of this form must be submitted to the HUD Office where your project application will be processed at the same time you file your initial project application.