HUD’s Office of Multifamily Housing Programs released 25 revised versions of the GRRP closing documents that incorporate changes made in Housing Notice 2026-01, including new documents for the Comprehensive cohort.
- The latest versions are located in HUD’s Greenlight System in “GRRP Resources.”
- To minimize version control issues, the revised documents all include a footer that says “Version: May 2026.”
- All Awardees submitting a draft closing package in Greenlight on or after June 15, 2026 must use the latest versions of the templates and documents.
- Awardees that are currently in closing have the option to switch to the updated documents before closing and should discuss any proposed document changes with your assigned GRRP Closing Coordinator.
- Additional guidance on the Transaction Plan and Closing process will be available soon.
List of Revised GRRP Closing Documents:
- GRRP Use Agreement
- Agreement to Subordinate to GRRP Use Agreement
- Agreement to Subordinate to GRRP Surplus Cash Loan
- Agreement to Subordinate GRRP Surplus Cash Loan to First Mortgage
- GRRP Surplus Cash Mortgage/Deed of Trust/Security Instrument
- GRRP Surplus Cash Note
- GRRP Certification and Assurances
- GRRP Owner Completion Guaranty
- GRRP Counsel Opinion
- Sample template: Consent to Participate in GRRP for existing lenders/lien holders
- Addendum to Project Based Section 8 HAP Contract for GRRP Shared Savings Retainer
- Addendum to Project Based Section 8 HAP Contract for GRRP
- Comprehensive Construction Commitment (New!)
- Comprehensive Consolidated Owner Certification (New!)
- Comprehensive Surplus Cash Loan Agreement (New!)
- Comprehensive Closing Checklist (New!)
- Comprehensive Transaction Plan Narrative (New!)
- Comprehensive Relocation Checklist (New!)
- Leading Edge Commitment
- Leading Edge Surplus Cash Loan Agreement
- Leading Edge Grant Agreement
- Memorandum of Unrecorded GRRP Grant Agreement
- Leading Edge Consolidated Owner Certification
- Elements Surplus Cash Loan Agreement
- Elements Consolidated Owner Certification
Upcoming Important Dates:
- June 15: New closing package submissions must use revised closing documents.
- June 29: Leading Edge Transaction Plans due.
- July 8, 3-4 p.m. ET: Join the next training session for Comprehensive awardees on the Transaction Plan.
Please contact [email protected] with any questions.