Form HUD-52427 Actual Development Cost Certificate

What Is Form HUD-52427?

This is a legal form that was released by the U.S. Department of Housing and Urban Development on January 1, 2014 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form HUD-52427?
A: Form HUD-52427 is the Actual Development Cost Certificate.

Q: What is the purpose of Form HUD-52427?
A: The purpose of Form HUD-52427 is to provide a detailed breakdown of the actual costs incurred in the development of a housing project.

Q: Who needs to complete Form HUD-52427?
A: Developers or sponsors of federally-assisted housing projects need to complete Form HUD-52427.

Q: When should Form HUD-52427 be completed?
A: Form HUD-52427 should be completed after the completion of the development and before the final closing of the project.

Q: What information is required in Form HUD-52427?
A: Form HUD-52427 requires detailed information on the actual development costs, including land costs, construction costs, financing fees, and other related expenses.

Q: Is there a deadline for submitting Form HUD-52427?
A: Yes, there is a deadline for submitting Form HUD-52427. The specific deadline will depend on the requirements set by HUD or the applicable program regulations.

Q: Are there any penalties for not submitting Form HUD-52427?
A: Failure to submit Form HUD-52427 or providing false information may result in penalties, including the termination or adjustment of funding for the housing project.