| ID | Status | Date | Public/Private | Industry | AHACPA Contact |
|---|---|---|---|---|---|
| #7275 | Closed | public | Multifamily | Les Sparks |
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Hi. Can you send the breakdown as to how HUD is calculating the DSCR these days? I have a client that was notified by their servicer that HUD is asking why the DSCR is 0.72:1.0 and we’d like to try to figure out how they’re calculating it before responding. It seems as if they’re only focusing on the operations of the SNF, but we’re not sure yet. |
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From Les Sparks: The standard definition is net operating income divided by principal, interest and MIP. This ration has now been dropped from the newer Handbook 4323. |
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