A CNA is required for the entire property, including both existing units and any proposed addition. The portion of the property already existing and not proposed for substantial rehabilitation should be
evaluated in the same manner as for existing buildings in a refinance application to identify and define any existing critical or non-critical repair needs as well as future needs. These identified critical and noncritical repairs should be included in the loan amount and the approved construction scope of work. Such repairs should be documented with plans and specifications consistent with the applicable classification of work
Greg Hunter Changed status to publish February 9, 2021