This would be referred to as an equity credit. During the project review, complete Form D1 for equity credit and provide invoices, paid receipts, cancelled checks to coincide with the form. The items paid for must be on the itemized budget. The borrower will receive equity credit only, as a borrower cannot receive both equity credit and reimbursement. Equity credit reduces the total amount owed to the builder/contractor. If the borrower wishes to receive reimbursement, see under “After Closing” Section.