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HUD REAC Releases Details of Return to Operations Plan

On August 10, 2020, HUD REAC released a memorandum that detailed the Return to Operations plan for inspections. This memo describes a specific three-phase process for any property to be inspected, including (1) prioritization and evaluation, (2) finalization and notification, (3) inspection and release of results. In this process, REAC has identified a way to […]

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08.11.2020
Scott Precourt | REAC Inspections

HUD REAC Releases Details of Return to Operations Plan

On August 10, 2020, HUD REAC released a memorandum that detailed the Return to Operations plan for inspections. This memo describes a specific three-phase process for any property to be inspected, including (1) prioritization and evaluation, (2) finalization and notification, (3) inspection and release of results. In this process, REAC has identified a way to […]

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08.07.2020
Scott Precourt | REAC Inspections

HUD Secretary Announces Resumption of REAC Inspections

(the following was released by HUD on 8/7/20 at 11 AM) WASHINGTON – U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson announced today the Department will resume Real Estate Assessment Center (REAC) inspections of HUD multifamily and public housing properties and units under strict safety protocols during the national recovery from the […]

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07.29.2020
Scott Precourt | Uncategorized

Saying the Quiet Part Loud – Ending AFFH and Restoring NIMBY

In the last few weeks, HUD ended the Affirmatively Furthering Fair Housing (AFFH) initiative started under the previous administration. The rationale was that AFFH created administrative burdens and that the goals could be better achieved through utilizing opportunity zones. While I think that logic is flawed, it could be seen as at least somewhat based […]

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07.20.2020
Scott Precourt | REAC Inspections

Update on HUD REAC Safety First Return to Operations Plan

NAHMA hosted a call last week on July 17, 2020, with HUD REAC’s Deputy Assistant Secretary, David Vargas, to discuss REAC’s Return to Operations and Safety First plan. Previously the plan was to include an announcement on or around July 15th. However, due to the recent resurgence of COVID-19, HUD REAC is not able to announce […]

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07.09.2020
Scott Precourt | HUD and Tax Credit Compliance

HUD Provides Outline of a Return to MORs

On June 23, 2020, HUD released a memorandum titled “Status of Management and Occupancy Reviews performed by PBCAs,” which provides an outline to the resumption of Management and Occupancy Reviews (MORs) of Multifamily HUD Properties.  This memorandum is a supplemental addition to the HUD memo dated 5/22/2020, which generally lifted the suspension of MORs, subject […]

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07.09.2020
Scott Precourt | HUD and Tax Credit Compliance

Changes to Processing Vacancy Special Claims During COVID-19

On July 6, 2020, HUD released a memo titled “Processing of Special Claims for Vacancy During the COVID-19 Pandemic“. Due to workplace restrictions and stay-at-home orders during this pandemic, multifamily housing managers are experiencing issues with routine activities such as preparing the unit for occupancy,  showing units to prospective tenants, and processing documentation to determine […]

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