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Affordable Housing Industry Updates, Changes to HUD, LIHTC, REAC, and USDA/RD Requirements

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Stay informed on new updates for the affordable housing industry.

Whether you work in HUD-assisted housing, Public Housing, Low Income Housing Tax Credits, or other housing programs – keeping up to date on new requirements is key to staying in compliance.

Whether you want to stay up to date on the latest updates about HUD REAC’s NSPIRE reforms, the Average Income Test for LIHTC Properties, or other updates – sign up for our newsletter to keep up to date.

Learn About New Training Opportunities

Our expert trainers regularly schedule webinars and live events to discuss new industry changes. Sign up for our newsletter to keep up on the new offerings. This includes LIHTC, USDA/RD, and HUD training with Amanda Lee Gross and Gary Kirkman and REAC and NSPIRE Training Options with Scott Precourt.

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Scott Precourt | REAC Inspections

NSPIRE Final Notice Delivered: Changes Abound

HUD has heard your comments on NSPIRE and has produced over 200 pages of text titled “Economic Growth Regulatory Relief and Consumer Protection Act: Implementation of National Standards for the Physical Inspection of Real Estate (NSPIRE).” This Final Notice addresses the public comments before the final rule is enacted on October 1. Or, for Public […]

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Scott Precourt | REAC Inspections

HUD Publishes NSPIRE Scoring Notice

HUD published the NSPIRE Scoring Notice requesting comments on the new scoring methodology.  As expected, the NSPIRE scoring methodology is considerably easier to understand and work with than under UPCS. HUD has developed the following table, which shall be applicable to all properties: The math is essentially as follows: For each of the categories above, […]

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Scott Precourt | REAC Inspections

HUD APPS Flagging Process May be Flawed, Says OIG Audit

HUD DID NOT SUFFICIENTLY FLAG UNACCEPTABLE PHYSICAL CONDITIONS SCORES What happens when a property fails a REAC Inspection? “A lot” is the short but not particularly helpful answer. Let’s expand on that. When a REAC score comes in under 60, the remediation process requires the owner/agent to take appropriate steps to improve living conditions for […]

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Scott Precourt | REAC Inspections

NSPIRE Demonstration Inspections to Receive Scores as of April 1st

HUD released an update to the Federal Register on January 24, 2023, which is scheduled to be officially published on January 25, 2023. In this notice, [Docket No. FR-6160-N-03], HUD clarified the following: Through this notification, HUD is informing Multifamily Housing program participants who are currently in this demonstration and have yet to receive an inspection of […]

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Scott Precourt | Uncategorized

HUD NSPIRE’s Impact on HOME, Housing Trust Fund, CPD, and LIHTC Programs

On October 1, 2023, the NSPIRE (National Standard for Physical Inspection of Real Estate) Inspection Protocol is scheduled to replace UPCS and HQS as the inspection protocols used on Multifamily and Public Housing HUD Inspections. Ending these decades-old inspection protocols and combining them into a single standard for both risk-based and results-based inspections will have […]

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Scott Precourt | REAC Inspections

All REAC Inspections to use NSPIRE Standards Starting October 2023

HUD’s NSPIRE changes to REAC are on pace to roll out as of October 1, 2023. On October 19th, our Founding Partner, Scott Precourt, participated in a panel discussion at the NLHA Conference in Washington, DC, and received an update on the demonstration program. The Deputy Assistant Secretary of HUD REAC shared NSPIRE’s advancements through […]

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