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HUD Announces $10.3 Billion in Grants for Housing and Community Development

On May 17, 2022, HUD announced more than 10 Billion in grants for housing and community development grants. This includes much needed investments in new affordable housing, tribal housing, as well as long overdue capital fund investment for public housing modernization. “This funding is an investment in our communities and provides important services to some […]

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05.18.2022
Scott Precourt | HUD and Tax Credit Compliance

HUD Announces $10.3 Billion in Grants for Housing and Community Development

On May 17, 2022, HUD announced more than 10 Billion in grants for housing and community development grants. This includes much needed investments in new affordable housing, tribal housing, as well as long overdue capital fund investment for public housing modernization. “This funding is an investment in our communities and provides important services to some […]

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02.23.2022
Scott Precourt | REAC Inspections

Resident, Owner, and Agent’s Rights for REAC Inspections During the Pandemic

In response to inquiries, Multifamily Housing has received regarding the COVID-19 pandemic and REAC inspections, HUD created this flyer. The flyer outlines the rights and obligations of residents, owners, and agents when a REAC inspection is scheduled. This includes: Residents have the right to decline to have their unit inspected as part of a REAC inspection […]

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02.02.2022
Scott Precourt | HUD and Tax Credit Compliance

HUD Announces New Rule for Carbon Monoxide Alarms

On January 31, 2022, HUD issued a notice (PIH Notice 2022-01), announcing that HUD will enforce the installation of carbon monoxide alarms or detectors in HUD-assisted housing by December 27, 2022. Essentially, this is the action plan of applying a law passed several years ago that required all HUD housing to meet or exceed carbon […]

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02.02.2022
Scott Precourt | HUD and Tax Credit Compliance

HUD Announces Rule for Carbon Monoxide Detection

On January 31, 2022, HUD issued a notice (PIH Notice 2022-01), announcing that HUD will enforce the installation of carbon monoxide alarms or detectors in HUD-assisted housing by December 27, 2022. Essentially, this is the action plan of applying a law passed several years ago that required all HUD housing to meet or exceed carbon […]

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11.14.2021
Scott Precourt | REAC Inspections

HUD’s Big Inspection Plan to Catch Up on Past Due REACs

HUD has created a “Return To Operations 2.0″ for REAC Inspections that attempts to address the backlog of REAC Inspections that accumulated during COVID. This Return to Operations includes the ” Big Inspection Plan”, which lays out a map towards addressing the tremendous inspection need. You can download a presentation from HUD REAC Secretary Ashlee […]

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09.28.2021
Scott Precourt | REAC Inspections

NSPIRE Demonstration Program Extended Until 2023

An update was published in the Federal Register (24 CFR Parts 5 and 200 [Docket No. FR–6160–N–02]), September 28, 2021, “Notice of Continuation of Demonstration To Assess the National Standards for the Physical Inspection of Real Estate and Associated Protocols“. Through this notification, HUD announces the continuation of the Demonstration to Assess the National Standards for […]

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