On March 17th we made the decision to halt all on-site services due to the COVID-19 outbreak. At that time, we also recommended that our industry partners only enter apartments for emergency work orders from that point forward. Many in the industry adopted similar policies, which encouraged social distancing and reduced the overall exposure of […]
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A Vital Industry Returns to Work
On March 17th we made the decision to halt all on-site services due to the COVID-19 outbreak. At that time, we also recommended that our industry partners only enter apartments for emergency work orders from that point forward. Many in the industry adopted similar policies, which encouraged social distancing and reduced the overall exposure of […]
Read MoreUpdates on COVID-19 HUD Policies May 1, 2020
HUD released updates to their COVID-19 Question and Answer document on May 1, 2020. This updated Q&A addresses both changes to policies and procedures as well as clarifications to existing policies. Some of the updates relate to operational issues that affect such as TRACS vacancy claims, emergency evictions, food insecurity concerns, and handling income from COVID-19 […]
Read MoreMultifamily HUD Published Memorandum on New Procedures for PRAC Properties
On March 12, 2020, HUD’s Office of Multifamily Housing released a memorandum (click here to view) regarding budget-based rent increases for PRAC Properties. In July of 2019, increases in budget based rents at PRAC properties were temporarily suspended, with the exception of approving increases for core operating costs. Once the FY 2020 Appropriations bill was […]
Read MoreNew HUD Quality Assurance Process and Resident Notice Requirements
New Quality Assurance Inspection (QAI) Re-Inspection Process Earlier this month, HUD instituted a new Quality Assurance Inspection (QAI) process, which may be done within five (5) days of the REAC inspection. Effective February 3, 2020, REAC will be conducting Quality Assurance Inspection (QAI). A QAI is a re-inspection of a property by a federal inspector […]
Read MoreHUD to Implement New Resident Engagement Initiative as part of NSPIRE Demonstration.
Resident Involvement in REAC NSPIRE Inspection Process As part of the NSPIRE pilot process, HUD has announced that additional processes will be added to engage the residents in the REAC/NSPIRE process. You can read the press release on HUD’s website. The statement includes a new process for adding more units to an inspection sample in conjunction with […]
Read MoreDemonstration Program to Assess the National Standards for the Physical Inspection of Real Estate (NSPIRE)
On August 21, 2019, HUD published a set of proposed rules in the Federal Register “Notice of Demonstration To Assess the National Standards for the Physical Inspection of Real Estate and Associated Protocols 24 CFR Parts 5 and 200. This publication outlines the demonstration (pilot) program for NSPIRE, which is to start 60 days from […]
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