search
Contact Us - Short Form

How can we help you?

  • This field is for validation purposes and should be left unchanged.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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 […]

Continue Reading
Category:
Authors:
05.20.2020
Scott Precourt | Uncategorized

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 More
05.02.2020
Scott Precourt | HUD and Tax Credit Compliance

Updates 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 More
03.16.2020
Scott Precourt | Capital Needs Assessments

Multifamily 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 More
02.17.2020
Scott Precourt | REAC Inspections

New 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 More
01.13.2020
Scott Precourt | REAC Inspections

HUD 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 More
08.24.2019
Scott Precourt | REAC Inspections

Demonstration 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 […]

Read More
Contact Us Now