HUD-REAC 101: An overview and thorough explanation of the latest updates
Pre-Recorded
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Date
Nov 12, 2020 -
Time
13:00 PM EST -
Duration
90 Min
$159.00
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Summary:
This seminar will go
into detail on the UPCS property standard guidelines as well as the Real Estate
Assessment Canter (REAC) inspection process. It will contain information on the
latest rules and how they are interpreted during an inspection of the property.
The UPCS guidelines are required for LIHTC properties so this course will go
into detail so that you may remain in compliance. There will be a number of actual photos of
non- compliance items to give you a better understanding of the need for these
minimum standards. Learn how to schedule, how to accompany the inspector while
at your property and how to stop a REAC inspection in progress if need be.
What Will You Learn?
· What are the latest updates to UPCS rules
· How are these rules interpreted
· How often will we be inspected?
· What do the scores mean?
· What are my rights during an inspection?
· What are Exigent Health and Safety Items and how are they mitigated?
· How do I get a copy of the report?
· These are the prime areas to be covered in this session. There will be time for questions and answers
Benefits for attending:
· This will be a real world course. It is just not textbook answers but solutions and examples of what is “real world”. Instructor has much experience and will share through actual experiences to enhance learning.
· You will come away with an understanding of the rules pertaining to REAC as well as the entire inspection process.
· This should be mandatory attendance for anyone involved in property management. This is an important inspection and you should learn what needs to be done in preparation for the inspection, what the rules are for correcting deficiencies and the time lines involved.
What
Will You Achieve?
REAC is undergoing many
changes and this course will provide the latest updates. The new rulings with NSPIRE
are discussed in detail.
Who Should Attend?
· Owners
· Property managers
· Maintenance staff
· Housing Authorities
· Compliance Staff
· Developers
Paul has been involved in the
real estate industry for the past 38 years. He has been involved in sales,
construction, project management, appraisal, mortgage consulting and brokerage,
property management and property management consulting/training.
Through his consulting
company, Property Management Solutions, he provides training and consulting
services nationwide to owners, management companies, multi-housing
associations, as well as state and federal agencies.
He specializes in fair
housing issues and has developed fair housing and outreach programs for
governmental agencies as well as conducting seminars which are presented to
property management companies, apartment associations and the general public.
He also conducts research analysis for impediments to fair housing for grantees
of federal CDBG funds.
Most recently, he has been a
consultant to the City of Sioux Falls and the State of South Dakota. In this
assignment he has developed a fair housing awareness program that is one of the
first of its kind in the nation. It involves a three pronged approach to fair
housing awareness. This approach makes use of an ombudsman concept and has
proven to be very effective in dealing with discrimination and landlord/tenant
issues.
For over twenty years was
involved in appraisal of residential, multi-family, farm and commercial
properties throughout the Midwest. Most recently, he was a consultant for
affordable, multi-housing properties in 22 different states. This involved
properties in HUD, Rural Development, HOME and Tax Credit programs.
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