WebMar 9, 2024 · At a minimum, PHA staff should be trained on REAC inspection criteria, which don’t always seem to make common sense. A trip hazard in a stairwell might cost 0 points, while a trip hazard outside costs 7 points. A missing fire alarm in a unit may not cost any points, while a hole in the ground could cost 5-7 points. Summary WebNov 16, 2024 · HUD’s Real Estate Assessment Center (REAC) posted COVID-19 FAQs: Public & Multifamily Housing Property Inspections on November 11, posing 56 easy-to-read …
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WebHUD's Real Estate Assessment Center conducts physical property inspections of properties that are owned, insured or subsidized by HUD, including public housing and multifamily … WebNov 5, 2024 · Section 222 requires HUD to submit quarterly reports to Congress. The reports must include all projects that receive a REAC score of less than 60 or that receive an Unsatisfactory Management and Occupancy Review (MOR) within the prior 36 months. (MORs are detailed in Chapter 6 of HUD Handbook 4350.1 REV-1 CHG-2.) florida free look annuity
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WebAug 17, 2024 · REAC inspections are used to determine whether HUD-assisted properties meet federal standards of health, safety, and accessibility. HUD Secretary Ben Carson … WebThe U.S. Department of Housing and Urban Development (HUD) Real Estate Assessment Center (REAC) offers a range of REAC inspection definitional updates and clarifications at various places on its physical inspection protocol and information site . Real Estate Assessment Center (REAC) Scores are important. Improve your score! WebAug 26, 2024 · The NSPIRE model contains three major components: Three types of inspections: 1) self-inspections by PHAs and owners and agents of private, HUD-assisted multifamily housing, 2) inspections conducted by contractors and/or federal inspectors, and 3) inspections conducted solely by federal inspectors. florida free school lunch