A Comprehensive Guide to Enhancements and Changes in HUD's Inspection Programs
HUD has developed a National Standards for the Physical Inspection of Real Estate (NSPIRE) model to update the physical inspection process. These new regulations go into effect in October of 2023.This model of the inspection was introduced by the HUD in response to concerns about the effectiveness of the REAC Inspections. REAC has not been updated for over 15 years. Now with 5th HUD’s release of the NSPIRE model it is imperative that one becomes familiar with how these changes will affect you and your property. The goal of the NSPIRE is to modernize and improve the inspection process of HUD-assisted properties with a stronger emphasis on health, safety, and functional aspects.
It is designed to be more resident-focused. It promotes transparency and collaboration among property owners, managers, and residents. This is the new “hot topic”. Since there are major changes to the inspection system (first change in over 15 years) it is imperative that managers and owners understand the nuances of the changes. It will affect them for years to come. It will be implanted in October of 2023.
Webinar Agenda
The new NSPIRE model will make it easier for owners and managers. They have combined the inspectable areas down from five to just three. It also focuses on self-inspections. The goal is to initiate a continuous maintenance plan at the property.
Webinar Highlights
- Purpose of REAC and NSPIRE
- New inspection process
- New scoring system
- New inspection frequency
Who Should Attend
- Property Managers
- Property owners
- Leasing Consultants
- Housing Authority Staff
- Compliance staff
- Developers
