HUD has changed the documentation requirements for “Database Adjustments – Modernization Work in Progress” appeals. Properties and developments undergoing modernization work may qualify for a database adjustment for observed deficiencies actively being worked on at the time of the inspection. Here is the supporting documentation required: An execut
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Postponing a REAC Inspection
HUD released a memo outlining the justifications to postpone/delay your REAC inspection. The acceptable grounds for requesting a delay: Major Rehab: Major rehab is defined as recapitalization (i.e. refinance, LIHTC allocation, etc.) with a total cost of at least $15,000 per unit. Most importantly, this request for postponement MUST be submitted PR