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REAC- New Update

  • Training Type Recorded Webinar
  • Presenter Paul Flogstad
  • Topic Real Estate
  • Schedule Jun 29, 2023
  • Timing 1:00 PM EDT
  • Duration 60 minutes
Registration Options
Recording $229
Recording & Transcript $399
Transcript $229
DVD $299
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Description

HUD has developed an INSPIRE 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.

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.

Learning Objectives:-

REAC has not been updated for over 15 years. Now wit5h HUD’s release of the INSPIRE model it is imperative that one becomes familiar with how these changes will affect you and your property.

  • This is the new “hot topic”. Since there are major changes to the inspection system (the 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.

Areas Covered:-

  • Purpose of REAC and INSPIRE
  • New inspection process
  • New scoring system
  • New inspection frequency

Background:-

HUD’s Real Estate Assessment Center (REAC) assists in improving housing quality by performing accurate, credible, and reliable assessments of HUD’s real estate portfolio. REAC’s primary mission is to provide our customers with independent, actionable assessments that advance risk-informed decisions about the condition of the nation’s affordable housing portfolio.

Why Should You Attend?

The new NSPIRE model prioritizes health, safety, and functional defects over appearance. It implements inspections that better reflect the true physical conditions of the property. The NSPIRE model supports the adoption of sound, year-round maintenance practices.

Who Will Benefit?

  • Property Managers
  • Property owners
  • Leasing Consultants
  • Housing Authority Staff
  • Compliance staff
  • Developers
Registration Options
Recording $229
Recording & Transcript $399
Transcript $229
DVD $299
Bulk Registration?

Any Organization, Institution or Group User can register

Registration Form support@webinaraxis.com
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Access Information for Live Session will be emailed to you 12 hours prior the live date.

Access Information for On-Demand, and Transcript will be emailed to you 24 hours post of the live session.

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Speaker
Paul Flogstad

Paul Flogstad

Paul has been involved in the real estate industry for the past 38 years. He has been involved in many facets of the real estate industry including sales, appraisal, and property management. 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 that are presented to property management companies, apartment associations, and the general public nationwide. He is in demand as a speaker and subject matter expert on fair housing issues. He has authored a book on fair housing and is an expert in many court jurisdictions

He also does compliance training in HUD, tax credits, and rural development programs. At one time in his career, he was a consultant to a national property management firm responsible for properties located in 22 different states. He is called on to do new manager training for many property management companies.


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