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This webinar will go into detail on the Uniform Physical Condition Standards (UPCS) property standard guidelines as well as the Real Estate Assessment Center (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 Low-Income Housing Tax Credit (LIHTC) properties so this session 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.
This will be a real-world course. It is just not textbook answers but solutions and examples of what is “real world”. Our expert speaker has much experience and will share through actual experiences to enhance learning.
One of the newer concepts is the frequency of inspections as well as the possibility of self- inspections.
The objective of the new ruling is to make the inspections more realistic. It focuses on the properties that truly need attention. Some of the properties that have a good track record of being well maintained will not need the thorough inspections so that the distressed properties can be reviewed closer and more often. Our expert speaker will explain the concepts and the actual rules.
There are practical,” real world” examples of HUD cases of not granting a reasonable accommodation request and the financial repercussions involved.
What are the latest updates to UPCS rules
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