REAC Inspection 2020 Updates

Duration: 60 minutes Speaker: Paul Flogstad

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ABOUT THE EVENT

Important Alert: Due to some medical emergency this webinar will now be done on March 05, 2020 at 2:30 pm Eastern Time

On October 24, 2018 HUD’s Office of Public Relations released a statement which discusses the future of physical inspections performed through the HUD Real Estate Assessment Center (REAC).  In this statement, HUD expresses the interest in an update to the REAC Inspection System, specifically in the scoring model. The memo states that “it has become clear that REAC’s 20 year old scoring system needs to be changed to better reflect the conditions of the properties where more than two million families call home.”

This seminar will go into detail on the UPCS property standard guidelines as well as the Real Estate Assessment Canter (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 LIHTC properties so this course 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.

Areas Covered

  • What to expect in New REAC
  • What are the latest updates to UPCS rules
  • How are these rules interpreted
  • How often will we be inspected?
  • What do the scores mean?
  • What are my rights during an inspection?
  • What are Exigent Health and Safety Items and how are they mitigated?
  • How do I get a copy of the report?

Learning Objectives

  • You will come away with an understanding of the rules pertaining to REAC as well as the entire inspection process.
  • This should be mandatory attendance for anyone involved in property management. This is an important inspection and you should learn what needs to be done in preparation for the inspection, what the rules are for correcting deficiencies and the time lines involved.

Who Should Attend

  • Property Managers
  • Property Owners
  • Maintenance Staff
  • Tenant Association Members
  • Lenders
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Paul Flogstad

Paul has been involved in the real estate industry for the past 38 years. He has been involved in sales, construction, project management, appraisal, property management and property management consulting/training.

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 which are presented to property management companies, apartment associations and the general public nationwide. Most recently, he has been a consultant to the State of South Dakota. In this assignment he has developed a fair housing awareness program that is one of the first of its kind in the nation. It involves a three pronged approach to fair housing awareness. This approach makes use of an ombudsman concept and has proven to be very effective in dealing with discrimination and landlord/tenant issues.

For over twenty years he was involved in appraisal of residential, multi-family, farm and commercial properties throughout the Midwest. Most recently, he was a consultant for affordable, multi-housing properties in 22 different states. This involved properties in HUD, Rural Development, HOME and Tax Credit programs.

He holds numerous professional property management designations and currently holds the prestigious RHM designation from the National Center for Housing Management.

Paul was previously Vice President of the South Dakota Multi-Housing Association, Vice Chairman of the Minnehaha County Housing and Redevelopment Commission, and Chairman of the Sioux Falls Property Appeals Board. In 2009, he received the Outstanding Educator of the Year award from the South Dakota Multi-Housing Association.

Paul just authored a book which was released in January of 2015. It is titled: “Fair Housing: What Everyone Should Know”. This is a comprehensive book about the fair housing written with a property manager’s perspective and with real world examples. It is a great resource for anyone.

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Subjects: REAC

Testimonials

What people are saying about us


Elizabeth Jeffery

Client

The speaker was extremely knowledgeable. Speaker moved the program forward at a good pace. The time flew by.


Monica

Client

The knowledge that the presenter shared. Her enthusiasm was awesome!


Sarah Blanos

Client

The speaker was very interactive and made it fun.


Linda

Client

Very informative. Deliverance was great. She was very knowledgeable about the subject


Patricia

Client

Showing examples in pictures was really helpful. Instructor was knowledgeable, easy to understand.


David

Client

The instructor's ability to explain different findings and her ability to relate to them. Her knowledge and experience are game-changer and will help us keep a high score.

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