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 APPS & REAC
News and Notes 
your free monthly e-newsletter for
HUD news, APPS help and REAC info
Volume 4 Issue 10

October 7, 2011

published by Murphy Consulting 
Making the Complex Comprehensible
www.MurphyConsultingSvs.com
In This Issue
What's New - Housing Notices
APPS Tip - Flag for Incomplete 2530's
REAC Tip - Inspection Release Dates
APPS & HUD 2530 Training
Helpful Links
What's New - Housing Notices
 
New Housing Notices are posted on-line routinely at www.hud.gov.  Industry partners should watch the HUD Notices page for new postings that affect their business and daily operations at HUD properties.
 
Some recent notices of note include:
  • 2011-27: the expansion of REAC authority to approve or deny AFS stub period waivers
  • 2011-25: EIV & You brochure clarification on requirements and use
  • 2011-24: reissuance of protocol for placing HUD Flags for failing REAC scores
  • 2011-22: revised procedures for requesting REAC reinspection
For a link to these and other notices, see our Helpful Links below.

Stay on top of HUD changes.  See our web site to find out how Murphy Consulting can help you!
APPS Tip - Flag for Incomplete 2530
 
Did you know? 

HUD can place a Flag on the record of both the Owner and Management Agent if non-profit owners fail to obtain HUD 2530 approval every time a new Board Member or Officer is elected.

Instances of these HUD Flags are on the rise in 2011, as HUD embarks on a nationwide mission to bring non-profits into compliance.  CA's are advised to verify 2530 approval at MOR's. HUD PM's are advised to confirm compliance before approving a Rent Increase or HAP Contract renewal.

Don't be caught out of compliance.  Call Murphy Consulting for help.
(410) 821-6953
REAC Tip - Inspection Reports
 
Did you know?

Multifamily REAC Inspection Reports are released in the PASS system on Thursdays and Fridays. 

Be sure to log into the HUD Secure System and go to the Physical Assessment Subsystem to download your full REAC Inspection Report on the Thursday or Friday following your inspection.  These reports are an important tool to use for on-going maintenance and capital needs planning.

Contact Murphy Consulting for a referral to a qualified REAC Inspection firm who can help you prepare, mitigate and succeed on your next inspection.  Call (410) 821-6953 or email us today.
Upcoming TRAINING

 

Advanced APPS Class

You asked and we listened.  Experienced APPS Users and Coordinators can take a 2 hour Webinar Class designed to provide insight and assistance with the upper level functions in APPS

2 hour Interactive Webinar training

October 10th, 2011

2:00 PM - 4:00 PM (Eastern Time)

Click here for details

3 spaces left !

 

 

HUD 2530, APPS & HUD Flags

This full day class includes our special presentations on monitoring and resolving HUD Flags and a peek inside HUD 2530 approval processing.

  • We are considering 1 more 2530 & APPS class in 2011, for the 1st week in December - Let us know where you would like us to come.

NEW Class Schedule for 1st Quarter 2012 will be posted soon - watch our web site or this e-news for details!

 

Instructor:

Denise Murphy is a nationally renowned speaker, HUD Secure System Specialist and APPS expert.  With a reputation as a lively and informative presenter, she has trained thousands of multifamily housing professionals, having presented for nationally for NLHA and AAHSA, and regionally for AHMA, NAHRO and others.

  

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Quote of the Month 
 
"Its on the fast track . . . in HUD time that's six months." 

~ heard on a panel at a HUD conference
 

HUD 2530  -

Does that mean me?

 

 
HUD will verify you have a current and accurate HUD 2530 on file at Contract Renewal and even hold up your Rent Increase.
 
Any time principals of the owner or management agent change (and that means new board members on the non-profit boards) an updated  2530 filing is required.
  
Don't get caught out of compliance!
 
 

Archives Available of APPS & REAC 

 

 

Back issues of our e-news, APPS & REAC News and Notes are available on-line. Click here

 

Helpful Links

 

HUD Notices:
 
 
H2011-22 - REAC Reinspection Requests
 
 
H2011-24 - REAC Flagging Protocol
 
 
H2011-25 - EIV & You Distribution and Use
 
 
H2011-27 - AFS Stub Period Waiver updates
 
 
Other Helpful Links:
 
Link HERE for: What's New on HUD Clips 
 
 
Click here for the APPS Glossary of Terms
 
Murphy Consulting, LLC
111 Marburth Avenue, Baltimore, Maryland 21286
www.MurphyConsultingSvs.com
410-821-6953