| New Year readiness in REAC, EIV & APPS | |
Start the New Year off right and assure you can access the reports and reporting that you need in the HUD Secure System in 2014:
- Auditors needing FASS access should log in to the system with their User ID to assure that they have not been terminated for inactivity
- If a property has a new owner, Coordinators should check in Property Assignment Maintenance to assure that they have access under the new Tax ID # for the property or they will have problems accessing data in REAC and EIV
- Non-profits should check their board listing in APPS and report any changes to HUD via an e2530 Organization Change
- Coordinators must assure they (and their Users) have the IMM Role for each property so they can retrieve REAC Inspection Reports under the PASS New System
We receive numerous calls from folks with access and reporting problems - big and small. To help out our readers this year, see Helpful Tips below for more details on troubleshooting the above problems.
If you would like our personal assistance with the above or any other HUD Secure System matter, contact Denise Murphy Edwards for pricing details.
Murphy Consulting stays on top of HUD updates and changes!.
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| REAC Tip of the Month | |
Did you know?
By now, everyone knows about the global 30 day extension to file financials electronically in the FASS system for 12/31 FYE filers. A lesser advertised milestone is the long awaited change to FASS Flagging procedures for Failure to File Financials.
The automatic system generated Flag that appears on the record of the owner and its principals when financials are not filed by the deadline will now be resolved automatically when the late filing actually occurs.
A big Thank You to HUD for addressing this industry concern!
Murphy Consulting provides tips, tricks and troubleshooting assistance!
Call us today for help with your APPS and HUD 2530 work. (410) 821-6953
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| APPS Tip of the Month | |
Did you know?
The December APPS release corrected some glitches, made improvements on the HUD processing side and clarified functionality for Users and Coordinators. If you had problems with functionality prior to the holidays, be sure to check APPS again in the new year.
The retrieved score function is working, there is now a Create Baseline election and important notes appear such as "comments inserted here will not be carried through to a submission." Many key functions were also improved on the HUD processing side of the system as well.
Murphy Consulting can help you with all your HUD 2530 & APPS needs! Call us today (410) 821-6953 |
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Training & Services
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Outsourced APPS Coordinator services are available for e2530 submissions in APPS. Call (410) 821-6953 or email for details and pricing. (Fees based on org structure and submissions needed.)
EIV Coordinator or User Access help is available for new Coordinators/Users or existing ones - ID application, EIV access, HUD security requirements and access troubleshooting. (Reasonable fixed fee pricing.)
Owners, Management Agents and Non-Profits may opt for one-on-one APPS processing help via webinar for their in-house Coordinators or Users
Professional Organizations may arrange for a presentation at their Conference or Annual Meeting.
For Lenders - We offer Outsourced APPS Coordinator services.
Contact Denise Murphy Edwards at (410) 821-6953 to discuss options.
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Denise Murphy Edwards is a nationally renowned speaker, APPS/2530 expert and HUD Secure System Specialist. With a reputation as a lively and informative presenter, she has trained thousands of multifamily housing professionals, presenting nationally for NLHA and Leading Age, and regionally for AHMA, NAHRO, ELA and others.
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| Helpful Tips | |
Below are some troubleshooting tips related to the issues outlined in our article New Year Readiness, above.
- If you are unable to log in to the HUD Secure System, call the REAC Technical Assistance Center at 1-888-245-4860. They are available to help with lockouts and ID terminations Monday thru Friday from 7:00 am until 8:30pm eastern time.
- Coordinators who check in Property Assignment Maintenance and do not see the Property listed for assignments, should 1st confirm that they received and entered the Access Key Code. If so, they should contact the HUD Project Manager or Account Executive to confirm that IREMs was updated after the closing to reflect the new owner.
- Coordinators or Users with APPS access to their non-profit corporation, should view the Organization Tier Report under the Reports menu in APPS to determine the most recent e2530 reporting.
- The IMM role can be assigned to Coordinators and Users in User Maintenance under Maintain User Profile - Roles. Then Coordinators can assign this role to a User and a property in Property Assignment Maintenance.
If you would like our personal assistance with the above or any other HUD Secure System matter, contact Denise Murphy Edwards for pricing details.
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Where you can find us!
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Palm Springs California
Jan. 29th - 31st
NLHA Conference
Speaker: HUD 2530 & APPS
Baltimore Maryland
March 10th - 12th
Eastern Lenders Association
Speaker: 2530, APPS and ITIN issues
San Francisco, California
April 24th - 25th
Western Lenders Conference
Indianapolis, Indiana
July 9th
Affordable Housing Association of Indiana
1/2 day Training Class:
EIV Coordinators
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Learn from Denise | |
If you would like to have Denise Murphy Edwards speak at your next conference or annual meeting on APPS or the HUD 2530, give us a call at (410) 821-6953
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Attention Tax Credit Investors
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If you are a Syndicator or a Tax Credit Investor in a LIHTC transaction, make sure you are using the most recent version of the LLCI for your 2530 exclusion.
The newest version of the LLCI can be found here! |
| Quick Links | |
New FASSUB System release December 6th follows the new Consolidated Audit Guide
Selected Useful Links can now be found on our web site. Click here for a host of free resources. |
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Archives of
APPS & REAC
News and Notes
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Archives of past issues of this e-newsletter, APPS & REAC News and Notes, are available on our web site. Click here. |
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