NSPIRE Is Effective for Multifamily Housing Portfolio HUD hit a second milestone for the National Standards the Physical Inspection of Real Estate (NSPIRE) as the new standards are now effective for the Multifamily Housing portfolio as of October 1. Properties inspected by REAC will receive a 28-day notification before an inspection. The Multifamily portfolio effective date marks the second phase […]

The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced today that it has awarded $160.1 million in grants to non-profit organizations across the country to support the development of new or redeveloped affordable multifamily rental housing and ongoing project-based rental assistance for low-income seniors. “HUD is committed to addressing homelessness with urgency and ensuring […]

The Office of Multifamily Housing (MFH), in partnership with HUD’s Office of Public and Indian Housing (PIH), published Housing Notice 2023-10, Implementation Guidance: Sections 102 and 104 of the Housing Opportunity Through Modernization Act of 2016. You can read the guidance here. Please note the following: The Notice contains implementation guidance for everything but the Section 104 asset limitation. HUD will […]