NAHMA HUD Update: MFH Risk Rating Summary Sheet and Suspension of Global MORs

NAHMA HUD Update: MFH Risk Rating Summary Sheet and Suspension of Global MORs

1.       Please find here the HUD Multifamily Risk Rating Summary sheet used for troubled properties. Over 29,000 active MF assets are rated according to the scale in the attached sheet.

2.       HUD HQ Update on Suspending Global MORs – The HUD MF Leadership Team provided the following message for NAMHA members: “Thank you again for the opportunity to address your members at your fall conference last month. During Q&A, it was brought to our attention that the Detroit Multifamily office was issuing global MORS. We wanted to let you know that this practice is being suspended while we discuss potential solutions for greater consistency in that process. Any questions in the meantime should be directed to Brian Murray.”