Master Your Next Management & Occupancy Review (MOR)
Continue Reading Master Your Next Management & Occupancy Review (MOR)
Posted On: August 17, 2020
REAC inspections restart in less than two months. The Real Estate Assessment Center (REAC) will resume physical inspections around Monday, October 5, 2020. After that, REAC will notify owner/agents will begin on or around Monday, September 21, 2020, as part of the required 14-day notification period.
The U.S. Department of Housing and Urban Development is focused on the safety of residents and staff. As the REAC inspection process restarts. REAC will “prioritize inspections in states and localities based on the latest COVID-19 data.” from Johns Hopkins University. In addition, REAC will use the Harvard Global Health Institute’s health risk scoring methodology.
You can find a heat map of the United States on the REAC website. The map places states into one of four categories.
It’s important to note that inspectors will prioritize the properties with historically low REAC scores in Low-Risk localities. O/A can get an idea of whether their properties will receive notification by keeping up with the site.
REAC plans to list low-risk counties on the website 45 days before the start of physical inspections. Next, REAC will begin sending 14-day notifications “to inform families that an inspection will take place. Hence, the first outreach from inspectors to properties will start no earlier than September 21, 2020.”
Navigate Affordable Housing Partners has resumed Management and Occupancy Reviews in our four-state portfolio. You can find information about MORs by clicking the articles below.
Continue Reading Master Your Next Management & Occupancy Review (MOR)
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