Below is the transcription of the video regarding NSPIRE changes:

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0:02 [Music]
0:05 Hi, welcome to today's Tuesday tip.
0:07 Today's tip is on the new NSPIRE protocol. An announcement was posted to the Federal Register which affects multi-family participants in the NSPIRE demonstration (0:10 - 0:20).
0:21 NSPIRE aligns multiple HUD programs to a single set of inspection standards so that the same expectations of housing quality can be achieved across all of the HUD programs (0:21 - 0:37).
0:39 HUD has announced that as of October 1st, 2023, NSPIRE will officially replace UPCS as the inspection protocol used by REAC inspectors and will update the 24 CFR 902.20 to reference NSPIRE as the inspection protocol used by multi-family HUD and public and Indian housing (0:39 - 1:07).
1:09 Once the change has officially been adopted, owners and management agents will have a new standard of decent, safe, and sanitary housing as a guideline to meet physical standards (1:09 - 1:21).
1:21 According to our good friend Kathy Markin, the director of HUD Asset Services who we've had here on Tuesday tips before, NSPIRE will include several new requirements for properties such as carbon monoxide detectors; it also includes a reduction of certain other inspection requirements (1:21 - 1:45).
1:46 Tune in for more on NSPIRE, what to expect, what to look for, and NSPIRE news in our future Tuesday tips (1:46 - 1:53).
1:54 Next week, our Tuesday tip will be on HUD HOTMA changes, which is going to be one of the most extreme set of industry changes that we've had since EIV (1:54 - 2:09).
2:09 We look forward to seeing you then. Thanks for tuning in, and see you next week for another Tuesday tip (2:09 - 2:13).
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