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HUD
Project Operating Procedural Manuals
HUD SWAT Alert
The
U.S. Department of Housing and Urban Development (HUD) is in a state of change.
HUD Multifamily Subsidized Programs will no longer be as we know it.
HUD
is reviewing the condition of their subsidized housing portfolio. Projects
designated by the local HUD Field Offices as "troubled", and maybe not
troubled, are being targeted for comprehensive review of management practices
and physical conditions. As you know, HUD is dispatching Special Workout
Assistance Teams (SWAT) throughout the country to carry out this task. HUD is
enforcing provisions of Regulatory Agreements and Section 8 Housing Assistance
(HAP) Contracts, which have not been looked at seriously in the past. If you are
targeted for a SWAT inspection, it could result in serious consequences if you
are not in compliance with these contracts and your Regulatory Agreement. Some
of my clients are facing administrative actions, such as, HUD requiring the
mortgagee to accelerate the mortgage, being faced with money penalties, and/or
suspension of Section 8 payments. It is important that you have good records and
are in compliance with all HUD outstanding instructions, HUD Regulations and any
Contract between your organization and HUD.
There
are areas that most owners and agents are weak in documentation. I can provide
you with a generic Operating Procedural Manual (Maintenance & Occupancy
Manuals), that need editing. They are not usable in their present forms.
Order copies
by Mail Form
Date Updated:
09/27/2023 03:40:48 AM |
