HUD has developed an INSPIRE model to update the physical inspection process. These new regulations go into effect in October of 2023.

This model of the inspection was introduced by the HUD in response to concerns about the effectiveness of the REAC Inspections.

The goal of the NSPIRE is to modernize and improve the inspection process of HUD-assisted properties with a stronger emphasis on health, safety, and functional aspects.

It is designed to be more resident-focused. It promotes transparency and collaboration among property owners, managers, and residents.

Learning Objectives:-

REAC has not been updated for over 15 years. Now wit5h HUD’s release of the INSPIRE model it is imperative that one becomes familiar with how these changes will affect you and your property.

• This is the new “hot topic”. Since there are major changes to the inspection system (the first change in over 15 years) it is imperative that managers and owners understand the nuances of the changes. It will affect them for years to come. It will be implanted in October of 2023.

Areas Covered:-

• Purpose of REAC and INSPIRE
• New inspection process
• New scoring system
• New inspection frequency

Background:-

HUD’s Real Estate Assessment Center (REAC) assists in improving housing quality by performing accurate, credible, and reliable assessments of HUD’s real estate portfolio. REAC’s primary mission is to provide our customers with independent, actionable assessments that advance risk-informed decisions about the condition of the nation’s affordable housing portfolio.

Why Should You Attend?

The new NSPIRE model prioritizes health, safety, and functional defects over appearance. It implements inspections that better reflect the true physical conditions of the property. The NSPIRE model supports the adoption of sound, year-round maintenance practices.

Who Will Benefit?

• Property Managers
• Property owners
• Leasing Consultants
• Housing Authority Staff
• Compliance staff
• Developers