They're Baaaaack! We told you in aHUDBlast back in February that the Department of Housing and Urban Developmentwas considering a proposal to resume conducting Management and Occupancy Reviewson a nation-wide basis. They did...and now they are.
Many of our customers struggle to understand the best way to prepare for theHUD Management & Occupancy Review (MOR). In our opinion, the best thing to do isto complete a review of HUD Form 9834 Section II and determine what forms orwritten policies should be provided to the Reviewer to demonstrate compliancewith HUD requirements.
Gathering all necessary information before the review allows owner/agents to:
Our new MOR Binder FASTForms CD will help you do just that. Ourmethod is to take HUD Form 9834 including detailed information about eachquestion and then provide appropriate policies, data or sample forms that allowthe Reviewer to assess the property policy and procedures and assess compliancewith HUD requirements.
The cost for this valuable, portfolio-wide tool is only$650.00.
SinceHUD has indicated that we should expect an increase in the number of Management& Occupancy Reviews (MOR) conducted in 2016, we have created a class to allowowner/agents and property managers to take a step back and review HUD'smultifamily occupancy requirements. This is not a review of basic requirements,but rather a discussion about best practices designed to help you identifycommon mistakes that may otherwise be revealed during the MOR.
Trainingincludes sample forms, notices and checklists.
Class Schedule at a Glance (In Location Order)
|St. Paul, MN||HUD Management & OccupancyChallenge||October 25 & 26, 2016|
To sign up for the HUDBlast,visit our web site atwww.rbdnow.com. Just enter your email address in the box in the center ofthe home page.You canview previously posted HUDBlasts from our web site athttp://www.rbdnow.com/hudblasts.htm
We also encourage you to sign-up for theListserv, so you can receive current RHIIP related information from HUDhttp://www.hud.gov/subscribe/mailinglist.cfm.You canview the RHIIP Tips Archives, under "Listserv-Multifamily RHIIP Tips" athttp://www.hud.gov/offices/hsg/mfh/rhiip/mfhrhiip.cfm
RBD does not act as a legal advisor nor as a regulatory governingagency. The recipient should understand that any materials or commentscontained hereinare not designed for, nor should be relied upon as a source oflegal guidance or as a final authority with respect to any particularcircumstance. Ross Business Development, Inc. makes no warranty ofmerchantability or fitness for a particular purpose or any other warranty of anytype. Owners and management should seek competent legal advice in developing andcarrying out policies and procedures. While we have been diligent in ourefforts to provide comprehensive and accurate regulatory information, RossBusiness Development, Inc. shall not be responsible for errors or inaccuracies.