NSPIRE, after more than two decades without significant updates, has recently revamped its REAC system. Departing from the previous three-year cycle of inspections under REAC, NSPIRE now emphasizes annual self-inspections. Additionally, the scope has narrowed, condensing from five to three areas of coverage.
In this session led by industry expert Paul Flogstad, a comprehensive exploration of UPCS property standard guidelines and the Real Estate Assessment Center (REAC) inspection process will be undertaken. The course delves into the latest rules and offers insights into their application during property inspections. Given that UPCS guidelines are obligatory for LIHTC properties, the course provides in-depth coverage to ensure compliance. The inclusion of actual photos depicting non-compliance items enhances understanding and underscores the significance of adhering to minimum standards.
This course distinguishes itself by offering real-world scenarios, moving beyond theoretical concepts to provide practical solutions. Leveraging the instructor's extensive experience, participants will gain insights through tangible examples drawn from authentic experiences.
Participants can anticipate acquiring a thorough comprehension of the new NSPIRE regulations and the complete inspection process. Mandatory for those engaged in property management, this session provides essential insights into preparing for inspections, understanding correction protocols for deficiencies, and navigating associated timelines. Gain practical knowledge and skills necessary to engage with inspectors, including the ability to halt a REAC inspection if necessary. This course promises to be more than theoretical, offering tangible, real-world solutions crucial for those navigating the complexities of property management.
As of October 1, 2024, NSPIRE implemented new rules, making it essential for us to understand the changes. These adjustments were designed to enhance transparency and user-friendliness, requiring properties to establish an annual maintenance plan.
In response to concerns about the effectiveness of REAC Inspections, HUD introduced the NSPIRE model for the physical inspection process, effective October 2023. The goal was to modernize and improve the inspection process for HUD-assisted properties, with a stronger focus on health, safety, and functionality. This innovative, resident-focused model promotes transparency and collaboration among property owners, managers, and residents.
Paul has been involved in the real estate industry for the past 38 years. He has been involved in sales, construction, project management, appraisal, mortgage consulting and brokerage, property management and property management consulting/training.
Through his consulting company, Property Management Solutions, he provides training and consulting services nationwide to owners, management companies, multi-housing associations, as well as state and federal agencies.
He specializes in fair housing issues and has developed fair housing and outreach programs for governmental agencies as well as conducting seminars which are presented to property management companies, apartment associations and the general public. He also conducts research analysis for impediments to fair housing for grantees of federal CDBG funds.
Most recently, he has been a consultant to the City of Sioux Falls and the State of South Dakota. In this assignment he has developed a fair housing awareness program that is one of the first of its kind in the nation. It involves a three pronged approach to fair housing awareness. This approach makes use of an ombudsman concept and has proven to be very effective in dealing with discrimination and landlord/tenant issues.
For over twenty years was involved in appraisal of residential, multi-family, farm and commercial properties throughout the Midwest. Most recently, he was a consultant for affordable, multi-housing properties in 22 different states. This involved properties in HUD, Rural Development, HOME and Tax Credit programs.
Paul was previously Vice President of the South Dakota Multi-Housing Association, Vice Chairman of the Minnehaha County Housing and Redevelopment Commission, and Chairman of the Sioux Falls Property Appeals Board. In 2009, he received the Outstanding Educator of the Year award from the South Dakota Multi-Housing