Leases that don't have the required attachments will raise red flags for auditors.
Dos & Don'ts
In this month’s feature, The Risk of the Incomplete Lease, we told you what documents HUD requires you to attach to your leases. But can you make other modifications to a HUD model lease?
A few months ago, HUD and its Office of Inspector General (OIG) issued a report identifying the top management challenges facing the Department in 2020 and beyond. One of the broad categories identified was ensuring the availability of affordable housing that’s decent, safe, sanitary, and in...
Some of your households may have unreimbursed medical expenses that include travel expenses to and from treatment. And if any of these households are classified as elderly or disabled, HUD permits a medical expense deduction to be used to calculate their adjusted annual income. So be sure these...
HUD is in the process of overhauling its Real Estate Assessment Center (REAC) physical inspection protocol. Last year, HUD drastically reduced the notice it would give managers of public and subsidized rental housing before REAC inspections to 14 calendar days. And HUD will eventually replace REAC...