hud reac extension covid

Property representatives may require an inspector to have their temperature taken if recommended or required by local or state guidelines. PHADA Urges HUD to Act in Response to Coronavirus On March 13, PHADA wrote to HUD Secretary Ben Carson today urging the Department to act in response to the coronavirus. On April 10, 2020, the U.S. Department of Housing and Urban Development (HUD) released a series of waivers and program updates, 44 in total, for the Public Housing and Housing Choice Voucher (HCV) programs. FASSUB (Multifamily) has just now approved an additional extension of the filing deadline. Congress authorized the new program as part of the December 27 COVID-19 relief package, along with a one month extension of the CDC’s national eviction moratorium for nonpayment ... To Be Resilient The frequently asked questions (FAQs) address both public housing and HUD-assisted private Multifamily properties. PLEASE NOTE – Clients must request such extensions by contacting state RD officials. Rural Development – Contacts with Rural Development indicate that they DO NOT intend … Public Notices. The […] ... -19 Relief Package, and Calls on Congress to Stay in Washington and Work Through Weekend Until a Bipartisan Deal is Reac. This extension applies to both audited and unaudited submission types. However, REAC has clarified that the extension DOES NOT EXTEND THE 60-day RESIDUAL RECEIPTS deposit requirement. Question 26. Each is in the form of a Q&A document. New Project Funding- Heart for Education The chapters in HUD Handbook 2000.04, REV-2, CHG-1, dated December 2001, were superseded as each revised chapter was issued. According to the FAQs released, audited financial statements for these mortgagees will be due on or before April 30, 2020. COVID-19 Emergency Rental Assistance Program County COVID-19 Information. HUD No. As public housing authorities (PHAs) and multifamily housing owners grapple with protecting their residents, employees and stakeholders amidst the COVID-19 outbreak, HUD has issued several pieces of guidance in recent days that impact public housing, Section 8 and multifamily housing.Among the current guidance is the following: Rural Development – Contacts with Rural Development indicate that they DO NOT intend to issue a blanket 30-day extension of the filing deadline. The revised due date is June 30th. HUD COVID-19 Extensions HUD’s Real Estate Assessment Center (REAC) has made two extensions: Submission deadline for multifamily audit submissions to June 30, 2020. Only in-person inspections for Uniform Physical Condition Standards (UPCS) will be conducted, but REAC might consider remote inspections in the future. PHADA’s letter asks HUD to take “all necessary steps to waive or suspend all rules and regulations that require actions by PHAs and/or their residents to engage in one on one personal interactions, or to complete steps and tasks that cannot be effectively completed because of the adoption of recommended social distancing practices.” … December 09, 2020 | 3:00 PM - 4:00 PM EST CoC YHDP. Status of Financial Filing Deadline Extensions, Multifamily Housing – Highlights and Announcements, Government Auditing Standards (Yellow Book), HUD-assisted Multifamily Properties Dataset (includes AFS Req’d), HUD-Insured Mortgage Database (incl. County of San Diego Health and Human Services Agency, Housing and Community Development Services (HCDS) is taking measures to ensure customers are still provided the highest level of customer service even during this challenging time. This Section 8 inspection is conducted by your local Public Housing Authority. Q: With the REAC deadline being extended, is the deadline to submit surplus cash into a residual receipts account also extended? The U.S. Department of Housing and Urban Development (HUD) today extended the filing deadline for certain annual financial statements (AFS) to June 30 due to the COVID-19 pandemic. Question 21. Any submission with a due date before September 30th will now be due on September 30th. HUD’s Real Estate Assessment Center (REAC) posted COVID-19 FAQs: Public & Multifamily Housing Property Inspections on November 11, posing 56 easy-to-read questions with answers regarding conducting REAC physical inspections during the coronavirus pandemic. Global Extension Til June 30th: REAC  is extending due dates on all submissions that are due April 30th [originally 3/30] and May 31st. Question 8. If a resident in a sample unit for inspection who is at high risk does not want an inspector to enter their home, the inspector will select an alternate unit. Just note the new due date. This applies to all submissions due within this time frame. 20-214 HUD Public Affairs (202) 708-0685: FOR RELEASE Monday December 21, 2020 Question 22. HUD’s Real Estate Assessment Center (REAC) posted COVID-19 FAQs: Public & Multifamily Housing Property Inspections on November 11, posing 56 easy-to-read questions with answers regarding conducting REAC physical inspections during the coronavirus pandemic. The information is provided with the understanding that AHACPA is not engaged in rendering legal, accounting, or other professional advice. PIH Informs Public Housing Agency Directors of Extended CDC Eviction Moratorium. HUD is waiving the HQS requirement that a leased unit have at least one bedroom or sleeping room for every two people in order to accommodate residents who may need to add household members as a result of the COVID-19 emergency. The Office of Housing has issued approval for an extension of all financial statements due before September 30, 2020. [email protected]. It states: HUD is extending the reporting due date of PHAs unaudited submission to the REAC as required by 24 CFR 5.801(c) and 24 CFR 5.801(d)(1) for PHAs with a fiscal year end FYE) of December 31, 2019. Note: Guidance documents, except when based on statutory or regulatory authority or law, do not have the force and effect of law and are not meant to bind the public in any way. Last week HUD announced a blanket 30-day extension for the filing of all REAC financial statements. REAC inspectors must: be tested for COVID-19 on a regular basis; wear Personal Protective Equipment (PPE), including masks and gloves; frequently use hand sanitizer; practice physical distancing, and follow local and state guidelines. COVID-19 FAQs: Public & Multifamily Housing Property Inspections is at: https://bit.ly/2IwEu5K. The COVID-19 pandemic is rapidly evolving and changing. Single Audit Extension – Later last week OMB issued memo M-20-17 which among other things, granted an automatic 6-month extension of the deadline for filing audited financial statements. (801) 547-5070 – fax If HUD determines that the PHA failed to comply with reporting requirements, HUD may begin to impose administrative fee sanctions after 30 Calendar Days of Notification of the PHA’s failure to submit, unless the PHA successfully appeals or applies for a waiver or extension within such time. Part 214. To Further clarify, here is a list of the Multifamily FYEs with due dates before September 30, 2020. HUD’s approval of the request seeking inactive status as a result of the COVID-19 National Emergency, HUD will temporarily remove the agency from HUD’s online and telephone referral system of housing counseling agencies for a short period based on an agency’s individual circumstances as allowable under HUD regulation (see 24 CFR 214.200). ... Rosen Announces HUD Release of Over $33 Million in HUD Grant Funding to Nevada . __ B. The new due date for these PHAs unaudited submission is now August 31, 2020. This will cover all submissions (owner-certified, owner-certified greater than $750K, OMB audits with 9 month due dates, etc.) HUD is an equal opportunity provider and employer. HUD’s Office of Multifamily Housing Programs (Multifamily), which oversees contracts with private owners of HUD-assisted properties, issued “Questions and Answers for Office of Multifamily Housing Stakeholders” pertaining to the coronavirus and COVID-19. RECENT HOUSING NOTICES. that were due April 30th (originally March 30th) and May 31st. Question 23. The REAC program will prioritize inspections based on COVID-19 data from Johns Hopkins University and health risk scoring methodology from the Harvard Global Health Institute, HUD said in a statement. If you want to rent your property to a tenant who has a Section 8 voucher, your unit must pass a health and safety inspection. Question 2. According to HUD’s Real Estate Assessment Center (REAC) website, all multifamily housing and public housing inspections will be postponed until further notice, except where there is a threat to life or property at a specific location.HUD also announced on March 13 that Management and Occupancy Reviews (MORs) are also postponed until further notice. GAQC Summary of COVID-19 Related Deadline Extensions of Audited Financial Statements and Other Reports As of December 22, 2020 Page 1 of 4. Introduction. If any response is forthcoming we will let you know. The extension covers AFS originally required to be filed on or before March 31 (typically entities with Dec. 31 year-ends) and April 30 (typically entities with Jan. 31 year-ends). Deadline for States and Localities to Submit Required Documentation to Treasury for Rental Assistance is Tomorrow, January 12! HUD has not preemptively issued any waivers of regulations governing PHA operations or programs. Ginnie Mae, Fannie Mae and Freddie Mac Filings – Detailed searches of the related web pages of these entities DID NOT reveal any evidence of a Covid-19 related extension. This REAC inspector notice provides clear and concise guidance for the return of REAC inspections. Kaysville, UT 84037 However, this site is not a substitute for the promulgated standards or regulatory guidance. HUD has issued COVID-19 guidance to all stakeholders in Multifamily, PHA, and FHA businesses. REAC developed a map that categorizes states and localities by four risk categories: low risk (green), moderately low risk (yellow), moderately high risk (orange), and high risk (red). HUD will accept an owner’s RCS up to 5% above current rent levels, and HUD has discretion to approve higher rents on a case-by-case basis. They consider that COVID-19 related extensions would fit within the same guidance. The frequently asked questions (FAQs) address both public housing and HUD-assisted private Multifamily properties. PHAs are reminded that the CARES Act allows PHAs to use Public Housing Operating Fund Supplemental Assistance to provide PPE for residents. 20-11: Continued Availability of Funds for COVID-19 Supplemental Payments for Properties Receiving Project-Based Rental Assistance under the Section 8, Section 202, or Section 811 Programs 20-10: Electronic Signature, Transmission and Storage - Guidance for Multifamily Assisted Housing Industry … Re-certifications for income and family composition (public housing and HCV/Section 8) There is more information below about the different subsystems available through Secure Systems. According to HUD’s Real Estate Assessment Center (REAC) website, all multifamily and public housing inspections will be postponed until further notice, except where there is a threat to life or property at a specific location.
hud reac extension covid 2021