The Housing Opportunity Through Modernization Act (HOTMA) introduced significant changes in federal housing programs, impacting property owners and managers. Compliance with HOTMA regulations is essential to ensure smooth operations, avoid penalties, and maintain eligibility for federal housing assistance. Understanding HOTMA’s requirements
What is a REAC Inspection? A Complete Guide for Property Owners
A REAC (Real Estate Assessment Center) inspection is a critical evaluation conducted by the U.S. Department of Housing and Urban Development (HUD) to assess the physical condition of properties that receive federal assistance. These inspections ensure that housing units meet health, safety, and maintenance standards, ultimately protecting tena