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08.22.19

HUD Issues New NSPIRE Demo Notice

BY , Tatiana Gutierrez,Nate Cushman

We blogged about NSPIRE in our June 3rd post. At that time, HUD issued an initial federal register notice.  On August 21st, HUD issued a new notice further setting out the NSPIRE model, protocols, data analysis, oversight, and assessment. https://www.federalregister.gov/documents/2019/08/21/2019-17910/notice-of-demonstration-to-assess-the-national-standards-for-the-physical-inspection-of-real-estate.

As a demonstration, it is a large program, looking to include 4,500 apartment complexes. HUD is seeking public comment and asking the public questions about the new model and conditions that HUD should focus on.  Comments are due October 21, 2019.

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Richard Michael Price

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