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HUD Transaction Solutions for the Affordable Housing Industry

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GRRP

GRRP Comprehensive Wave 1- Applications Due August 31st

The first application review period (wave) for the Green and Resilient Retrofit Program (GRRP) Comprehensive Awards will close in approximately two weeks at 11:59 PM ET on August 31, 2023. Applications submitted after this deadline will be eligible for three subsequent application review periods, but HUD encourages potential applicants to submit early. For details on […]

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Public Housing Management Fee

Management Fee Increases: Is It Time?

If you have never gone in for management fee increases or it has been a while since your last request to increase the fee, now may be the time to look into this.  The various HUD offices are required to update their fee range every (2) years.  At SSC we keep track of each of […]

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Flags in REAC and MOR Scores

Flags in REAC and MOR Scores

We are seeing many inconsistencies in Flags in REAC and MOR scores. Participants that have larger portfolios have a much harder time because at any given point in time they are going to get a failing REAC or MOR score. We have seen way more MOR flags with larger portfolio clients. These take a while […]

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HUD APPS Activation Key Codes Should be Automated

HUD APPS Activation Key Codes Should be Automated

HUD APPS Activation Key Codes have been an ongoing issue that puts more burden on the industry to file direct activation requests and wait on the help desk to give a User their access. Currently the department is having problems with the bulk mail and getting the activation codes out and has recently been requiring […]

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HUD Baseline Requirements

HUD APPS Baseline Is Now A Requirement for A HUD Loan

We recently heard from HUD Headquarters that HUD Baseline Requirements are now being required in order to receive a firm commitment on an FHA insured loan. How did HUD Baseline Requirements come about? The Office of Inspector General performed an audit on properties that received two consecutive failing REAC scores. They found that while performing […]

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Secured Systems Consulting Assists in Blackstone - AIG Merger

Secured Systems Consulting Assists in Blackstone – AIG Merger

In 2021, Lead Attorney Orlando Cabrera with AGG (Arnall, Gregory, and Golden) called on Rosemarie Harris of Secured Systems Consulting, for HUD expertise in the Blackstone – AIG merger. Rosemarie and Secured Systems Consulting were brought in as the HUD 2530 consultant to oversee the transaction and ensure HUD compliance. The acquisition of AIG’s affordable […]

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Secured Systems Consulting HUD Consulting to Infinity Real Estate

Secured Systems Consulting HUD Consulting to Infinity Real Estate

As the HUD consultant for Infinity Real Estate’s Infinity Russel Portfolio project, The consulting team at Secured Systems Consulting (SSC) had a number of important responsibilities to ensure the success of the project. One of the key tasks was to provide consulting on HUD 2530 APPS Applications. This involves assisting the client in completing the […]

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HUD 2530 Consulting On Christian Church Homes Housing Deal

Christian Church Homes HUD 2530 Deal

Secured Systems Consultings team was instrumental in successfully handling the consulting project for the Christian Church Homes Organization related to the approval of HUD 2530 APPS Applications for ownership and management of the property at 223 Antioch Rivertown. With the teams extensive knowledge and experience in dealing with HUD regulations and restrictions, Our team was […]

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Inspection Auto Flags

Inspection Auto Flags in the HUD Active Partners Performance System (APPS)

Last Fall HUD added inspection auto flags in the Active Partners Performance System (APPS), this addition may have been missed or gone unnoticed by many.  This new development by HUD to make the comments by HUD staff associated with HUD 2530 Flag(s) visible to Business Partners is a significant step towards greater transparency and accountability. […]

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SAM.gov changes that affected Entity Administrators

SAM.gov changes that affected Entity Administrators

The Entity Administrators role has had a change recently due to a change in SAM.gov’s policy. This change in SAM.gov’s policy has been implemented to ensure greater security and transparency in the registration process. By limiting the Entity Administrator role to employees, officers or board members of an organization, SAM.gov hopes to reduce the risk […]

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News

GRRP Comprehensive Wave 1- Applications Due August 31st

The first application review period (wave) for the Green and Resilient Retrofit Program (GRRP) Comprehensive Awards will close in approximately two weeks at 11:59 PM ET on August 31, 2023. Applications submitted after this deadline will be eligible for three subsequent application review periods, but HUD encourages potential applicants to submit early. For details on […]

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