REAC Updates: UPCS Guidance & Protocol

This seminar will go into detail on the UPCS property standard guidelines as well as the Real Estate Assessment Center (REAC) inspection process. It will contain information on the latest rules and how they are interpreted during an inspection of the property. The UPCS guidelines are required for LIHTC properties, so this course will go into detail so that you may remain in compliance. You will come away with an understanding the UCPS rules as well as the inspection process. There will be a number of actual photos of non compliance items to give you a better understanding of the need for these minimum standards.

This program will provide answers to these important questions:

• What are the latest updates to UPCS rules
• How are these rules interpreted
• How often will we be inspected?
• What do the scores mean?
• What are my rights during an inspection?
• What are Exigent Health and Safety Items and how are they mitigated?
• How do I get a copy of the report?

We will go over some checklists that have been developed in order for you to understand which rules will affect your property. These checklists show what an inspector is looking for when evaluating your property. We will also go over what to do if you disagree with the findings of the report.

Who will Benefit:

• Property Managers
• Property owners
• Maintenance Staff
• Realtors
• Compliance Staff
• Legislators

Paul Flogstad

Paul has been involved in the real estate industry for the past 38 years. After college graduation was in law enforcement for 4 years. From that point on, he has been involved in sales, construction, project management, appraisal, mortgage consulting and brokerage, property management and property management consulting/training.

Most recently, he was a consultant for affordable, multi-housing properties in 22 different states. This involved properties in HUD, Rural Development and Tax Credit programs. In this role he supported managers by training, compliance, budgeting, developing policy and procedures as well as creating successful marketing strategies. Previously he was a regional manager for a large property management company in South Dakota.

For over twenty years was involved in appraisal of residential, multi-family, farm and commercial properties throughout the Midwest.

He holds numerous professional property management designations and currently holds the prestigious RHM designation from the National Center for Housing Management.

In 2007 he formed Property Management Solutions. In this capacity, he provides training and consulting services nationwide to owners, management companies, multi-housing associations, as well as state and federal agencies.

He currently serves as the Fair Housing Ombudsman for the State of South Dakota and is considered a nationally recognized expert in fair housing. He is also a national trainer specializing in tax credit properties for the National Center of Housing Management.