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HUD typically conducts two kinds of
monitoring reviews. Field reviews and annual report reviews.
Field Reviews:
Periodically, HUD will perform field reviews of nonprofit agencies as
part of its on going quality control activities. Therefore, HUD may
contact a nonprofit agency and request the following information, which
may include, but is not limited to:
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Documentation regarding the nonprofit agency's progress in
implementing its affordable housing program. |
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Access to properties under development, resold or leased or
otherwise a part of the nonprofit agency's affordable housing
program. |
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Access to the Nonprofits office(s) to determine compliance with
ML#2002-01 "Adequate Facilities". |
All requests by HUD will be made in writing and provide the nonprofit
agency with the time to accommodate such requests. Failure to respond to
a field review request may result in removal from HUD's Nonprofit
roster.
Annual Reports:
Nonprofit agencies that have purchased discounted properties under the
Direct Sales Program must submit a report to the applicable
Homeownership Center providing information about their program
accomplishments over the past calendar year by February 1 of the
following year. If the Nonprofit agency has purchased no discounted
properties, it still must file a "negative report". For more information
please see See (See:
ML#2000-08 Attachment 3 and
ML#2000-08, Attachment 5.)
If the report is not received by February 1, HUD may remove the
nonprofit agency from its
roster.
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