HUD to Publish Notice Delaying Compliance Date for NSPIRE Final Rule Until Oct. 1, 2024

Wednesday, September 27, 2023 - 8:45AM

The U.S. Department of Housing and Urban Development (HUD) will publish a notice in Thursday’s Federal Register delaying the compliance date for the National Standards for the Physical Inspection of Real Estate (NSPIRE) final rule until Oct. 1, 2024, which is a year later than originally planned. The notice says HUD is taking this action to allow public housing authorities (PHAs) additional time to implement the NSPIRE standards, which were part of the Economic Growth Regulatory Relief and Consumer Protection Act. That provides more time to train staff, communicate with landlords and for HUD to provide additional technical resources. HUD previously announced a similar delay for select programs. PHAs that wish to continue using Housing Quality Standards for inspections after Oct. 1, 2023, must notify HUD of their intent and the date on which they plan to transition to NSPIRE, which can be no later than Oct. 1, 2024.

The May 16 episode of the Tax Credit Tuesday podcast featured Michael Novogradac discussing NSPIRE and other compliance issues with Novogradac principal and director of multifamily compliance Stephanie Naquin.

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