Breaking News….MORs Have Been Reinstated
Breaking News…MORs Have Been Reinstated
On January 6, 2016, PMCS issued an article about HUD’s consideration of a proposal to permit PBCA staff in 42 states to resume conducting Management and Occupancy Reviews (MORs), as part of their interim contracts.
This proposal became a reality on Friday, April 15, 2016 when these PBCA entities received amended contracts that included this critical task effective May 1, 2016.
One surprising element of these contracts is the flexibility afforded the PBCAs to conduct MORs on up to 100% of the properties in their portfolio, versus just those identified as “high-risk” (as HUD originally proposed).
This development is very new and there are several logistical questions regarding the reinstatement schedule and whether the risk-based model will be immediately utilized. Each PBCA will also be tasked with deciding on a state-by-state level, when the first MOR visits will be scheduled and how widespread their portfolios will be reviewed.
Regardless of the answers to these logistical questions, owners should take a proactive approach to this announcement. PMCS recognizes the apprehension this reinstatement of MORs creates. PMCS is scheduling both webinars and live training classes focused on MOR preparedness. Some of our upcoming sessions are:
Location | Date | Title | Link to Registration | Format |
Online | June 29, 2016 11:00 AM – 1:00 PM EST |
MORs Part I – Understanding the Mechanics of a HUD MOR | Click Here to Register | Webinar- Participants receive written materials |
Online | June 29, 2016 1:30 PM – 3:30 PM EST |
MOR Preparation – Part II – Assess your Forms and Policies for Compliance | Click Here to Register | Webinar- Participants receive written materials |
Syracuse, NY | June 15, 2016 9:00 AM to 3:30 PM EST | Facing MORs…Do You Know What You Don’t Know? | Click Here To Register | Live Class with MOR Prep Toolkit Bonus Resource |
Additional locations and times will be announced on our website and via Facebook as they are finalized.
If you know you are in need of immediate assistance (pre-MOR site visit, sample tenant file review, policy review or revisions, AFHMP revision, EIV master file audit, etc.) contact us via solutions@pmcs-icap.com. Explore the cost-effective and convenient ways PMCS can assist in your MOR preparation, both on-site and in a remote capacity.
A small proactive investment for training and consultation now could yield a significant amount of time and monetary savings for you in post-MOR remedies.