Multifamily Capabilities | Affordable
HUD Cushman & Wakefield has been managing HUD subsidized and guaranteed mortgaged properties for many years. Additionally, our experience with risk-sharing bonds offers a competitive edge for first class service. The following breaks out our service platform for HUD properties. Stabilized Properties A focused HUD Manager provides the following client services: • Acts as the client contact for the working relationship with HUD or any other agency on behalf of owner/agent • Utilizes HUD APPS Electronic Filing System which streamlines the 2530 filing process • Prepares, files and maintains all HUD approval required documents including, but not limited to 9839b, 9832, Affirmative Fair Housing Marketing Plan, Resident Selection Plan, and Management Plan • Acts as the EIV Coordinator to guide and assist property managers • Assists on-site associates with preparation for management reviews (MOR) or physical inspections (REAC) • Assists with preparation of required HUD annual financial statements • Assists with HAP contract renewals and annual OCAF increases
A dedicated Compliance Specialist provides the following client services: • Monitors all HUD applicant and resident files for accuracy and eligibility • Files the monthly vouchers for our HUD subsidized communities • Provides management support New Construction or Refinance Properties A focused HUD Manager provides the following client services: • Works with regional property manager, HUD, client, and client lender to make sure all necessary management company documents are provided to HUD at the Application/Firm Commitment stage • Acts as the client contact for the local HUD Contract Administrator to establish a working relationship and arranges meetings with HUD, client and regional property manager to make introductions • Submits monthly accounting reports to HUD Account Executive and assists with responding to any inquiries • Assists with preparation of required HUD annual financial statements
Cushman & Wakefield | 13
Made with FlippingBook Digital Publishing Software