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As part of its commitment to management reform, HUD has improved
its oversight of important housing programs by consolidating many
assessment functions within REAC. Listed below are descriptions
of all the assessment products that REAC produces for HUD and our
industry partners. Click on any link to reach a product page containing
detailed product information, news, guidance, and valuable links
to other sites.
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Customer Satisfaction Survey
REAC promotes resident participation by use of a random sample
survey process which measures the level of tenant satisfaction
with housing conditions.
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Financial Assessment - Multifamily
Annually, REAC receives and analyzes financial statements for
over 20,000 HUD insured or assisted multifamily properties.
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Financial Assessment - Public Housing
Agencies
REAC receives and analyzes the annual financial statements of
the nation's 3,300 public housing agencies.
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Financial Assessment - Quality Assurance
Operations
The REAC Quality Assessment Subsystem (QASS) staff performs quality
assurance reviews of Independent Public Accountants (IPAs) who
perform audits and attestations of HUD-assisted multifamily projects,
public housing agencies (PHAs), and single family lenders.
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Management Operations Certification
The management capability of a PHA is assessed annually based
on detailed information submitted electronically to REAC.
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PHAS - Public Housing Assessment System
Annually, REAC determines the overall performance of the nation's
3,300 PHAs by combining physical, financial, management, and customer
satisfaction assessment results.
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Physical Inspection
REAC conducts a program of annual physical inspections of public
and assisted multifamily housing.
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Subsidy and Grants Information Systems
The Subsidy and Grants Information Systems (SAGIS) supports the
business process program areas in the Office of Public and Indian
Housing (PIH). The areas are: Housing Choice Vouchers, Capital
Fund, Operating Fund, Office of Native American Programs (ONAP)
and the Grants Managements Center (GMC Competitive Grants). |
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