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Related Information
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Asset Management
- This site provides one-stop reference source for
all Asset Management and Project-Based Management
Information. |
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The Real Estate Assessment Center's (REAC) mission is to provide
and promote the effective use of accurate, timely and reliable information
assessing the condition of HUD's portfolio; to provide information
to help ensure safe, decent and affordable housing; and to restore
the public trust by identifying fraud, abuse and waste of HUD resources.
REAC's "product" is information; accurate, credible and reliable
information assessing the condition of HUD's housing portfolio.
To deliver a quality product, REAC depends on the successful partnership
of people and technology. Cutting edge technology has fundamentally
transformed HUD's old way of doing business. First, by allowing
faster and more accurate work by staff, and second by literally
bursting open electronic avenues of communication with HUD's housing
partners.
At the heart of this technology is an internet-worked data base
of comprehensive and objective information drawn from existing government
systems and from an on-going program of property inspections, analysis
of financial and management reports, and resident surveys.
Sophisticated software designed by the REAC team, analyzes the
data, develops objective performance scores and delivers assessment
results to HUD program staff, and others charged with preserving
America's housing stock.
REAC is improving the quality of HUD housing through:
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