FAQs for Section 8 Contract Administration: REAC

Rates

Construction Plus:
4.320%
Tax-Exempt Financing:
6.925%
Preservation Plus:
6.675%
Taxable Bond Rate:
8.150%
Tax Credit Financing:*
6.750%
*30 year term/15 year yield maint/30 year amort.

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Frequently Asked Questions for Section 8 Contract Administration: Real Estate Assessment Center (REAC)

How do I contact the Department of Housing and Urban Development's (HUD) Real Estate Assessment Center (REAC)?
What do I do when Exigent Health and Safety items identified by the REAC inspector are mitigated?

Other Questions

Renewals
Reviews
HUD/WHEDA Responsibilities

How do I contact the Department of Housing and Urban Development's (HUD) Real Estate Assessment Center (REAC)?

There are three avenues for contacting REAC.

First, try REAC's website. There is a "Send comments or questions" link on this website that will allow you to e-mail comments to REAC directly from the website.

If the website does not have what you need, then contact the REAC Technical Assistance Center (TAC) via phone at the following number: 1-888-245-4860

Or via mail at the following address:

Department of Housing and Urban Development (HUD)
Real Estate Assessment Center (REAC)
Technical Assistance Center
1280 Maryland Avenue, SW, Suite 800
Washington, DC 20024-2135

What do I do when Exigent Health and Safety items identified by the REAC inspector are mitigated?

Attachment 3 is to be copied onto the owner's letterhead (or indicate that they do not have letterhead stationary) and signed by the owner. The owner must sign it. The agent may sign for the owner only when a specific authorization to do so, signed by the owner, accompanies the 'Attachment 3'. The signed form is to be sent to WHEDA.