HUD Published NSPIRE Final Rule

Last week, the US Department of Housing and Urban Development (HUD) published the final rule to establish its new approach to defining and assessing housing quality, the National Standards for the Physical Inspection of Real Estate (NSPIRE). The final rule describes the development of NSPIRE and the next steps from HUD before NSPIRE is implemented on Oct. 1 for multifamily and voucher programs and July 1 for public housing.