National Standards for the Physical Inspection of Real Estate: Implementation Guidance and Inspection Standards for the HOME Investment Partnerships and Housing Trust Fund Programs

This notice serves as guidance to the "Economic Growth Regulatory Relief and Consumer Protection Act: Implementation of National Standards for the Physical Inspection of Real Estate" (NSPIRE) rule published May 11, 2023. The rule provided that HUD publish in the Federal Register an additional notice on the NSPIRE Standards for the HOME Investment Partnerships (HOME) and Housing Trust Fund (HTF) programs. In addition, this notice implements the property standards and inspection provisions in the "HOME Investment Partnerships Program: Program Updates and Streamlining" rule published on January 6, 2025. This notice also provides guidance to HOME participating jurisdictions and HTF grantees on how to develop HOME and HTF written property standards and inspect assisted projects in compliance with the NSPIRE final rule and the HOME final rule, as applicable.