HUD 2530 COMPLIANCE

Are you aware that your organizations HUD 2530 data is safer by storing it in the Active Partners Performance System (APPS) as oppose to a loose piece of paper? Today, all the affordable housing industry must work in HUD Secure Systems. The HUD APPS is how HUD prefers to receive a Previous Participation Certification ( HUD 2530 Guidance ) application. Now is the time to have your 2530 applications filed and maintained through APPS.

Our CompanyOur Company

Secured Systems Consulting is a top-rated company that offers HUD 2530 guidance. We offer a wide range of transactional and regulatory assistance to the affordable housing industry. Rosemarie Harris is the owner and principal consultant of our HUD 2530 Guidance compliance company. She has over 20 years’ experience managing the largest 2530’s in the industry for companies like:
Aimco, Insignia, NHP, Casden, and Oxford, among others.

Expert Knowledge

Rosemarie Harris was selected by HUD Headquarters as one of the main contributors and vital source in the development of the HUD 2530 APPS system. She has gained vast knowledge by coordinating 2530 filings for large mergers and complex transactions.

Experienced Staff

To provide the best HUD 2530 guidance anytime you come to us, we have a trained and experienced team of professionals. Feel Confident knowing we have handled hundreds of thousands of units and billions of dollars in transactions. We understand that all our customers have unique HUD 2530 compliance needs, and therefore we take the time to listen and provide what you really need.

Compliance Experts

When we come to you, our HUD compliance experts will evaluate your organization and develop the most efficient way to file your application. We maintain everything that connects your HUD business. Our depth of knowledge makes us the best choice for your next HUD transaction. If you have struggled with your 2530 clearance approval in the past, get in touch with us and we’ll ensure your next transaction is seamless.

HUD 2530

We maintain everything that connects your HUD business. Whether you need a HUD 2530, Management Certification (HUD 9839-b), Management Entity Profile (HUD 9832), or help with flag and regulatory sanctions, call our HUD 2530 Compliance Experts. If you require HUD Secure Systems assistance or need SAM & DUNs registration, we are at your service

Get in touch with us today for a professional review of your HUD 2530 compliance. We are your company to go to for all your HUD 2530 and associated needs

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Why Secured Systems Consulting?

We are Friendly and Professional.

Working with our team of HUD 2530 compliance experts is enjoyable and productive. We focus on making progress and to achieve this, we seek to understand every detail in your report and its impact on your company. Our undivided attention, contribution, and follow up is unsurpassed and the reason why we succeed in every regulatory issue we undertake.

We Have Vast Experience in HUD 2530 Guidance.

For over 20 years, we have handled hundreds of thousands of units and billions of dollars in transactions. With this experience, you can have the assurance that you are hiring the best team for your HUD 2530 compliance needs.

Here are some of the transactional work we’ve handled in our years of operation:

Acquisitions

NHP Merger – 87, 659 units worth $279 million
Insignia Financial Merger – 191,000 units worth $910 million
Oxford Properties Merger – 36,662 units worth $301 million
Casden/ Napico Merger – 17,383 units worth $1.5 billion

Preservation and Redevelopments

Tax Credit award for the refurbishment of 58 properties – $417 million
FHA Financing of 221 (d) 4 loan for 308 units at Pacific Bay Vistas, San Bruno, California.
FHA Financing 221 (d) 4 loan for 730 units at Lincoln Place, Venice California

Reorganization

Transformed twelve management organizations into four and acquired a HUD HQ approval without the need to alter the management certifications which could have had a negative impact on the management fees.

Sale of the remaining Napico Portfolio worth $8 million

We carried out other restructurings to make the organization’s structure simpler and this resulted in huge savings on taxes for the company.

Our Services

HUD 2530 Compliance

Our firm serves clients from around the country. We provide up to date regulatory guidance and best practices for filing and maintaining an organizations HUD Regulatory documents, with an added emphasis on the HUD 2530.

HUD reviews Owners, Management Agents, Operators, General Contractors, Master Tenant/Landlords wishing to be Participants in Multifamily Housing and Healthcare Programs’.

HUD Transactional Guidance

File HUD 2530 application through the Active Partners Performance Systems (APPS)
- The HUD 2530 / Previous Participation Certification is a risk management tool. The U.S. Dept. of Housing & Urban Development (HUD) uses the application to measure the risk factor for doing business with an organization. HUD analyzes this record to evaluate past, present and future responsibilities, performance, participation and business practices. Approval for new or further participation is a privilege earned with a good record and a history of responsible performance.

Set and Maintain 2530 reporting.

Review existing 2530 reporting to ensure it conforms to the most current HUD guidance.

2530 Flags and Administrative Sanction Issues
- We know firsthand that these types of issues have a negative impact on our clients doing new business. We have successfully assisted our clients in resolving matters with the Office of Inspector General and resolving 2530 flags.

Management Entity Profiles (HUD form 9832) We create new and review/update existing profiles.
- Management Entity Profiles are filed to HUD when the Management Agent is requesting to manage a new asset or when there is company information that has change.
- This resume’ provides HUD with a snapshot of a management companies associations, identity of interests, policies and procedures as it relates to affordable housing.

Management Certifications (HUD 9839-b) – Maximizing Management Fees.
- This document certifies to HUD that the owner and agent will abide by regulatory guidelines for management of the HUD asset. This document establishes the management fee. Incorrectly filling out the management fee portion of the form can have an adverse effect on the potential for future management fee increases.

Set up in Dun & Bradstreet (DUNS) and SAM systems.
- You must be set up with a DUNS number and process an application through the governments SAM system in order to receive funds from the government for items such as Grants, Section 8 etc. The SAM has to show as activated and must be renewed annually.

HUD Secure Systems

Serve as an Outsourced Coordinator to administer User Access in WASS to utilize various systems such as: EIV, TRACs, FASS, LOCCs etc.
Upgrade and Terminate Coordinators and Users in the HUD Secure System
Assign Auditor access to the FASS system.
FASS Waiver Request
Financial Flag resolution
Provide REAC Inspection Reports from the Physical Assessment Subsystem (PASS)

Resources

Podcast with Nan McKay

Success Stories

Rosemarie has a very solid understanding of the myriad of HUD regulatory frameworks impacting federally assisted rental housing which enables her company to maintain compliance with these rules. She is also an expert on one of HUD’s more complicated and antiquated data systems- APPS. She was selected as a pilot user and is a vital source of information for the industry who struggles to access and use APPS. I rely on her knowledge to answer many of the questions posted to me about APPS and the previous participation process (known as 2530).

Denise Muha

Executive Director NLHA

Rosemarie,

We would be amiss if we did not write to tell you how much we appreciated your assistance with our 2530 submission. You knocked it out of the park with the first submission and got our approval, even though the government was shut down! You stayed on top of HUD and you kept us informed every step of the way. We would highly recommend your company!

Thanks again~

Lisa Williams, Saundra Sloan and Luz Bouleris

True Grit Asset Administration, LLC

My name is Kathy Thomasson and I worked at HUD Headquarters in the Previous Participation and Review Division. Rosemarie and I began working together on 2530 clearance during the AIMCO/Insignia merger in 1998 and on through 2005. The portfolio she reported on was the largest affordable owner and agent with varying degrees of needs. HUD 2530 filings had to come up to Headquarters for me for review and approve. I can attest to the amount of dedication she put into helping get 2530’s filed, flags resolved and fulfillment of any item I needed from her organization. She was a tremendous resource for us as well when we started the pilot program for electronic 2530’s, now known as APPS.

Kathy Thomasson

HUD Headquarters Analyst Previous Participation Review Division

Just wanted to say Thank you to Rosemarie with Secured Systems Consulting LLC on our recent closing for our HUD Apartment Project in Oklahoma City. The SSC Group completed all the Active Partners Performance System (APPS) for our HUD 2530 Documents. Great job can’t wait to close another project with you in the future!!!

Bob Keller

CEO at Larry Snyder and Company

My recommendation is of the highest regard to Rosemarie Harris and her company, Secured Systems Consulting, LLC. Her wealth of knowledge and understanding of HUD Active Partners Performance System (APPS) is unmatched. We have been doing business with HUD since its existence. Transitioning assets that have been in our company’s portfolio for a significant amount of time, from paper to the electronic HUD APPS has been a challenge. Thank you for your expertise and diligence in assisting us with being the best we can be with regard to all things HUD.

C. Michelle Moore

Executive Assistant to CEO and Chairman | The Yarco Companies

My name is Roy Lee III, I am a former Asset Manager and Associate Counsel for Security Properties Inc Affordable Housing Division, located in Seattle WA. I am writing to give my most enthusiastic recommendation for Rosemarie Harris of Secured Systems Consulting, LLC. She is extremely competent in the United States Department of Housing and Urban Development’s (“HUD”) regulatory issues.

I coordinated with Rosemarie for fourteen years on HUD regulatory issues between AIMCO Apartment Homes and Security Properties Inc., while she was Director of Regulatory Affairs. Rosemarie’s encyclopedic knowledge of HUD procedures, people skills and enthusiasm are unmatched. I have never met anyone with such meticulous organizational skills and sheer ability to just “get things done.”

Roy Lee III

Attorney at Law

I had the privilege of working with Rosemarie from 1999 through 2009 as AIMCO’s Executive Vice President with responsibility for asset management of the largest government subsidized multifamily portfolio in the country. Rosemarie is an expert in the 2530 Previous Participation disclosure process and has leveraged her relationships at HUD to execute extremely complex transactions and resolve the most challenging flag issues an owner can face. She successfully and professionally managed the large amount of data required for AIMCO to disclose its multi-tiered ownership structures encompassing more than 800 properties aggregated through its acquisition of numerous companies including NHP, Insignia, Oxford and Casden. Her efforts enabled AIMCO to successfully obtain 2530 clearance to complete these acquisitions and more than 50 LIHTC redevelopments with substantial impact on the earnings of the company.

Rosemarie is diligent and tenacious, yet always professional and personable. Her contributions at AIMCO were invaluable, and her relationships and experience are a potential asset for any owner of government subsidized properties.

Lance Graber

I am pleased to write this letter of recommendation of Secured Systems Consulting, LLC. We recently closed a HUD 236 with various forms of financing on an acquisition and rehab development. At the last minute, we found out that we were not HUD 2530 approved an enlisted the services of Rosemarie Harris to help us with that approval process. In researching that system on our own, we found that it was nearly impossible to submit the request, get approval, and close our transaction timely, especially with looming deadlines of lenders and equity participants.

Rosemarie Harris was able to work with us through the 2530 process and receive approvals quickly in order to close escrow as scheduled. We would highly recommend Secured Systems Consulting to work with developers on not only the 2530 process but other HUD related processing issues as well.

Dave Michael

Executive Director Pacific Development

I was fortunate to be referred to Rosemarie through a mutual business colleague and she was incredibly helpfull. Her assistance in preparing our 2530s as well as guidance through the HUD process was critical in our transaction. I would highly recommend working with Secure System Consulting, LLC

Patrick Theismann

Vice President at Beacon Management Corporation

Having the right HUD 2530 compliance is the key to HUD 2530 reporting. Secured Systems Consulting is your to go company any time you need help with managing the complex HUD system. We have a team of professionals led by Rosemarie Harris who has over 20 years of experience in the industry.

With us, you’ll get the right advice for your organization. You can even choose to outsource your HUD solutions to our experts who will set up, file, and maintain your HUD 2530 reports.

Give us a call today and together with our HUD 2530 compliance experts, you’ll kick start your success journey.

We can’t wait to make you one of our happy clients!

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