Compliance Inspections
To verify compliance of individual construction phases, or turn-key construction grant projects.
What is the purpose of a compliance inspection?
Funds are to be released immediately, or within10-business days, after receipt of the grant check.
When is an Escrow Account Not required?
Is used in conjunction with an active, approved grant to access remaining grant funds.
What is a supplemental grant?
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At least 3 years of construction related inspection experience. Satisfactory Credit Alert Interactive Voice Response System(CAIVRS) screening results. An active inspector license, if required from the state.
What are Compliance Inspector Minimum Qualifications?
Banks, attorneys, Federal Housing Administration (FHA) approved mortgagees, title insuring, companies, supervised lenders, as defined in Title 38, United States Code 3702(d).
What are institutions or agencies that qualify as escrow agents?
An approved change order may necessitate a request for additional grant funds through a supplemental grant. Supplemental grants may also be used to request remaining grant funds for a mortgage principal balance reduction.
When is the proper time to Request a supplemental grant?
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The three inspections normally include, but are not limited to: an inspection when the foundation/slab is complete and ready for backfill; a second inspection when the housing unit is enclosed and rough-ins are complete and a third inspection when the housing unit and landscaping are complete.
What are Minimum Number of Inspections for New Construction?
Must be selected prior to grant approval.
When to Select the Escrow Agent?
In order to reduce construction delays, supplemental grant requests must be reviewed, and approved or denied, by RLC management within 3-business days of receiving the required documentation.
What are the timeliness Requirements of a supplemental grant?
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Who is Art Valedz?
A brief narrative of his or her observations in Section 1 of the CIR. Digital photographs of the construction phase or project inspected and an invoice.
What are items the CI should provide when completing the CIR?
Is responsible for submitting a full accounting to VA of all funds released.
Who is the escrow agent?
A supplemental grant was requested for a mortgage principal balance reduction, no compliance inspection is necessary for the release of these funds.
When are the supplemental grant funds not required to be deposited into an escrow account.
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Who is the Houston SAH Team?