HUD meeting highlights fair, evidence-based valuation enforcement
In this issue:
- Appraisal Institute leaders met with HUD officials to discuss fair housing, evidence-based enforcement, and the role of appraisers in credible valuation
- AI-supported appraisal bills advanced as part of the bipartisan 21st Century ROAD to Housing Act
- Register for the next free Trending Topics Thursday webinar on BRAVE and the future of commercial appraisal data
- Explore summer Business Practices and Ethics courses, plus additional chapter education opportunities in July
Appraisal Institute Leaders Discuss Fair, Evidence-Based Valuation Enforcement with HUD
Appraisal Institute leaders met this week with senior officials at the U.S. Department of Housing and Urban Development's Office of Fair Housing and Equal Opportunity for a candid and constructive discussion about valuation policy, fair housing enforcement, and the role of appraisers in the housing finance system.
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AI Blog
Advanced Residential Applications and Case Studies / Part 1 is required core criteria for the Certified Residential (CR) credential and an important step on the path to the SRA Designation. For appraisers at this stage, the work shifts from knowing the methodology to demonstrating the judgment expected of a designated professional.
A new AI blog explores how this course bridges applied analysis and real valuation decisions, and why it matters for both the CR and SRA pathways.
The next synchronous session begins July 7. Read the blog and register today.
Sign up for our next free webinar
Reserve Studies for HOA & Condominium Associations - What Appraisers Need to Know
June 18, 2026 at 11:00 AM CDT
Reserve studies are increasingly shaping how community associations plan, fund, and disclose long‑term capital needs, and this has real implications for valuation, risk, and marketability. In this one‑hour, appraiser‑focused webinar, a reserve-study practitioner and an HOA general manager (end user) discuss how reserve studies are developed and used, what boards and managers look for when hiring reserve professionals, and practical ways appraisers can interpret and evaluate reserve-related information when working on condominium and HOA‑governed properties. The program also highlights emerging legislative requirements affecting association reserves and introduces how appraisers can leverage core cost approach competencies to expand into reserve-study work.
Key takeaways include:
- Reserve study fundamentals: scope, major components, and common terminology
- How associations use reserve studies for budgeting, capital planning, and communicating funding needs
- What an HOA/condominium manager looks for when procuring reserve-study services and reviewing deliverables
- Legislative and regulatory trends influencing reserve requirements and disclosures
- Opportunity for appraisers: how reserve studies align with, and can leverage, core cost approach competencies, plus practical career pathway insights for adding reserve studies to your service offerings
Panelists:
- Bernie Guthrie, General Manager, CMCA, AMS, LSM, PCAM, Lake of the Woods Association, Inc
- Jon (Jay) Dawson, SRA, AI-RRS, RS, Edge Realty Advisors
AI-Supported Appraisal Bills Included in Landmark Housing Package
Two appraisal-related bills supported by the Appraisal Institute, the Appraisal Industry Improvement Act and the Appraisal Modernization Act, have been included in the bipartisan, bicameral housing package, H.R. 6644, the 21st Century ROAD to Housing Act. The legislation, which recently advanced in Congress as part of a broad housing and banking reform package, would enact several long-sought appraisal profession improvements.
- The Appraisal Industry Improvement Act would strengthen appraisal licensing and training pathways, enhance standards for FHA-approved appraisers, provide greater flexibility for trainee appraisers, and support workforce development efforts.
- The Appraisal Modernization Act would establish a consumer-driven process for reconsiderations of value and second appraisals while directing the Government Accountability Office to study the feasibility of a publicly available appraisal database.
Inclusion of both measures in this landmark package underscores the growing recognition in Congress of the important role appraisers play in supporting credible valuations, consumer protection, and a healthy housing finance system.
Member Moves and Media
Clough Examines U.S. Hotel Market Trends
Rod Clough, MAI, President of HVS Americas, recently authored an article for 4Hoteliers that analyzes U.S. hotel market performance, highlights improving occupancy and strengthening revenue trends, and provides an outlook for hotel valuations and investment activity in 2026.
Aji Explores the Complexities of Valuing University Campuses
Maria Aji, PhD, Associate Member, recently authored an article for Valbridge Property Advisors examining the unique challenges of valuing university campuses, including the treatment of specialized facilities, mixed-use assets, and the evolving financial dynamics facing higher education institutions.
Real Estate Horizons
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Team Appraisal Institute
