ADVISORY OPINIONS
This communication by the Appraisal Standards Board (ASB) does not establish new standards or interpret existing standards. Advisory Opinions are issued to illustrate the applicability of appraisal standards in specific situations and to offer advice from the ASB for the resolution of appraisal issues and problems.
SUBJECT: Appraisals for Subsidized Housing
APPLICATION: Real Property
THE ISSUE:
Preparation of appraisals for subsidized housing in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP) requires knowledge and experience that goes beyond typical residential appraisal competency. What guidance does USPAP provide for the appraisal of subsidized housing?
ADVICE FROM THE ASB ON THE ISSUE:
Relevant USPAP & Advisory References
Identification of Subsidized Housing
USPAP 2008–2009 Edition
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