Project Capital Needs Assessment (PCNA)
The Project Capital Needs Assessment (PCNA) is an in depth evaluation of a multifamily dwelling and is designed to meet the requirements of HUD Section 223(f).
The PCNA is comprised of the following components:
- A thorough review of available documentation;
- Interviews with personnel familiar with the property;
- A physical site assessment of the project's systems, components and equipment;
- Termite inspection and environmental survey (Phase I, lead, asbestos, mold);
- Seismic hazard analysis in accordance with ASCE 31-02 (FEMA-310);
- A Physical Inspection Report (PIR). The PIR describes the current and future physical needs of the project and identifies:
- immediate critical and non-critical repair needs;
- expected repair, replacement and major maintenance needs over time;
- an estimated cost, adjusted for inflation, to complete such items.
Our Physical Inspection Report is logical and easy to read and is delivered per your requested method, but usually via e-mail. The report is also available from our website for viewing, downloading or printing for 90 days.