I understand why Owners of HUD subsidized properties and Management companies are sometimes afraid to spend money on training their staff. Some folks had some questions about whether or not the classes would be considered HUD approved training expenses and others had concerns they are afraid to spend too much on training for fear their [...]
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The most recent TRACS 202d Industry meeting held on March 13th & 14th was two days of great information. HDS Software was nice enough to sponsor the first unsanctioned HUD meeting where we covered the TRACS 202d Final Specifications. Mary and Jed did a great job of going over the changes of the TRACS 202D [...] AHTCS, LLC will perform a complete HUD Section 8 file audit of your resident files to determine errors, weaknesses, lapses in performance, missing or inadequate documentation, etc. Upon completion of the file audit, we will complete all required corrective actions that must be completed to correct the Errors/Findings. The file audit is based on the [...] Our TRACS industry meeting began on a sad note: Willie Spearman, Gail Williamson and Deb Lear have announced their retirement from HUD. These three individuals have made large contributions to the multifamily housing industry. They will be sorely missed! Also discussed at the TRACS industry 202D working group meeting last week was how to address [...] I have attempted to assemble a list of best practices observed by O/A’s that work with multifamily affordable housing. The list is not all inclusive or in order of importance. The ideas presented are merely another tool to assist O/A’s in the challenging role of retaining tenants and trying to keep units fully occupied by [...] Housing Notice 2011-21, Enterprise Income Verification (EIV) System, was issued today, August 19, 2011. This Notice supersedes Notices H 2008-03, H 2009-20, and H 2010-10. The Notice is posted on our website at: http://www.ahtcsonline.com/Industry Links/HUD Notices/HUD_Notice-H11-21.pdf. The revised Notice: Clarifies that IPAs may use printed EIV documents when auditing an owner’s compliance (An IPA is [...] Let us discuss which EIV reports should be maintained in the file. There is no doubt that HUD’s RHIIP initiative (through EIV) has done a great job to reduce over-payments and underpayments to HUD. On the other hand, a great responsibility has been added to the O/A in regard to HUD reporting. I must say, [...] |
           
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