HUDBlast February 23, 2010

For an archive of HUDBlasts visit RBD online at www.rbdnow.com

Upcoming EIV Webcast Offered by HUD

Just a friendly reminder for those of you who are working with EIVÖHUD will be offering an EIV Question and Answer session, via the web, on Thursday, February 25 from 11:00 AM until 1:00 PM EST.  You can access HUD webcasts via HUDís web site at http://portal.hud.gov/portal/page/portal/HUD/webcasts/schedule.

This webcast has been presented as a Question and Answer session and industry professionals who plan to participate should read or review the following:

Familiarity with the Rent Refinement Final Rule publications may help as well.  We have posted these under the EIV Resources link on our web site at www.rbdnow.com

Please be sure to prepare before the webcast.  We need to make the most of the time and resources that HUD is utilizing to answer our industry questions.

TRACS Meeting in March

For those of you who regularly attend HUDís TRACS Industry Meeting, the March 2010 meeting will be held on Wednesday, March 17, 2010 and Thursday, March 18, 2010 at the Department of Housing and Urban Development (HUD) Brooke- Mondale Auditorium on 451 Seventh Street SW, Washington, DC.

All meeting attendees should enter the HUD building through the South Visitor's Entrance (near 7th and E Street SW).

To register, you must cut and paste or type the link below into your browser's address bar:
https://web.psi-it.com/TracsRegistration/survey/registration.asp

Registration needs to be complete by March 10, 2010.

HUD Webcast Explaining Multi-family Housing Closing Forms

On Friday, HUD delivered a webcast from 12:00 until 3:00 providing clarification to questions surrounding the closing forms used by owners of properties operating under HUDís Multifamily Housing programs.  HUD discussed proposed changes to these forms including changes to the regulatory agreement.  For those of you who missed the webcast, it should be posted soon on HUDís webcast archives.  http://portal.hud.gov/portal/page/portal/HUD/webcasts/archives

Upcoming RBD Training

HUD Today

Things are changing fast in the HUD Property Management world!  Join us for the HUD Today class where we discuss the latest in occupancy instruction.

  • EIV Policies Ė Security and Use Policies - Updated
  • Using EIV - Updating
  • New EIV Monitoring Guidance
  • Changes to HUDís regulatory requirements
  • New Income Exclusions
  • New Forms
  • Rent Refinement Final Rule effective January 31, 2010
  • New Social Security Number requirements (all residents, regardless of age)
  • HUDís guidance about addressing Dual Subsidy
  • Properly submitting mid-month changes in household composition
  • CAs requirements regarding late ARs and the voucher

Itís a full time job just to stay on top of current occupancy issues and their impact on day-to-day property management functions. Join Mary Ross for training on new occupancy requirements and how changes will impact your processes and your Management & Occupancy Review.

Upcoming RBD Training

HUD Today

Things are changing fast in the HUD Property Management world!  Join us for the HUD Today class where we discuss the latest in occupancy instruction.

  • EIV Policies Ė Security and Use Policies - Updated
  • Using EIV - Updated
  • New EIV Monitoring Guidance
  • Changes to HUDís regulatory requirements
  • New Income Exclusions
  • New Forms
  • Rent Refinement Final Rule effective January 31, 2010
  • New Social Security Number requirements (all residents, regardless of age)
  • HUDís guidance about addressing Dual Subsidy
  • Properly submitting mid-month changes in household composition
  • CAs requirements regarding late ARs and the voucher

Itís a full time job just to stay on top of current occupancy issues and their impact on day-to-day property management functions. Join Mary Ross for training on new occupancy requirements and how changes will impact your processes and your Management & Occupancy Review.

TRACS Today & EIV Today

TRACS Today, EIV Today

TRACS Today - After receiving multiple requests, we are glad to offer a new, updated and exciting new TRACS class.  This class offers students a full explanation of the TRACS process including how TRACS files are created and sent to HUD.  Everything from certification to voucher processing.  We also explain what happens when the files are received by HUD.  Discussion includes information about TRACS and EIV errors Ė what to do when you receive them and how to avoid them!  Also learn how errors in the TRACS system can affect EIV.  Join us for TRACS Today in the following cities.

EIV Today Ė Do you need to really spend some time reviewing the EIV System?  Now that implementation of EIV is mandatory (effective January 31, 2010), owner/agents must be sure that they are complying with HUDís requirements.  Development of written Security and Use policies might be one of the more challenging tasks we face today.  This class focuses solely on the EIV process, from security to file maintenance to periodic reporting.  Join Mary Ross to discuss what reports are required for applicant screening, what reports must be reviewed on a monthly basis, which reports are available for income verification, and how to use EIV to ensure resident compliance. 

And what happens when you discover that a resident has failed to report income?!?  Weíll also review the repayment process including how to supply repayment information to HUD via the voucher.  Thatís a lot to cover and weíre going to take a full day to make sure you understand how to use the system to help HUD ensure that the right assistance is going to the right people.  Join us for EIV Today in the following cities.

To register for training, visit our web site at www.rbdnow.com of contact our Training Coordinator (Larue Marin) at 770-426-0577 or email her at larue.marin@rbdnow.com.

 

To sign up for the HUDBlast, visit our web site at www.rbdnow.com.  Just enter your email address in the box in the center of the home page.  You can view previously posted HUDBlasts from our web site at http://www.rbdnow.com/hudblasts.htm

 

We also encourage you to sign-up for the Listserv, so you can receive current RHIIP related information from HUD http://www.hud.gov/subscribe/mailinglist.cfm You can view the RHIIP Tips Archives, under "Listserv-Multifamily RHIIP Tips" at http://www.hud.gov/offices/hsg/mfh/rhiip/mfhrhiip.cfm

 

RBD does not act as a legal advisor nor as a regulatory governing agency.  The recipient should understand that any materials or comments contained herein are not designed for, nor should be relied upon as a source of legal guidance or as a final authority with respect to any particular circumstance. Ross Business Development, Inc. makes no warranty of merchantability or fitness for a particular purpose or any other warranty of any type. Owners and management should seek competent legal advice in developing and carrying out policies and procedures.  While we have been diligent in our efforts to provide comprehensive and accurate regulatory information, Ross Business Development, Inc. shall not be responsible for errors or inaccuracies.