HUDBlast July 12, 2010

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

July TRACS Transmissions

If you transmitted TRACS files to HUD last week between Wednesday and Friday, you should be aware of the following announcement posted by HUD on the HUD/TRACS web site at http://www.hud.gov/offices/hsg/mfh/trx/announcements.pdf

ďDue to an iMAX deployment issue, please QA/confirm the update in TRACS for any

voucher/tenant data submitted between 5pm Wednesday (July 7, 2010) - noon Friday

(July 9, 2010). Please contact the help desk at tracs@hud.gov with any questions or if

assistance is needed. We apologize for any inconvenience!Ē

Owner/agents and Contract Administrators who transmitted data to HUD during this period should check Secure Systems/TRACS Voucher and Certification Queries to make sure all data was received.

Competing for HUD Funds

On June 7th, HUD published the General Section of its fiscal year 2010 Notice of Funding Availability- Notice of HUDís Fiscal Year (FY) 2010 Notice of Funding Availability (NOFA) Policy Requirements and General Section to HUDís FY2010 NOFAs for Discretionary Programs.

This notice provides prospective applicants for HUDís competitive funding with the opportunity to become familiar with the General Section of HUDís FY2010 NOFAs, in advance of publication of any FY2010 NOFAs. It also describes changes to HUDís policy priorities based on its new Strategic Plan for FY2010-2015, as well as submission requirements for FY2010. This information is provided to assist prospective applicants in planning successful applications.

With everything you need to do to get your organization ready to compete for HUD funds when more than 30 program-specific NOFAís are published by HUD in the weeks and months ahead, HUD has made a web site available to you to assist in the process.  Get a head start by visiting www.hud.gov/offices/adm/grants/nofa10/gensec.pdf

Join RBD For Training In The Following Cities

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 TRACS and EIV and learn how to:

  • Understand how TRACS records information
  • Avoid TRACS Errors
  • Learn how TRACS affects EIV
  • Address TRACS and EIV Discrepancy
  • Understand EIV Requirements for the Management & Occupancy Review
  • Review EIV Reports
  • Make Decisions Regarding EIV Implementation
  • Develop EIV Policies

Training includes sample forms, notices and policies that can be used to help you develop your own custom documents.

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.