With the implementation of HOTMA the fundamentals of income and its sources have been redefined. We will explore the new definitions outlined in Section 102 and 104 of the new ruling as well as discuss how to determine if the income is included or excluded. We must also explore the Student Financial assistance and how to determine the new method of including students over 24 years of age.
Why You Should Attend
Training on income fundamentals is crucial within the affordable housing community. Professionals involved in this sector, such as housing authorities and managing agents, benefit from understanding how to assess and verify applicant income for eligibility. This training aids in accurately calculating rents, implementing income targeting policies, and navigating government programs. Understanding income dynamics is key for effective policy advocacy and crisis response, ensuring professionals can address the unique challenges within the affordable housing sector.
Areas Covered
Who Should Attend
Tina Austin has been in the affordable housing industry for more than 15 years and currently serves as the CEO of Compliance One. Her experience ranges from being a property manager to the Vice President of Operations with Affordable Housing program compliance always being her passion. Known to many of her clients as the Compliance Coach and “Fixer”, Tina’s expertise is taking a non-compliant distressed property into a compliant model property. Her no-nonsense, personable style of training keeps the bottom-line objective to “Always protect the asset”. Tina is a part of several HUD Roundtable committees and sits on the boards of two non-profit organizations. Affordable Housing is dear to her heart as she believes everyone deserves to have decent, safe and stable housing.
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