Whether the property is a Section 8, Rent Supplement, 236, 202, 202/8, 202 PAC, 202/811 PRAC, 231, 221(d)3 or 221(d)3 BMIR, having an income stream that keeps pace with operating costs is key to ensuring the present and future viability of the property and its ability to provide the facilities and services the residents need.

Areas Covered

This class will take an in-depth look at:

• The various rent increase methods available to housing providers,
• Which ones apply to which type of property,
• When and how the Owner can choose their method,
• What to submit with the request, and
• How to justify line-item increases over 5%.

The course will be based on the current Section 8 Renewal Guide, Chapter 7 of the 4350.1 - – Processing Budget-Based Rent Increases, and proposed guidance from the Draft Revised 4350.1 Chapter 2.06 – Budget-Based Rent Adjustments. Participants will need a calculator.

Additional Benefits

• Live Q&A With Gwen
• Quiz During The Class
• Certificate Of Participation
• Handouts

Who Should Attend

• Owners/Agents,
• Managers,
• Resident service coordinators,
• Supervisors, and
• Maintenance

Speaker(s)

Gwen Volk

Gwen Volk has worked in the affordable housing industry since 1983. She has been president and CEO of a Midwest property management company and chief compliance officer over a Dallas firm’s national portfolio. She has a Master’s degree in Business and is a Certified Property Manager through the Institute of Real Estate Management. Gwen holds certifications as a National Affordable Housing Professional – Executive Level, Specialist in Housing Credit Management, Housing Credit Certified Professional, Certified Professional of Occupancy, and in Fair Housing Compliance and has been a servant leader in the AHMAs, NAHMA and IREM throughout her career. Gwen is a nationally recognized expert in the tax credit, bond, HOME, and Section 8 programs and enjoys helping agents, owners, and managers make sense of it all.

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