HUD Recertifications: Annual and Interim (With HOTMA Highlights)

Important: This course is not for those working with Public Housing Projects, the Housing Choice Voucher Program

The requirement to do Annual and Interim Recertifications on a HUD property can feel like being chased by a freight train.

The Course Will Include

• Annual Recertification basics include timing, procedures, notices to residents, and effective dates of changes in rent and HAP based on the resident’s cooperation or non-cooperation, the amount of time the owner has to process, owner, caused delays, and the cooperation of verifiers.
• Interim Recertification basics when tenants must report, owner’s responsibilities, effective dates of rent, and HAP changes when a tenant does and does not report timely.
• Tips on how to stay on top of the situation and drive your own train.

Areas Covered

Annual Recertification

• HOTMA Updates
• Requirements
• Dates – Anniversary and Alternative
• Notifications
• Consequences for Failure to Respond
• Timeliness Scenarios
• Reinstatement and Extenuating Circumstances
• EIV

Interim Recertification

• HOTMA Updates
• Tenant requirements
• Owner requirements
• Timeliness issues – Rent Changes
• EIV

Who Should Attend

• This course is for Managers, Occupancy/Certification Specialists, and Compliance Managers of HUD Multifamily Properties and properties that have converted to Project-Based Rental Assistance (PBRA) through HUD’s Rental Assistance Demonstration (RAD) program and who are using the HUD 50059 Tenant Income Certification form.

This course is not for those working with Public Housing Projects,  the Housing Choice Voucher Program, or properties that have converted to Project Based Vouchers (PBV )through HUD”s Rental Assistance Demonstration (RAD) program and who are using the HUD 50058 Tenant Income Certification form.

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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