The Owner Handbooks - What You Don’t Know Can Hurt You

Owning or managing a HUD-financed or subsidized property involves much more than understanding HUD Handbook 4350.3. While occupancy requirements are essential, several other HUD handbooks provide critical guidance on property management, asset management, financial operations, accounting procedures, and financial reporting.

In this practical 90-minute webinar, Gwen Volk will explore the key requirements of the often-overlooked HUD handbooks that owners and management agents need to understand to manage their properties effectively and meet HUD program requirements.

Participants will gain an overview of four essential handbooks:

• HUD Handbook 4381.5 – The Management Agent Handbook: Understand the responsibilities and requirements associated with managing HUD-assisted properties.

• HUD Handbook 4350.1 – Multifamily Asset Management and Project Servicing: Explore the guidance governing asset management and project servicing.

• HUD Handbook 4370.2 – Financial Operations and Accounting Procedures for Insured Properties: Review the financial management and accounting procedures applicable to HUD-insured properties.

• HUD Handbook 4370.1 – Reviewing Annual and Monthly Financial Reports: Understand the importance of financial reporting and the requirements for reviewing annual and monthly financial reports.

Whether you are new to HUD programs or an experienced professional looking to refresh your knowledge, this session will help you become more familiar with the handbooks that extend beyond occupancy and certification requirements.

This webinar is a must-attend for property owners, management agents, and affordable housing professionals who want to strengthen their understanding of HUD’s broader requirements and responsibilities.

Who Should Attend?

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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