Important: This course is not applicable to Public Housing or Housing Choice Vouchers

An introduction to the EIV income discrepancies. Simplifies what at first glance is very complicated. Shows participants how to “read” an Income Discrepancy Report – the Period of Income, Effective Date of Action, Actuals vs. Annualized Last Quarter, and how EIV comes up with those negative and positive numbers. Participants will learn the causes of false and true discrepancies and the basics of how to investigate and resolve them.

Please join Gwen Volk, the best-in-class speaker to learn more about the EIV Income Discrepancies. This introduction to EIV income discrepancies simplifies what at first glance is very complicated.

Learning Objectives:

• Learn what type of income is and is not reported in EIV
• How to Read the Income Report and Income Discrepancy Report
• The Period of Income, Effective Date of Action, Actual vs Annualized Last Quarter
• How EIV comes up with those negative and positive numbers
• Learn how to calculate and reconcile the income earned during the Period of Income (POI) to the applicable 50059
• How to identify whether a discrepancy is true or false
• Basics of how to investigate and resolve discrepancies.

Additional Benefits

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

Who Should Attend:

• Property Owners
• Property Managers
• Compliance Staff
• Lenders
• And anybody who uses the EIV system

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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