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

Since 1983, Gwen Volk has assisted owners, agents, and on-site staff in navigating the programs that provide housing for low and moderate-income families. She has served as president and CEO of a Midwest affordable housing management company, as chief compliance officer for a Dallas-based firm, and has provided training and consulting services in 36 states. Gwen is a nationally recognized expert in tax credit, bond, HOME, HUD and Rural Development program compliance. She has twice served on NAHMA’s board of directors and has also served on the board of the NAHMA Education Foundation. She has chaired NAHMA’s Certification Review Board, Fair Housing, Education and Training, and Specialist in Housing Credit Management (SHCM) Advisory Committees, and has been a member of the SHCM exam-writing committee from the start. Since 2009 Gwen has served on IREM’s Federal Housing Advisory Board and previously chaired IREM’s Ethics Hearing and Discipline Board. Gwen holds the CPM, NAHP-e, SHCM, HCCP, CPO, FHC and RAM designations. She holds a BA in English and Education and a Masters Degree in Business Management. She is a NAHMA-certified trainer for the Certified Professional of Occupancy (CPO), Fair Housing Compliance (FHC) and Blended Compliance Designation (BCD) courses and for the SHCM Blended Learning on-line certification course. Gwen’s classes are interactive, informative and in demand.

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