Multifamily Tenant Files

This course will introduce auditors and management company personnel to the basic concepts of providing subsidy to tenants. Topics will include:

• Overview of Subsidy Process
  • HUD systems
  • RHIIP – Rental Housing Integrity Improvement Project
  • TRACS – Tenant Rental Assistance Certification System
  • MAT – Monthly Activity Transmission
  • Client software (brief discussion)
• Changes to the rental process due to pending implementation of HOTMA
  • New Forms
  • Revised asset and income requirements
  • Changes to documentation requirements
  • Other HOTMA policy changes
• Proposed tenancy time limits
• Audit Process: sampling, testing strategies, risk assessment, documentation, findings