Multifamily Other

Other Multifamily Topics

Upcoming Dates

Section 232 – Leased Nursing Home Update

November 14 @ 10:00 am - 1:35 pm MST

Highlights:

Select a Course Title for More Information

Multifamily Tenant Files

Multifamily Tenant Files

This two-part webinar series will introduce auditors and management company personnel to the basic concepts of providing subsidy to tenants. Topics will include:

  1. Overview of Subsidy Process
  2. HUD systems
    • RHIIP - Rental Housing Integrity Improvement Project
    • TRACS - Tenant Rental Assistance Certification System
    • MAT - Monthly Activity Transmission
    • Client software (brief discussion)
  3. Related Guidance
    • HAP - Housing Assistance Payment
    • TSP - Tenant Selection Plan
    • AFHMP - Affirmative Fair Housing Marketing Plan
    • Section 504 - Rights to persons with disabilities
    • VAWA - Violence Against Women Act
    • Other (Grievance, Work Orders, etc.)
  4. Rental Process
    • Key Documents
      • Application
      • Lease
      • Other policies
    • Application process
      • Screening
      • Preferences
      • Sex-offender and Criminal (Also covered in the application)
      • Waitlist
    • Determining Income, Rent and Deductions
    • Recertifications
    • Terminations
  5. MORs (Management & Occupancy Review)
  6. Audit Process
    • Sampling
    • Testing Strategies
    • Risk Assessment
    • Documentation
    • Findings 

Multifamily Single Audit for HUD

Single Audit for HUD

This course will address the differences between a multifamily audit under the HUD Audit Guide versus one under Uniform Guidance. Differences to be discussed will include:

  1. Basics of Uniform Guidance planning
    1. Low-risk auditee determination
    2. A/B program classifications
    3. Other
  2. Applications of Compliance supplements
    1. Section 202/811
    2. Section 8 cluster
  3. Application of guidance where no compliance supplement is available. This is of particular interest for any NFP entity who has a HUD-insured mortgage, including how to apply the HUD Audit Guide
  4. Differences in reporting of findings and corrective action plans between the Guide and UG.
  5. Required internal control over compliance testing
  6. Correlation of procedures between compliance and AFS testing.
  7. Sampling strategies available for single audits

This course is scheduled for 4 hours of governmental auditing. A basic knowledge of HUD Audits is recommended.

 

Section 232 Projects

Section 232 Projects

This course is designed to give a program specific update related to the 232 program. Specific topics will include:

  1. Overall 232 monitoring by HUD
  2. Financing alternatives for potential cash-out refinances based on new debt seasoning guidance.
  3. PPP loans and program requirements (specifically implemented HUD financing documents)
  4. Lender risk assessment tools and their implications for auditors.

This course is scheduled for 4 hours of governmental accounting. A basic knowledge of the 232 program is recommended.

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Course Fees (Per Person Per Session)

COURSE FEE MEMBER FEE *
All AHACPA Webinars
(Per person per 4 hour CPE session)
$175 $150

AHACPA Membership is $300 per year and covers all individuals at a single address.
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CPE Details

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AHACPA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.