Other Multifamily Topics
AHACPA is pleased to announce two new classes specifically addressing administration of the Section 8 program. Such classes will be presented with Ari Rubenfeld of Urban Wise Consulting. The classes will be presented as 2 four-hour seminars. These seminars along with a brief description content descriptions are included below.
Tenant Files 101
Tenant Files 101 – This class will introduce auditors and management company personnel to the basic concepts of providing subsidy to tenants. A potential agenda is included below.
- Overview of the subsidy process
- Related HUD guidance
- HAP Contract
- Renewal contracts
- The Occupancy Guide (HUD Handbook 4350.3)
- HUD Systems
- Interfaces with client software
- Overall Requirements - Introductions to:
- Affirmative fair Housing Marketing Plan
- Tenant Selection Plan
- Section 504
- Other (Grievance policy, Maintenance policy, VAWA
- Overview of Rental Process
- Waitlist Management and tenant selection (includes HUD’s evolution on criminal screening)
- Determining Income & Calculating Rent
- Recertifications/Rent Changes
Section 8 Profitability
Maintaining Section 8 Profitability During the World-wide Pandemic – This gives an in-depth look at how to maintain effective operations and profitability during these challenging times. Our initial agenda is a follows:
- Changes in Section 8 or other subsidy programs Due to COVID-19.
- CSP funding
- Increases to HAP contracts as a result of the CARES Act (approx $800 million)
- HUD Allowed changes to the recertification process
- E-Signatures and working remotely with tenants
- Includes a discussion on existing software solutions
- Eviction moratorium
- Billing and Receiving Special Claims for Vacancies
- Working with resident throughout the Pandemic
- Considerations for Moving to Paperless Solutions
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:
- Basics of Uniform Guidance planning
- Low-risk auditee determination
- A/B program classifications
- Applications of Compliance supplements
- Section 202/811
- Section 8 cluster
- 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
- Differences in reporting of findings and corrective action plans between the Guide and UG.
- Required internal control over compliance testing
- Correlation of procedures between compliance and AFS testing.
- 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:
- COViD-19 related changes to program requirements, including quarterly reporting requirements.
- Financing alternatives for potential cash-out refinances based on new debt seasoning guidance.
- PPP loans and program requirements (specifically implemented HUD financing documents)
- 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.
|COURSE||FEE||MEMBER FEE *|
|Multifamily Update, Lender Update, HUD 101 (Each 4 hour session: 4 CPE Credits)||$149||$129|
|Multifamily Conference(Each 5+ hour session: 5.3 CPE Credits)||$169||$149|
|Multifamily ConferenceSign up for all 3 days to receive $50 discount: 16 CPE Credits||$457||$397|
Multifamily Update, Section 8, Tenant Files, Single Audit, Multifamily Conference:
Auditors, owners & managers of HUD-subsidized multifamily properties
Individuals new to the Multifamily HUD audit area.
AHACPA provides Group Live, and Group Internet Based courses with interactive discussion.
Participants will receive knowledge enabling them to more successfully:
- Understand compliance requirements, including recent changes.
- Complete audit procedures in more complete and efficient manner.
- Comply with professional standards in the completion of those audits.
- Successfully prepare acceptable documentation to support audit work.
In accordance with the standards of the National Registry of CPE Sponsors, CPE Credits will be granted based on a 50-minute hour. A Sample of distribution of credits for fields of study is below.
|Course||CPE Credits Accounting (Governmental)||CPE Credits Auditing (Governmental)||Total Credits|
|4 hour Webinar (per session)||2||2||4|
|Multifamily Conference Webinar (per session)||2.6||2.7||5.3|
|One-Day in Person Course||4||4||8|
|Two-Day In Person Course||8||8||16|
AHACPA Offers update-level courses. Participants should have a basic working knowledge of general accounting or auditing experience.
No advance preparation is required. Prior to the course, attendees will receive a link to the electronic materials. In-person attendees will receive a hard-copy printed book in addition to the electronic materials.
A microphone and webcam are not required for webinar attendees. The webinar software provides opportunities for written communication with the instructor.
AHACPA uses a variety of methods to monitor participant engagement and attendance.
Tracking for Individuals: Our internet-based classes are hosted on the Zoom.us platform. Throughout the course poll questions will randomly pop up asking you to confirm you are in attendance. CPE credit will be awarded after AHACPA reviews participant responses to poll questions.
Tracking for Groups: In situations where small groups view a course together, it is not necessary for the individuals in the small group to respond to the polling questions individually. The person logged into the program may respond to the polling question on behalf of the group. However, there must be an individual in the group monitoring active participation. A form will be provided to group for tracking purposes. This form must be returned to AHACPA before CPE certificates will be issued.
All cancellation requests must be received in writing (email or fax is fine).
- Webinars: Registration fees are fully refundable provided the request is received at least two business days prior to the webinar. Requests received less than 2 days before the course will receive a refund less an administration fee of $25.
- In-Person Courses: Registration fees are fully refundable provided the request is received at least three weeks prior to the course. Requests received after this date, but one week before the course will receive a refund less an administration fee of $50 for One-day Update Courses and $75 for Two-day Conferences. Due to financial obligations incurred by AHACPA, no refunds will be issued for cancellation requests received less than a week before the course.
In the unlikely Course that AHACPA must cancel a course, all registrations fees paid to AHACPA by attendees will be refunded in full.
For more information regarding refund, complaint, and/or program cancellation policies, please contact our office at 801-547-0809.
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.