++ Annual HTC Update Training
October 9, 2008: 8:30 - 4:30 pm
U of M Continuing Education and Conference Center
(Saint Paul Campus)
1890 Buford Ave
St. Paul, MN 55108

This daylong session will focus on clarifications and updates to monitoring criteria and procedures. Updates to HUD, IRS, Treasury regulations, Section 42 tax credit policies, procedures, manuals, and forms will be covered. New requirements and changes resulting from the Housing Stimulus Act Legislation will be addressed along with the utility allowance definitions under amended 26 CFR part 1. Common findings of noncompliance and approaches to corrective action will be presented for Q & A. An overview of the IRS 8823 Guide will provide Owners and Managers with an outline of compliant project activities. The material is appropriate for all Owners and Owner’s Agents (property management staff) who work with applicants and residents of HTC affordable housing units. At least one Owner representative from each project is required to attend. Please complete and submit the registration form here.

++ Micro Training Session: Qualifying the Household at Move In - Best Practices
SAVE THE DATE!
October 8, 2008: 8:30 am - 12 pm
U of M Continuing Education and Conference Center
(Saint Paul Campus)
1890 Buford Ave
St. Paul, MN 55108

This half day session is for site managers or self-managing owners who handle applicants, verify income and assets, and determine a household’s eligibility before occupying an HTC unit. This will be an excellent introduction to HTC Program fundamentals for new or less experienced site managers before attending the Annual Update Training (on the following day). Please complete and submit the registration form here.

++ HOME – Income Eligibility Training
September 17 and 18, 2008
Registration is full – please contact us if you are interested in more HOME Training sessions.

This training will teach attendees how to calculate a family's eligibility for HOME-assisted housing units using annual income as defined at 24 CFR 5.609.  Training will include: determining whose income to count; definitions of income, assets, and allowances; the methods to calculate them; and the necessary source documentation.  There will also be a special focus on HOME requirements for increasing rent and renting vacant units after a household exceeds the HOME Low Income definition.

++ Upcoming Micro training session topics:

 - Completing Annual Reports
 - Qualifying the HH with 4350.3
 - Placing a new project in service
 - Acquisition / Rehab projects and internal unit transfers
 - Fair Housing
 - New site manager training
 - Managing projects with multiple rent or income restrictions
 - Training for Compliance Supervisors
 - Clarifying and correcting files
 - Extended Use Period

Planning for 2008-09 training sessions is in progress. Send us an e-mail to pre-register for any of the above sessions or to suggest additional training topics.