Friday, May 26, 2023
Creating and Reporting Repayment Agreements
9:00 am - 10:30 am CST
| Jenny DeSilva |
$95 AHMA Members | $145 Non-Members
REGISTRATION DEADLINE MAY 25
This advanced class is designed for compliance staff and onsite staff who handle recertification processing within their TRACS compliance software.
Free Money -- This is your opportunity to shift the amount your resident owes you for mis-reporting of income to HUD and get the receivable off your books!
The group will explore common scenarios that prompt subsidy repayment agreements. The instructor will test participant understanding of how the overpayment occurred and which lease obligation(s) the tenant did not meet, while sharing effective tips to minimize repayments in the future. The group will then practice calculating the balance of overpaid subsidy owed to HUD and determine when these transactions will appear on the voucher.
Using a realistic case study, the instructor will show participants how to correctly report various types of repayment transactions on the new repayment agreement schedule of the monthly voucher and how to proceed when terms of the agreement are not upheld by the tenant.
