HOTMA Income Rules – March 6 * 10:00AM – 11:30AM
Covers changes in the treatment of foster children and adults, new income exclusions, modifying calculation methods, the new verification hierarchy and other modifications to verification requirements, adopting means-tested and streamlined approaches, and incorporating student financial aid across HUD programs.
HOTMA Asset Rules – April 24 * 9:30AM – 11:00AM
Addresses new asset exclusions, the new asset thresholds, the treatment real property and non-necessary personal property, changes in verification requirements, new method of imputing income, impact of means tested verification and the self-certification process for assets.
HOTMA Allowances and Deductions – May 7 * 10:00AM – 11:30AM
Highlights CPI-based changes, the increase from 3% to 10% factor when calculating medical and disability expenses, phase-in for existing tenants, provisions for general relief, owner choices for incoming tenants, and owner’s discretionary hardship policies.
HOTMA Annual Recertification – June 3 * 10:00AM – 11:30AM
Explains and demonstrates updated methods for income determination and the expanded use of the Enterprise Income Verification (EIV) system in calculating income as well as new Owner options for changes 90 days prior to AR.
HOTMA Interims – July 8 * 10:00AM – 11:30AM
Examines changes to leases, the 10% adjusted income threshold for increases, owner discretion on decreases, limitations on reviewing increases in earned income, owner options with EIV, processes for non-interim re-examinations and new limitations on retroactive rent reductions.
HOTMA Section 8 Asset Restrictions, New Forms, EIV, De Minimum Errors, and SSN verification – July 23 * 10:00AM – 11:30AM
Details the net cash value cap, restrictions on real estate that is suitable for occupancy, admission criteria, Owner options for current residents, cure opportunities, timelines, and applicable exceptions. Reviews new forms (leases, HUD-50059, HUD-9887, and HUD-9887A), guidelines on their implementation, the impact of minor errors on owners and tenants, suspension of EIV Income Discrepancy reports, enhanced verification methods for Social Security Numbers, and required topics for tenant selection plans.
Cancellation Policy: Cancellations must be received in writing five business days in advance. No shows will be billed, substitutes accepted.
Non-Members must pre-pay.