Instructor:
Scott Michael Dunn
Date and Time:
Tuesday, April 17th: 8:00am - 5:00pm
&
Wednesday, April 18th: 8:00am - 11:00am

Location:
Hilton Garden Inn Sioux Falls South
5300 South Grand Circle
Sioux Falls, SD 57108 

Registration Rates:
Full Workshop
AHMA Members: $269
Non-Members: $269
HOTMA for LIHTC Only (4/17 Morning)
AHMA Members: $175
Non-Members: $275
HOTMA for HUD Only (4/17 Afternoon & 4/18 Morning)
AHMA Members: $225
Non-Members: $325

REGISTER

Wednesday, April 17th: 8:00am - 12:00pm
HOTMA for LIHTC

Mismanagement of HOTMA rules represents a threat to Tax Credit, HOME, and NHTF funding. The good news is that there is a formula to success in five actionable steps, and we will share it in this session. With engaging presentation techniques and a course workbook full of practical information, plan to leave confident that you can handle HOTMA with style!

5 Steps to Implementation Success

• Introduction and HOTMA History
• A gift from HUD | Implementation
• Agency implementation Schedules
• Verification preferences
• Annual adjustments
• Income adjustments
• Where are the asset inclusions?
• 28 HOTMA income exceptions
• 29 federally exempt income exemptions
• Asset adjustments
• 11 asset exclusions
• The three $50,000 asset rules
• Tying all of the asset rules together
• A few words of encouragement

Wednesday, April 17th: 1:00pm - 5:00pm
&
Thursday, April 18th: 8:00am - 11:00am

HOTMA for HUD Course

Are you ready for HOTMA? Are your new Tenant Selection Plans ready?

HOTMA is the biggest change in affordable housing history. There is a LOT to it, but we have refined it all into actionable steps that you must take to succeed! As there is a huge emphasis on HUD Tenant Selection Policies in HOTMA with a looming deadline, we are also going to cover all of the needed TSP items with helpful checklists and full explanations throughout.

With engaging presentation techniques and a course workbook full of practical information, plan to leave confident that you can do more than just survive HOTMA. You can thrive under HOTMA!

HOTMA for HUD and other assisted programs (PBRA Section 8, 811, Rural Development, etc.)

• Introduction and HOTMA History
• A gift from HUD | Implementation
• Agency implementation Schedules
• Verification preferences
• Annual adjustments
• Income adjustments
• Where are the asset inclusions?
• 28 HOTMA income exceptions
• 29 federally exempt income exemptions
• Asset adjustments
• 11 asset exclusions
• The three $50,000 asset rules
• Tying all of the asset rules together
• Over-income public housing residents
• HOTMA asset limitations
• $100,000 total net assets
• Real property suitable for occupancy
• Annual and interim reexaminations [with owner discretion items]
• Needed action by program
• Health & medical care & disability assistance expenses
• New threshold
• Hardship | Phase-in
• Hardship | General
• Childcare expenses
• Hardship | General
• Interim recertification threshold
• Adjustments to mandatory deductions
• Elderly households
• Dependent deductions
• De minimis errors
• EIV changes
• Form changes
• Consent forms
• Others
• A few words of encouragement