RAD: Post-Closing Operational Transition for PBRA

NMA trainers Samantha Sowards and Sheryl Putnam will be presenting a session on RAD conversion to PBRA at The Housing Conference
NMA trainers Samantha Sowards and Sheryl Putnam will be presenting a session on RAD conversion to PBRA at The Housing Conference

As director of professional development, Sheryl Putnam has spearheaded the development of several NMA seminars, including Blended Occupancy ManagementFundamentals of LIHTC Management, and our newest class, Multifamily Housing Specialist (MHS). Prior to joining Nan McKay and Associates in 2011, she managed the compliance department for a state housing finance agency, providing compliance oversight activities for the LIHTC, PBRA, and HOME programs.

Senior trainer Samantha Sowards has been a part of the NMA team since 2008. As NMA’s manager of curriculum development, Samantha oversees publications from concept and creation through the ongoing revision process, including NMA Master Books, model policies, and handbooks. Sheryl and Samantha will be presenting the following session at the The Housing Conference in San Antonio this September.

Regulatory Knowledge for Smart Management

RAD: Post-Closing Operational Transition for PBRA
Presenters, Sheryl Putnam and Samantha Sowards

Congratulations, you’ve been approved for a RAD conversion to project-based rental assistance (PBRA). Now that you’ve been approved — or are waiting for approval — what’s next? This session will cover the key differences between public housing, PBRA, and RAD PBRA that you and your team need to know about. We will cover in-place resident considerations, eligibility and occupancy differences, rent phase-in requirements, what to do when TTP is greater than the contract/market rent, and more. We will also touch on some blended occupancy issues if you are adding low-income housing tax credits.

If you’re interested in learning more about PBRA, don’t miss our upcoming session of Multifamily Housing Specialist! Conference attendees save 10% on the seminar, which will be held immediately following the first two days of the The Housing Conference. Extend your stay and expand your learning! Register online or email sales@nanmckay.com for more information. Don’t delay, room blocks are filling up fast.

Technology Strategies for PHAs to Thrive In A Changing Industry

Dave Sagers of HAI Group will present a session on technology strategies at The Housing Conference
Dave Sagers, director of market intelligence for HAI Group, will present a session on technology strategies at The Housing Conference

Nan McKay and Associates is a proud partner of HAI Group, a family of companies serving the public and affordable housing community, including HousingHub, HTVN, and the Public and Affordable Housing Research Corporation (PAHRC). As a co-sponsor of The Housing Conference, HAI Group will be presenting the following session at the conference in San Antonio this September.

Executive Leadership for Performance Excellence

Technology Strategies for PHAs to Thrive In A Changing Industry
Presenter, Dave Sagers of HAI Group

As director of market intelligence for HAI Group, Dave Sagers has spent several years analyzing housing authorities’ strategies, challenges, key processes, and opportunities for operational improvement. This session will leverage industry research and PHA experiences to focus on:

  • Trends impacting PHAs, including regulatory streamlining, LIHTC real estate development, HUD’s Rental Assistance Demonstration (RAD), and the Moving to Work (MTW) expansion
  • How PHA business models, strategies, and needs are changing in response
  • How technology is and can be strategically leveraged to support these strategies

The Housing Conference, presented by NMA and HAI Group, will spotlight three tracks: an executive track, a regulatory track, and a best practices track. Go here to view a list of the session descriptions that have been published so far.

NMA’s seminar calendar for Q4 2016 is now available!

affordable housing trainingWe’re pleased to announce the release of NMA’s seminar calendar for the fourth quarter of 2016. You can view a list of the affordable housing training that Nan McKay and Associates is offering from now through December on this page at our website.

Start planning your autumn training now and save! If you register at least 45 days in advance for most seminars, you’ll receive a 10 percent discount. (The discount does not apply to seminars hosted by housing authorities or associations.)

Upcoming classes updated for the streamlining final rule include:

Having trouble finding the class you want? We can bring the seminar to you. Email sales@nanmckay.com for more information about our affordable onsite training options.

RAD Q&A session today at 3 p.m. eastern time

This week via “RADBlast!” HUD released new guidance on the closing process for units converted to the rental assistance demonstration (RAD) program. The guidance is a result of feedback HUD received earlier this year.

The first change involves effective dates for HAP contracts following completion of the closing process. Effective immediately, project owners may now select the effective date of the HAP contract as the first day of either of the two months following the completed closing. For example, if the project closes on October 20, 2017, the HAP contract can be effective on either November 1, 2017 or December 1, 2017. HUD expects that the change will allow PHAs and project owners to better prepare for funding in the initial year and also allow for more time and flexibility to complete administrative functions such as executing new tenant leases.

HUD also announced that it will host a live Q&A session to walk

through the revised tools and respond to PHA questions.

The presentation is scheduled for today, July 13, from

3 p.m. until 4 p.m. eastern time (noon until 1 p.m. Pacific).

In a second change, HUD announced that it is releasing two tools intended to provide guidance on how funding of the new contracts works in the initial year. Initial year funding instructions describe the calculation of funding during the period between the HAP contract effective date and the remainder of the calendar year, as well as instruction on how to access these funds. An initial year funding tool will allow PHAs and project owners to calculate the amount of revenue that will be available to the project in the initial year and ensures that all parties have an accurate understanding of these amounts. Neither of the new tools has been posted to the RAD website.

Got questions about RAD? Don’t miss our sessions on post-closing operational transition at the The Housing Conference this September. You can read the description for the RAD PBV session online here.

RAD: Post-Closing Operational Transition for PBV

Rental Assistance Demonstration
Jennifer Green of the Indianapolis Housing Agency, speaking on the RAD panel at The Housing Conference

With more than three decades of experience in affordable housing development, Cindi Herrera currently leads the Rental Assistance Demonstration team at NMA, completing relocation of nearly 4,000 households to date under the federal Uniform Relocation Act. She has served as an executive in various PHAs and as president and CEO of a large nonprofit affordable housing development and management company. Cindi will be presenting the following session at The Housing Conference in San Antonio this September.

Regulatory Knowledge for Smart Management

RAD: Post-Closing Operational Transition for PBV
Presenter, Cindi Herrera

Submitting an application to the Rental Assistance Demonstration and getting through a CHAP (commitment to enter into a housing assistance payments contract) is a long, arduous process. Now that you’ve been approved — or are waiting for approval — what’s next? This session will focus on the operational tasks necessary to successfully complete the transition from public housing operating subsidy to project-based vouchers under RAD.

Participants will work through a checklist of post-closing procedures, including the process and timing for completing EOP (end of participation) in public housing, new admission and first recertification requirements for HCV, phase-in of rent increases, what to do when the tenant rent is greater than the contract rent, RAD rehab assistance payment procedures, capital and RHH fund budget revisions, transfer of public housing operating reserves, establishment of rehab and replacement reserves, tenant protection rights, accounting for HAP subsidy in year one, VMS reporting in year one, and more.

Register online or email sales@nanmckay.com for more information. Don’t delay, less than a week left for early bird pricing! Plus, you’ll have the opportunity to reserve a free, one-hour Q&A session with one of our NMA experts before they’re all gone.

Agenda now available for 2016 national conference

The Housing Conference, September 19–20, 2016, in San Antonio, TexasJust one week left for early bird pricing! Register by June 30 to receive the best rates for The Housing Conference.

The updated agenda is now available here. Industry experts will present sessions and panels on the latest topics in affordable housing, including:

  • Affirmatively furthering fair housing (AFFH) final rule
  • Community partnerships
  • Community Development Block Grants (CDBG)
  • Creating an ongoing leasing plan
  • Family self-sufficiency and resident opportunities
  • Insurance for development projects
  • Rent reasonableness
  • Technology strategies
  • Strategies for success in HCV audits
  • Upcoming legislation
  • New inspection protocol for the voucher program
  • Best practices in managing portability
  • Best practices in managing VASH vouchers
  • Best practices in preventing shortfall
  • Best practices in public housing unit turnover and vacancy tracking
  • RAD post-closing operational transition for PBRA and PBV
  • What to consider before applying for the MTW program

Presented by NMA and HAI Group, this year’s conference in San Antonio, Texas, will also feature a roundtable panel session with NMA Housing Awards winners.

The Housing Conference

Visit our website to register!

NMA’s seminar calendar for Q3 2016 is now available!

affordable housing trainingWe’re pleased to announce the release of NMA’s seminar calendar for the third quarter of 2016. You can view a list of the affordable housing training that Nan McKay and Associates is offering from now through September on this page at our website.

Start planning your summer training now and save! If you register at least 45 days in advance for most seminars, you’ll receive a 10 percent discount. (The discount does not apply to seminars hosted by housing authorities or associations.)

Upcoming classes updated for the streamlining final rule include:

Having trouble finding the class you want? We can bring the seminar to you. Email sales@nanmckay.com for more information about our affordable onsite training options.

OCI revises capital fund guidebook

capital fund guidebookThis week on the Office of Capital Improvements (OCI) website, HUD posted a revised version of the Capital Fund Guidebook. The new, undated version replaces the original guidebook, which was dated August 2015. While the 2015 version was numbered “Handbook 7600.1,” the new version does not have a handbook number.

The following brief announcement was posted to the OCI home page:

The capital fund guidebook details the requirements contained under the public housing capital fund program final rule, including but not limited to eligible and ineligible activities and cost limits; decoupling of the capital fund from the PHA plan submission; replacement housing factor grants (RHF) and demolition and disposition transitional funding (DDTF); changes in obligation and expenditure end dates and close-out requirements; emergency, non-presidentially declared natural disaster, and safety and security grant program requirements; streamlined mixed-finance and other public housing modernization and development requirements; changes to demonstration programs such as RAD and MTW; and capital fund rule impact on security interests and financing activities.

Got questions about RAD, MTW, and the capital fund? Don’t miss the The Housing Conference this September in San Antonio, Texas, where NMA’s Carrol Vaughan and other industry experts will address hot topics around those issues. Register online or email sales@nanmckay.com for more information.

NMA classes now updated for streamlining final rule

Samantha Sowards discusses the streamlining final ruleIn a press release last week, the Department of Housing and Urban Development (HUD) issued a prepublication copy of the final rule streamlining administrative regulations for the housing choice voucher (HCV), project-based voucher (PBV), public housing, HOME, and multifamily (PBRA) housing programs. The streamlining final rule combines changes in the 2014 and 2015 appropriations acts, elements of HUD’s 2013 temporary compliance options, and other streamlining changes. It will become effective 30 days after publication in the Federal Register.

In response to the publication of the 99-page final rule, which includes regulatory changes in 14 different topic areas, Nan McKay & Associates (NMA) is pleased to announce we have reviewed all our seminars and updated them with new guidance as needed.

HCV seminars updated for the streamlining final rule:

Public housing seminars updated for the streamlining final rule:

Multifamily seminars updated for the streamlining final rule:

The streamlining final rule also includes several new policy options. Our technical writers and subject matter experts are in the process of revising our model ACOP and model administrative plan to include language and guidance for these new options. We are expediting those revisions for our subscribers and will be issuing them as quickly as possible.

Finally, the rule includes significant changes to the earned income disallowance. Due to those changes, the NMA Earned Income Disallowance (EID) Kit is being pulled from our classes and online store as we update it to comply with the new regulations.

We recognize that this is all a lot of new information to absorb. Remember, we’re here to help! If you have any questions, you can get in touch with our team by emailing sales@nanmckay.com or calling us at (800) 783-3100.

Senior trainer Samantha Sowards has been a part of the NMA team since 2008. As NMA’s manager of curriculum development, Samantha oversees publications from concept and creation through the ongoing revision process, including NMA Master Books, model policies, and handbooks.

Are your NMA Master Books up to date?

Master BooksNMA’s revision services team has been working hard to get the latest editions of our Master Books written, published, and shipped to you!

2016: COMING SOON! For the 2016 revision, the NMA Family Self-Sufficiency (FSS) Master Book has been brought current with all recent regulatory requirements and guidance, including:

  • Expansion of the annual plan contents per Notice PIH 2015-18 on PHA plans
  • Replacement of Notice PIH 2009-48 with Notice PIH 2015-12 on administering the community service and self-sufficiency requirement (CSSR)
  • Deletion of references to the now obsolete certificate program per Federal Register 2/17/15
  • Other changes and corrections for relevance, clarity, and ease of reading

2016: COMING SOON! For 2016, the NMA Public Housing Management (PHM) Master Book has been brought current with all recent regulatory requirements and guidance, in addition to expanding on useful information for public housing managers. Changes include:

2016: COMING SOON! The 2016 edition of the NMA Uniform Physical Condition Standards (UPCS) CD has been brought current with all regulatory guidance, resources, and tools, including:

  • The latest version of the RAPID DCD 4.0 software, current as of September 2015
  • Additional information pertaining to the latest software, such as the most recent installation guide and instructions for scroll bar usage
  • REAC’s most recent Compilation Bulletin, dated March 2015

Questions about your revision services subscriptions? Contact Laurie Durrett in our accounting department and she’ll be happy to assist you.

NMA revision services provide a yearly update to your NMA Master Books and model policies with explanations and guidance regarding the most current HUD rules and regulations. To stay updated on the latest program information, try a free 30-day trial subscription to the PIH Alert. Email sales@nanmckay.com to get started.