Preventing Shortfall: Lessons Learned
NMA's Steven Rosario will lead a session on preventing shortfall in the housing choice voucher program
In his current role as HCV program director, NMA's Steven Rosario oversees the operations of Miami-Dade County’s housing choice voucher program. He previously served as director of some of the largest voucher programs in the nation, administering more than 45,000 vouchers in Chicago and San Francisco.
With extensive experience in program and project designs, Steven is a high-energy, fiscally conscious, and goal-driven leader who has earned a reputation for building and leading strong and collaborative team efforts. He approaches each new challenge with a flair for innovation, creative problem-solving, and measured risk-taking to drive positive change in affordable housing programs. Steven will be presenting the following session at The Housing Conference.
Executive Leadership for Performance Excellence
Preventing Shortfall: Lessons Learned
Presenter, Steven Rosario
Housing authorities have historically been challenged with maximizing utilization without going over budget authority. This session will cover various funding scenarios and highlight the pitfalls that may result in a program shortfall. Topics to be discussed include:
- Program reserves: How much should you keep?
- PHA vs. HUD held reserves
- Disbursements vs. budget authority
- Prior calendar year HAP payments
- Cash vs. accrual accounting
- VMS updates
- Utilizing results of 2-year tool
- Impact of the PUC
The session will provide you with the guidance to ensure a PHA’s financial and program operations teams are tracking, updating, and reporting accurate and meaningful data. Along with this, the session will provide PHA with strategies on working with HUD’s shortfall prevention team.
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.
