One week left to register for the 2013 NMA Housing Conference and GoSection8 User Conference! New track sessions and signups for one-on-one consulting have just been announced. To read the full list of sessions, go here.
Topics: Asset Management, Blended Occupancy, Commissioners, EIV, Eligibility, Executive Management, Fair Housing, HCV utilization, Hearing Officer, HQS, Inspections, LIHTC, Maintenance, NMA Housing Awards, Occupancy, PBRA, PBV, PHAS, Program Management, Quality Control, RAD, Rent Calculation, SEMAP, Supervision, The Housing Conference
HUD Secretary Shaun Donovan announces RAD implementation at the Housing Authority of Savannah, January 2013
Topics: Choice Neighborhoods, MTW, PHAS, PIH notices, Public Housing Conversion, RAD
Tip #5: Plan for the future.
In Tip #2, I mentioned that the property manager should track the occupancy rate on a monthly basis. In doing so, your PHA will know whether the rate is improving, getting worse, or staying the same. But tracking is an ongoing process, and as your PHA approaches the end of its fiscal year, it will need to set new goals and plan for the following year, taking into consideration the identified problems and strengths.
Topics: Asset Management, Blended Occupancy, LIHTC, Mixed Financing, Occupancy, PHAS, Knowledge Base
Tip #4: Take marketing into account.
Marketing involves "closing the deal," and PHAs often fall short in this area.
Conditions that contribute to successful marketing include meeting the specific needs of your customers, effective outreach, good curb appeal (including what the family has heard about maintenance performance), and positive applicant perceptions regarding security.
Topics: Blended Occupancy, LIHTC, Maintenance, Mixed Financing, Occupancy, PHAS, Seniors and Elderly, Knowledge Base
Tip #3: Check the occupancy rate against the fiscal year goals and identify problem areas.
Once you know your occupancy rate, the next step is to match it against the occupancy goals for the year. You should ask yourself whether the development is on track to meet the goals that were set at the beginning of the year, and if not, what the reasons might be.
Topics: Blended Occupancy, Inspections, LIHTC, Maintenance, Mixed Financing, Occupancy, PHAS, Seniors and Elderly, Knowledge Base
