Description
Are you leaving money on the table when you could be processing a special claim? HUD allows Section 8, 202/8, 202 PAC and 202/811 PRAC properties to submit requests for reimbursement of losses due to unpaid rent by the tenant, tenant damages or vacancy when the losses exceed the limited security deposits HUD allows owners to collect.
Areas Covered:-
- How to make a Vacancy Claim for time lost between tenants.
- How to make a claim for Unpaid Rent, Tenant Damages, and Other Charges left at move out.
- The difference between normal wear and tear and damages.
- How to calculate the "life expectancy" of replaceable items and determine what can be billed to HUD.
- What forms and documentation are required?
Who Should Attend?
- Property managers
- Property owners
- Maintenance staff
- Realtors
- Compliance staff
- Legislators.
Speaker
Gwen Volk
Gwen Volk has worked in the affordable housing industry since 1983. She has been president and CEO of a Midwest property management company and chief compliance officer over a Dallas firm’s national portfolio. She has a Master’s degr...
Gwen Volk has worked in the affordable housing industry since 1983. She has been president and CEO of a Midwest property management company and chief compliance officer over a Dallas firm’s national portfolio. She has a Master’s degree in Business and is a Certified Property Manager through the Institute of Real Estate Management. Gwen holds certifications as a National Affordable Housing Professional – Executive Level, Specialist in Housing Credit Management, Housing Credit Certified Professional, Certified Professional of Occupancy, and in Fair Housing Compliance and has been a servant leader in the AHMAs, NAHMA and IREM throughout her career. Gwen is a nationally recognized expert in the tax credit, bond, HOME, and Section 8 programs and enjoys helping agents, owners, and managers make sense of it all.
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