FREE Webinar – Understanding Your HAP Contract

Do you feel confident in your understanding of your HAP contract? We often find that, despite the best intentions, property managers and owners — some of whom have been in the industry for decades — don’t know how to decipher this foundational document. Ensuring you are running your property in accordance with your original HAP contract is crucial, and owners, along with site-level staff must be able to interpret it to accurately complete mandatory documents such as Tenant Selection Plans, among others.

In this free webinar, we will cover the most important sections of your property’s HAP contract:

• Contract number
• Section of the Act (i.e., Section 202/8, Section 8, etc.)
• HUD program type  (i.e., New Construction, LMSA, PBRA RAD, 811 PRA, 202 PRAC, 811 PRAC, etc.)
• HUD-approved occupancy of the project (i.e., Elderly, Disabled, Family, Mixed – Elderly/Disabled)
• Minimum Security Deposit
• Maximum Income Limit Permitted
• Total HUD subsidized units