FREE Webinar – Understanding Your HAP Contract

Do you feel confident in your understanding of your HUD contract and what sets of rules apply to your property based on this historical document? What is your property’s designation? What program type does it fall under? These aren’t just acronyms and labels. Correct answers to these questions guide policy and compliance decisions that are critical elements of applicant eligibility determinations. Yet, despite the best of intentions, an alarming number of professionals in this industry don’t know how to confirm these foundational elements. In this free informational learning session, we will give you the tricks and tips to dissect your contract number for clues and follow a basic road map to help ensure ongoing compliance with your contractual obligations.

In this free webinar, we will cover the following key elements of your contract:

  • Understanding the nomenclature of your assigned contract number- what do the alpha and numeric characters mean?
  • How to confirm the Section of the Act your contract was funded under (i.e., Section 202, Section 8, Section 236, etc.)
  • What is your specific program type if you are Section 8 (i.e., New Construction, LMSA, PBRA RAD, etc.)
  • What is a HAP versus a PRAC or RAC Contract?
  • What is your property’s designation? What population was your property originally created to serve (i.e., Elderly, Disabled, Family, Mixed – Elderly/Disabled)?
  • What is the difference between a designation and a preference?

Come learn how gathering these facts about your property ensure you are admitting eligible households, using correct leases, charging correct deposits, monitoring correct income limits, and so much more.

Date

Feb 18 2025

Time

CDT
11:30 am - 12:30 pm
Register Here

All Event Times Are CST

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