Understanding HUD’s Monthly Voucher Processing Cycle
This fundamental class is designed for industry professionals associated with properties that transmit electronic tenant certifications (HUD Form 50059s) and monthly vouchers (HUD 52670s) to HUD each month for subsidy payments.
Using flowcharts and visual representations, participants will learn the steps of the monthly payment cycle that lead to payment – whether administered by a Contract Administrator or directly by their local HUD Office. Understand what proactive measures owners can take to ensure they are paid accurately and timely based on completed certification activitie. Learn the basic parameters all TRACS software vendors must follow when generating files for transmission. We’ll also review crucial deadline dates to meet, how to interpret the billing and adjustment pages of the monthly voucher, and how to ensure payments received are appropriately posted in the TRACS software.
