Description 

Master the essentials of repayment agreements with this comprehensive course! Learn when repayment agreements are required, when they aren’t allowed, and how to accurately calculate owed amounts. Gain insights into the key components of enforceable agreements and how to properly document them. Plus, discover the correct way to record repayment agreements and payments on vouchers. Ensure compliance and streamline your process with confidence!

Why you should Attend

Avoid costly errors and compliance risks with our expert-led training on repayment agreements! Mismanaged agreements can result in financial losses, MOR findings, and incorrect voucher payments. This session equips you with the skills to confidently determine when repayment agreements are needed, calculate owed amounts accurately, and ensure proper processing. Stay compliant, protect your property’s performance, and streamline your repayment procedures with ease.

Areas covered in the Session 

• Gain a clear understanding of the repayment agreement process and when it’s required
• Master the precise calculation of repayment amounts to ensure accuracy
• Discover the key requirements and essential components of a compliant repayment agreement
• Understand how repayment agreements impact voucher processing and proper documentation
• Learn effective strategies for enforcing repayment agreements with confidence
• Get expert tips to help property owners minimize the need for repayment agreements

Who should Attend

• Any staff on HUD Multifamily properties who are involved with income verifications and calculations, staff that review of EIV discrepancies that identify improper subsidy payments, staff that collect payments from residents, and staff responsible for voucher processing.