Prepare for the Changes to LIHTC, HOME, NHTF, and RD programs

The changes to eligibility determination are part of the Housing Opportunity Through Modernization Act (HOTMA) come from reforms to Public Housing and Multifamily HUD. However, many other housing programs rely on HUD’s procedures to guide their own. As a result, programs like LIHTC, USDA, and HUD CPD Programs such as HOME and Housing Trust  Fund  are significantly impacted by HOTMA.

This 3.5-hour webinar focuses on implementing HOTMA changes for the above-listed  programs. Our trainers will discuss the areas of income and asset verification and calculation that have changed as part of HOTMA. This includes new rules regarding assets.

Can HOTMA Training Actually be Fun?

Yes! Our instructor will take you through the HOTMA changes and explain the challenges, procedures, and best practices. HOTMA changes will affect compliance for nearly every funding program. 

During this three-and-a half hour webinar, we'll discuss how HOTMA impacts:

• Treatment of Foster Children and Foster Adults under HOTMA
• Method of Determining Income including the Safe Harbor Method of Determining Income (HUD & HOME Only)
• Earned Income of Adult Dependent Full-time Students
• Adoption Assistance
• Changes to Income and Asset Verification and Calculations
  • Distributions from a Trust
  • Non-cash Contributions
  • Court Ordered Child Support
  • Student Financial Assistance
  • New Asset Inclusions
  • Changes to the treatment of deposit accounts (Checking, savings, etc)
  • Imputing Asset Income

What You Will Take Away

• Instructor: Randy McCall
• Type of Instruction: 3.5 Hour Live Video Presentation
• Certification: 3.5 Hours of CEU
• Certificate Provided: Yes
• Cost Per Person: $199
• Hours Applied to ACE Certification: HUD, RD, and HOME ACE Only
• PDF Manual (to Download and Use as a Reference)

This training event is sponsored by MN Multi Housing Association. MHA Members should register through MHA.