Explore the HOTMA asset rules in this three-hour webinar — covering key updates, common asset types, and essential asset compliance requirements.
The Housing Opportunity Through Modernization Act (HOTMA) has brought significant changes to how adjusted income is calculated for HUD, Rural Development (RD) and yes, even the HOME program, under certain circumstances, directly affecting eligibility and assistance determinations.
This session provides a detailed overview of the updated regulations governing adjusted income calculations, along with guidance on methodologies that remain unchanged under HOTMA. Participants will leave with a clear understanding of how to accurately determine adjusted income and apply the rules in real-world scenarios.
A strong grasp of income calculation rules is essential for anyone involved in affordable multifamily housing compliance.
Managers aiming to excel during Management and Occupancy Reviews (MORs) or supervisory compliance audits will find this knowledge invaluable. Likewise, regional managers seeking to provide informed leadership to their teams will benefit from a complete understanding of these critical regulations.
This session is ideal for anyone involved in affordable housing programs who needs to understand and apply HOTMA’s updated adjusted income calculation rules.