MANAGEMENT BULLETIN #388
DATE:March 4, 2011
TO:On-site Managers/Managing Agents/Owners of
HOME, Risk Share, AMBAC, TFB, HTF, HPP, FAF, Tax Credits
and 80/20 Financed Properties
FROM:Diane Smith, Assistant Director
Asset Management Services
RE:2011 IHDA Training Calendar
Due to changes in the 2011 IHDA Compliance Training seminars, please read this entire notice carefully.
IHDA’s Asset Management Servicesis pleased to announce the dates for our 2011 Training Seminars. To better serve the needs of our clients more effectively, the seminars ofAsset Management and Technical Services will be presented on separate days. The Technical Services Department will issue a separate Management Bulletin indicating the dates and times for their Compliance training seminars.
Most of our training sessions will be held at the Illinois Housing Development Authority, located at 401 North Michigan Avenue, Chicago,IL, in the Conference Center located in the lower lobby of the building. Sessions will beginpromptly at 9:00 a.m. and end at approximately 3:00 p.m.
There is a nominal fee of $35.00 (check or money order) per person attending our training. The fee is nonrefundable and should be paid at least two (2) weeks prior to the training session. Payments that are not received at least two (2) weeks prior to the training date will result in cancellation of your reservation in orderto accommodate others.
Payment will not be accepted on the day of training.
As an added feature to our training sessions, there will be a Mini-Compliance Training session conducted on the same day from 3:00 P.M. -4:00 P.M. The cost for this extra session is an additional $15.00 that can be added totheinitial Compliance Training fee or paid separately, if the attendee chooses to participate in a mini compliance session only.
Please check below for Asset Management Services seminar schedule dates:
April►Thursday, 4/28/2011
May►Thursday, 5/19/2011
August►Wednesday, 8/10/2011
October►Thursday, 10/20/2011
Mini-Compliance Training details:
April►Thursday, 4/28/2011
Mini- Compliance Training Topic-“Show me the money”
Reserve /Capital Improvement Withdrawal Requests and MOR Reporting process
May►Thursday, 5/19/2011
Mini- Compliance Training Topic-“Are You Ready for Change?”
Introducing a new Management Review/Desk Review rating and protocol system.
The Mini-Compliance Training for 5/19/2011 has been cancelled.
August►Wednesday, 8/10/2011 Other Programs Only
Mini- Compliance Training Topic-“Need an increase of income?”
Step by stepreview of theRent Increase/ applicable HERA Rents along with the Utility Allowance process.
September►Thursday, 9/22/2011 Sec. 8/236 Programs Only
Mini- Compliance Training Topic-“Need an increase of income?”
Step by stepreview of theRent Increase process along with the Utility allowance Review process.
*Please note that the Mini- Compliance Sessions cannot be substituted for your Compliance Training Requirement.
Space is limited, please remember to register well in advance of the date you wish to attend. Asset Management Services will provide a continental breakfast and allocate time for training participants to have“lunch on your own”.
To register, e-mail Juanita Vasquez at . We reserve the right to limit the number of persons you register. Space is limited, register early to secure the date you wish to attend.
If you shouldhave any questions about the content of AMS’s training program, which member of your staff should attend or your development’s compliance requirements, please contact your Asset Manager.
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