Section 8 Administrator S Association Presents
“Serving New England and the Nation”
Peter M. McSwiggin, Founder
February 6, 2013
Section 8 Administrator’s Association Presents:
HCV FINANCIAL MANAGEMENT TRAINING
AND UPDATE
BY
CasterlineAssociates,PC
PROGRAM
Jason Casterline of Casterline Associates PC will discuss the latest developments in the Financial Management of the Housing Choice Voucher Program. Recent HCV changes, including the introduction in 2012 of the so-called "Cash Management" requirements, have made it more difficult to target your spending. In order to help you better manage your HCV resources and house as many families as possible, Jason has come up with an easy three step methodology to help you cut through the confusion of the many forms that are being emailed to you by HUD. Topics include the latest on: determination of funding, status of NRA reclamation, tracking program reserve (aka HUD-held HAP reserve), targeting your spending and ongoing financial monitoring, the latest on Admin funding and UNA, as well as VMS and FDS reporting updates. Jason is on an expert review panel for the new HUD Admin Fee study and will also provide an update on that topic.
AGENDA
HCV annual HAP funding determination
Disbursement of HAP funding including detailed explanation of HUD's Cash Management
process and all associated forms and reconciliations
NRA versus Program Reserve, tracking Program Reserve (HUD-held HAP reserves), and how to tap into Program Reserve for leasing
Targeting and monitoring HCV utilization in the current funding environment, including how to determine how many units you can afford to lease under HUD's Cash Management process
Admin Fee funding determination and disbursement
Admin Expenses and the UNA
Accounting for and reporting Portability activity
Accounting for and reporting Fraud Recovery activity
Accounting for and reporting FSS activity
Monthly reporting in VMS / VMS update
Annual reporting on the Financial Data Schedule (FDS)
HUD / Abt Associates Admin Fee Study
Who should attend . . . Massachusetts Section 8 Executive Directors, Housing Choice Voucher and Financial staff members…..
Place: SOMERVILLE Holiday Inn
30 Washington Street
Somerville, MA02143
Registration: 7:30AM - 8:30AM
Program: 8:30AM-4:30PM
Lunch: 12:00PM-1:00PM
**There will be a morning and afternoon break at the discretion of the presenter.
Casterline Associates is a Certified Public Accounting (CPA) and Consulting Firm
specialized in providing a variety of services to the Affordable Housing industry. Areas
of focus include Financial Consulting, Strategic Planning, Accounting Services,
Information Technology, Energy Management and Development/Construction.
The firm was created in 1995, and members of the firm have been providing services to
Housing Agencies and Non-Profits since 1985. The staff includes a broad range of
expertise, and have access to a network of professionals with skills in every facet of
the Affordable Housing industry.
February 6, 2013
MEETING
Registration deadline is Friday, February 2, 2013
(Please photocopy this form and send a separate registration form for each person attending).
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Name
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PhoneFAX
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FEES: Enclosed is the registration fee for the February 6, 2013 training:
$ 200.00 Section 8 Administrators Association Members
$ 400.00 Non-Members
$ 75.00 Materials Only
Fee includes Continental Breakfast, Lunch.
Refund Policy: No refunds will be granted to anyone who registers but fails to attend the training or who cancels after February 2, 2013.
Please make checks payable only to:
SECTION 8 ADMINISTRATORS ASSOCIATION
MAIL TO:SECTION 8 ADMINISTRATORS ASSOCIATION
C/O Dedham HA
163 Dedham Blvd., Dedham, MA02026