This webinar will have all the new updates from HUD which are effective in September of 2022. These changes will give direction on many facets for a MOR audit. These are new guidelines from HUD having to do with a scheduled audit. This session will review and provide tips on file management as well as the physical inspection items to watch for during a MOR or tax credit audit.
In this session our expert speaker will review best practices. There are many sections to a MOR or Tax Credit review. By attending you will learn from actual examples of pictures of “real world” mistakes.
Speaker will discuss file organization and set up. The major item in and audit are the tenant files. Each program has its own file setup, and we will cover what is needed for compliance.
Also covered is this session is physical inspection of the property. What items to look for and how they affect the overall score on the audit.
Session will also review best practices. This is important for landlords to understand to keep them from doing something that will result in a fair housing violation.
Many audits of both HUD and Tax Credit focus on file management. If the files are not in order you will have a finding. Each type of financing has a specific order of content for their files. A discussion of this topic will let you know what is needed to be compliant.
This session will give you strategies for you to get an “A” on your audit. Many tools will be added to your toolbox of options for a good audit.
Paul has been involved in the real estate industry for the past 38 years. He has been involved in sales, construction, project management, appraisal, mortgage consulting and brokerage, property management and property management consulting/training.
Through his consulting company, Property Management Solutions, he provides training and consulting services nationwide to owners, management companies, multi-housing associations, as well as state and federal agencies.
He specializes in fair housing issues and has developed fair housing and outreach programs for governmental agencies as well as conducting seminars which are presented to property management companies, apartment associations and the general public. He also conducts research analysis for impediments to fair housing for grantees of federal CDBG funds.
Most recently, he has been a consultant to the City of Sioux Falls and the State of South Dakota. In this assignment he has developed a fair housing awareness program that is one of the first of its kind in the nation. It involves a three pronged approach to fair housing awareness. This approach makes use of an ombudsman concept and has proven to be very effective in dealing with discrimination and landlord/tenant issues.
For over twenty years was involved in appraisal of residential, multi-family, farm and commercial properties throughout the Midwest. Most recently, he was a consultant for affordable, multi-housing properties in 22 different states. This involved properties in HUD, Rural Development, HOME and Tax Credit programs.
Paul was previously Vice President of the South Dakota Multi-Housing Association, Vice Chairman of the Minnehaha County Housing and Redevelopment Commission, and Chairman of the Sioux Falls Property Appeals Board. In 2009, he received the Outstanding Educator of the Year award from the South Dakota Multi-Housing