All times listed are in Eastern time unless indicated otherwise.
Board meetings are an essential part of PHA operations and each state has an approved Open Meetings Act (OMA) that agencies are required to follow. This session discusses the Board’s role and how to prepare for and conduct a Board meeting. The following topics will be covered in this session: Items to include in PHA […]
This session provides a walkthrough of HUD’s HCV Two Year Tool and Payment Standard Tool and how to effectively use the tools for your PHA. The Two Year Tool can be used to forecast an agency’s leasing and spending over a two year (and longer) period of time. The session will cover the following topics: […]
This session provides an overview of the basic terminology used in discussing financial statements and covers the following topics: Financial reporting framework used by PHAs to account during the year (i.e., cash vs. GAAP-based transactions) Monthly financial statements provided by fee accountant or finance and how these financial statements differ from year-end financial statements Types […]
This session will discuss the purpose and use of VMS for HCV funding. The following topics will be covered: How to access VMS Description of VMS data fields and the proper reporting of HAP costs and leasing data, highlighting new fields and fields that are frequently mis-reported VMS Review – Scope of HUD’s review and […]
This session will discuss financial management and reporting as well as FDS reporting. The following topics will be covered in this session: Proper accounting for revenues and expenses Calculating restricted net position (RNP) and unrestricted net position (UNP) Accounting for special issues such as fraud and portability Reconciliation of VMS to the FDS Changes in […]
This session will cover the basics of portability. Specifically, the session will cover the following topics: Family eligibility and responsibilities Initial & Receiving PHA responsibilities Portability billing Accounting for portability transactions Portability reporting (PIC, VMS, and FDS)
The Voucher Management System (VMS) is HUD’s primary system to monitor and manage the Housing Choice Voucher (HCV) program. The VMS collects PHA data that enables HUD to fund, obligate, and disburse funding in a timely manner. In this session, we will discuss: HUD’s schedule for PHAs to make final corrections to 2023 VMS data […]
This session provides an overview of the SEMAP process and a drill down of the SEMAP indicators. The session will cover the following topics: SEMAP indicators calculated by HUD – Data sources and indicator calculation methodology SEMAP indicators based on PHA self-assessment – Quality control sample methodology and tracking systems How to submit SEMAP certification […]
This session will assist the PHA in preparing for their annual audit. Topics to be covered include: Client preparations of schedule and other client-prepared documents required by auditors. Common areas of interest to auditors. Processes to facilitate a quick and effective audit and minimize REAC annual reporting delays and comments. Update on GASB standards that […]
This session provides information on the activities that are allowed to be charged against the Operating Fund, Capital Fund, and Housing Choice Voucher programs and discusses overall eligible costs, including cost allocation guidelines as determined by OMB. * This webinar is focused on the eligible uses of funds for HUD’s major PH and HCV programs. […]
This session provides an overview of the basic terminology used in discussing financial statements and covers the following topics: Financial reporting framework used by PHAs to account during the year (i.e., cash vs. GAAP-based transactions) Monthly financial statements provided by fee accountant or finance and how these financial statements differ from year-end financial statements Types […]