All times listed are in Eastern time unless indicated otherwise.
This session is focused on eligible uses of the Operating Fund program and the Calendar Year 2023 grant submission process in PIH Notice 2022-36. The following topics will be covered in this session: Eligible activities that can be charged to the Operating Fund Operating Fund processing, including walk through of the Operating Fund portal and […]
OMB has established cost principles for federal programs, detailed in 2 CFR §200.400. This session defines the meaning of OMB’s term “final cost objective” and examines how costs are classified between direct and indirect costs. For indirect costs, the session provides options to properly allocate costs to the final cost objective using appropriate costs drivers. […]
Internal controls are the rules and procedures implemented by an agency to ensure operational efficiency, reliability of financial reporting, compliance with laws and regulations, and the protection of assets. OMB (2 CFR 200.303) requires PHAs to establish and maintain effective controls. This session covers: Purpose and components of internal controls How to evaluate and implement […]
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 targets the financial responsibilities associated with the Family Self-Sufficiency (FSS) Program. Topics to be covered include: Eligible uses of FSS funds (FSS Coordinator grant & FSS escrow forfeitures) Accounting for FSS coordinator grants, escrow account balances, and FSS forfeitures New financial reporting requirements for the Financial Data Schedule (FDS) related to the FSS Final Rule […]
This session provides information on the Capital Fund formula and eligible uses of Capital Funds. The following topics will be discussed: Overview of formula used by HUD to determine funding for the Capital Fund and PHA procedures to ensure proper funding Capital fund five-year planning and annual submission requirements Obligation and expenditure requirements, budget line […]
PHAs are required to submit their Capital Fund Program 5-Year Action Plans and budgets to HUD’s Energy and Performance Information Center (EPIC) system and to report on the planned activities funded from Capital Fund grants. This session will walk the PHA through the EPIC reporting requirements. Topics to be covered include: Submission of the ACC […]
PHAs that administer the Public Housing and Housing Choice Voucher program must be familiar with several HUD systems. This session provides information on the purpose of the following systems, PHA responsibilities, and the general reporting deadlines. Inventory Management System PIH Information Center (IMS/PIC) Modules Enterprise Income Verification (EIV) Operating Fund Portal – PH Operating Fund* […]
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 will discuss year end reporting for the public housing program, focusing on financial data schedule (FDS) reporting. The following topics will be covered in this session: The reporting models allowed by HUD Proper accounting for the Operating Fund and Capital Fund programs for financial data schedule (FDS) reporting Accounting for special issues such […]
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 […]
HUD requires PHAs to prepare an Operating Budget for the Public Housing program. While not required, agencies should prepare operating budgets for all programs administered by the PHA (e.g., Housing Choice Voucher, COCC, Rural Development, etc.) In this session, we will discuss: Purpose and HUD’s requirements for the Public Housing Operating Budget Steps in preparing […]