Two Day Seminar, 8:30am to 4:30pm
Locations
Day One – Housing Choice Voucher Program Financial Update
· Better understanding the NRA (Net Restricted Assets):
o what it is and how it is calculated,
o verifying that your NRA balance is correct,
o synchronizing the NRA per FDS, VMS, HUD funding database and other,
o and how to manage the NRA;
· Better understanding the NUA (Net Unrestricted Assets):
o what it is and how it is determined,
o monitoring,
o and rules for spending;
· Enhancing program monitoring including leasing levels, spending on HAP, and spending on Administrative Expenses;
· Engaging in longer term projections for spending, budget authority, and NRA in order to provide more stability and more effectively manage utilization;
· Enhancing communication between HCV Operations and Finance Department personnel;
· How to calculate important indicators and monitor critical trends needed for short-range and long-range planning, such as: success rate, attrition rate, other indicators;
· New VMS (Voucher Management System) requirements;
· Conforming financial data reported in VMS to financial data reported in FDS such as HAP expense and NRA;
· Other issues concerning the improvement of financial management over the HCV program.
Day Two – Public Housing and Related Grants Financial Update
· Preparing for HUD’s New/Proposed AMP-Level Public Housing Assessment System (for both project-based and non-project based PHAs)
o New Financial Indicators, New Management Indicators etc (as available)
o Maximizing scores under the new Financial Condition scoring process
o Financial Scoring illustrations
· ARRA Accounting & Reporting
o How to handle ARRA Admin BLI (1410) - Management Fee and Allocation Approach
o Other ARRA Accounting Issues
o ARRA FDS Reporting, with examples
· Financial Impacts of Transforming Rental Assistance
o New details concerning HUD's proposal for the future of Public Housing
· Latest on Public Housing Accounting and the new FDS (for both project based and non-project based PHAs - with a range of topics)
o Latest Accounting Developments
o Latest REAC and FDS Developments
Day Three - Energy Performance Contracting (Nov 2010 New Orleans course only)
· An Introduction to Energy Performance Contracting
o Overview
o Regulatory Background
o Loan Commitment
o How savings are generated
o Energy Services Companies - ESCos
o Procurement
· Choosing the Right Subsidy Incentives
o PHA-Paid Utilities
o Frozen Base and Add-On approaches
o Minimization of Risk / Savings Guarantees
o Measurement & Verification of Savings
o Maximization of subsidy benefit
o EPC and Asset Management
o Resident Paid Utilities
o Measurement of savings
o Impact of residents
· Rate Savings Incentives
· Use of ARRA and other Capital Funds
