Reduce Rent Calculation and PIC Errors by Learning How Each Entry on the Form Impacts One Another
Accurate data submission is becoming more important than ever before, as HUD uses the information submitted to calculate future funding for operating subsidy and the capital fund program.
This course will help attendees to better understand the Form HUD-50058 by focusing on the data that must be entered in each section of the form. By breaking the information down by section, participants will see the interrelationship of the various line items, and why it is essential to complete all applicable line items using the correct codes.
Case studies, using excerpts from the form, will be used to reinforce information presented and to determine accurate Total Tenant Payment, HCVP Subsidy Payment, and Public Housing Tenant Rent.
Topics discussed:
- Introduction
- Part 1: Agency
- Part 2: Action Types
- Annual reexamination
- Interim Reexamination
- Portability Move-In
- Portability Move-Out
- End of Participation
- Other Change of Unit
- FSS/MtW
- Annual Reexamination Searching
- Issuance of Voucher
- Expiration of Voucher
- Flat Rent Annual Update
- Annual HQS Inspection Only
- Historical Adjustment
- Void
- Part 4: Background at Admission
- Part 5: Unit to be Occupied on Effective Date of Action
- Part 3: Household (Family Composition)
- Part 6: Assets
- Passbook Rate
- Income from Assets
- Part 7: Income
- 8: Expected Income Per Year (Adjusted Income)
- Disability Assistance Expense
- Medical Deductions
- Childcare Expenses
- Part 9: Total Tenant Payment (TTP)
- Minimum Rent Hardship Exemption
- Section 10: Public Housing
- New Process
- Prorated Rents for Mixed Families in Public Housing
- Section 11: Project-Based Vouchers
- Section 12: HCV Tenant Based Vouchers
This class is great for: Public Housing and Section 8 Supervisors, Occupancy and Admissions Staff for Public Housing and HCVP, FSS Case Workers, and Resident Services Staff!
Duration: 1 hour and 40 minutes
SKU: 190920
