new jersey affordable housing management association
Resources for New Jersey Affordable Housing Professionals
What is a "self-audit" and when should you do one? And how do you correct non-compliance if you find it? This webinar will highlight the issues monitoring agencies zero in on - incomplete applications, delinquent recertifications, insufficient documentation, income calculation errors, contradictions within a verification, underestimating anticipated income, late verifications and missing or late signatures. Participants will have a chance to try out their auditing skills.
Do you work with an RD property? If so, how do you calculate income, asset and allowances. How is RD different than calculating for HUD, or is it? In this webinar, Anita Moseman, will discuss the answers to these questions.
There is more to owning or managing a HUD financed or subsidized property than knowing the 4350.3. This webinar highlights the key requirements of the "other" handbooks: HUD 4381.5 The Management Agent Handbook, 4350.1 Multifamily Asset Management and Project Servicing, 4370.2 Finance Operations and Accounting Procedures for Insured Properties, 4370.1 Reviewing Annual and Monthly Financial Reports. A must for owners and management agents who are new to HUD programs and a valuable refresher for those who are not.
The Certified Professional of Occupancy (CPO) course is a comprehensive program offered by the National Affordable Housing Management Association (NAHMA) for property management staff in affordable developments, including LIHTC. It is the only occupancy course that covers the HUD 4350.3 Handbook in its entirety, with specific handbook references cited in the margins of the course text.
With so many HUD properties recapitalizing with tax credits, managers are now faced with state agency compliance audits as well as Management and Occupancy Reviews by the PBCA. Gwen Volk will review the keys to a successful MOR and discuss the special issues that arise when your property is layered with tax credits.
In 2018 a new tax credit minimum set aside was added, the Income Average Test. It is anticipated that many owners will take advantage of important advantages this set-aside will provide. How does this set-aside work? Does it really allow up to 80% income limits at a tax credit property? What are the benefits and potential pitfalls of the new option?
Proceeds from the 2019 Golf Outing will further the education in the 2019-2020 school year for those residents living at JAHMA member Affiliate Property.
It might be hard to imagine, but spring is just around the corner and so, too, is the deadline for nominating a property for one of NAHMA’s 2019 Affordable Housing Vanguard Awards. The deadline is June 7.
The NAHMA Educational Foundation is accepting applications for scholarships to be awarded to worthy student residents in 2019. This year will be the 13th consecutive year that the foundation has made scholarships available.
Local contest entries will come from children; seniors (55 years or older) and special needs residents living in JAHMA Affiliate Member Properties.
Dedicated to improving the professional skills and knowledge in affordable housing
The New Jersey Affordable Housing Management Association (JAHMA) is a nonprofit professional organization of property managers and owners who specialize in the development and operation of government assisted/affordable housing. JAHMA serves the entire state of New Jersey.
JAHMA is dedicated to improving the professional skills and knowledge of personnel working in this special field, to industry representation, and to a better living environment for all residents of assisted/affordable housing.
Interested in becoming a member? Or just want to know more about what JAHMA does? We hope you'll spend some time on our website.
JAHMA has three levels of membership.
>> Regular Membership
Available to property management companies who manage federal, state, or locally subsidized or insured housing projects.
>> Affiliate Property Membership
Available to properties belonging to Regular Member Companies.
>> Associate Membership
Available to vendors whose clients include property management companies.