#2 The Boulevard Saint Louis
Richmond Heights, MO 63117
Phone: 314-824-2410 

Fees:
AHMA Members: $225
Non-Members: $325
Registration includes lunch

HOTMA is a top-to-bottom change to how affordable housing will operate. How does HOTMA affects how we operate these properties? How can we prepare, and what questions do we need answers for to proceed? Plan to leave better prepared to make the transition in the HOTMA era! INCLUDES NEW HUD IMPLEMENTATION GUIDANCE!

Agenda

✔ Thoroughly updated with recent HUD guidance

✔ History of HOTMA.

✔ Applicability of specific HOTMA provisions to LIHTC, HOME, NHTF and Sec. 8.

✔ HUD Only provisions

✔ How income definitions have changed. INCLUDING CLARIFIED STUDENT INCOME RULES.

✔ How asset definitions have changed. INCLUDING CLARIFIED NECESSARY AND NON-NECESSARY PERSONAL PROPERTY AND IMPUTED ASSET INCOME RULES.

✔ Will HOTMA asset limitations apply?

✔ HOTMA and verifications of assets.

✔ Use of other means-tested programs' verifications.

✔ "Yet to come" - what questions do state LIHTC and HOME PJ agencies need in their policies?

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About the Instructor: Scott Michael Dunn - HCCP (National HCCP of the Year 2019)
CEO & President | Costello Compliance & Director of Policy | Costello Companies

With almost three decades of experience in all phases of affordable housing, Scott Michael enjoys both training others and designing systems to ensure regulatory compliance.

He has overseen teams that monitored compliance with HUD, RD, tax credit, and HOME rules for federal, state, and private owner entities.

After 11 years of growing the consulting firm Zeffert & Associates in St. Louis, Scott Michael returned to his roots in the upper Midwest to join the executive team of Costello Property Management (CPM) as their Director of Policy. In 2017, he was privileged to join the ownership team of the company he helped found 16 years prior, Costello Compliance. While continuing his responsibilities with CPM, he looks forward, as CEO of Costello Compliance, to growing our offerings of unique and quality compliance services.