Hud management agent handbook 2018

Hopefully everyone is aware of the HUD passbook rate change. Effective February 1, 2015, the passbook savings rate to be used for all move-in, initial, annual, and interim recertifications when a family has net assets over $5,000 is .06% (that's .0006 and no rounding). This new rate will affect the following subsidy types: […] December 2nd HUD Handbook 2000.06, REV-4, sets specific timeframes for management decisions on recommended corrective actions. For each recommendation without a management decision, please respond and provide status reports in accordance with the HUD Handbook. Please furnish us copies of any correspondence or directives issued because of the audit. This handbook applies to insured, co-insured, and HUD-held projects. This handbook describes the procedures that Loan/Asset Management and other HUD staff need to follow in working with and monitoring management agents of HUD-insured and HUD-assisted properties. Performance-Based Annual Contributions Contract (ACC) Guide (2012) Module 3.1: Recommended Minimum Qualifications for Service Coordinators. The minimum requirements to be hired as a HUD multifamily service coordinator, as specified in Chapter 8 of the Management Agent Handbook, are: Knowledge of and training in elderly and disability services. Demonstrated working knowledge of local services for the elderly funding. These requirements are covered in HUD Handbook 4350.6. b. Owners/agents must make copies of the following documents available to designated resident association representatives upon request. (1) HUD's completed Physical Inspection and Management Review reports. (2) Owner/agent's proposed MIO Plan and funding strategy. Office of Multifamily Housing Management. The handbook also describes the role of the Office of Fair Housing and Equal Opportunity (FHEO) in ensuring compliance with civil rights requirements. 1.2 APPUCABIUTY a. The guidance presented in this handbook applies to management agents of both HUD-insured and HUD-assisted properties. HUD Handbook 4350.2 - Section 8 Loan Management Set-Aside for Projects with HUD-Insurance and HUD-Held Mortgage HUD Handbook 4350.5 - Subsidy Contract Administrative and Field Office Monitoring HUD Handbook 4381.5 - HUD Management Agent Handbook HUD Handbook 4571.1 - Section 202 Direct Loan Program Housing for the Elderly or Handicapped during MIP. When a 312 project becomes HUD-owned, the DHM must request legal counsel to transfer the documents to the Multifamily Accounting Branch, HFMMA. 8-5 Section 202 Projects. HUD may acquire title to or become MIP of Section 202 projects as a result of a mortgagor's default on the loan. A. HUD-owned multifamily Section 202 projects are 0 Handbook 4381.5 REV-2 GNP Z U.S. Department of Housing and Urban * ° 2 I. Development IQ Office of Multifamily Housing 49/1/V D 0" December 1994 The Management Agent Handbook CHANGES 1-2 HAS BEEN INCORPORATED HMHP: W R-6-1,R-6-2,R-77 R-7.1,R-7-2, State Agencies and Owners and Agents . Created Date: 3/15/2012 3:02:09 PM HUD Handbook 2000.06, REV-4, sets specific timeframes for management decisions on recommended corrective actions. For each recommendation without a management decision, please respond and provide status reports in accordance with the HUD Handbook. Please furnish us copies of any correspondence or directives issued because of the audit. Clarification of HUD Approved Training Expenses. I understand why Owners of HUD su