CON20-03: Contract Renewal Options
Live
Webinar- Level Introductory
- Earn 90 Points
Section 8 Renewal guide
How to Increase Your Rents - Maximize Your Property's Contract Renewal
Do you know what Section 8 Renewal Option your property has contracted under? Do you know how that option is benefitting you? Or maybe it isn’t and you’re wondering if you can or should switch options. And what’s the difference between a renewal and a rent adjustment anyway?
Join CMS as we travel through the different Contract Renewal options and the Section 8 Renewal Guide. Discover if a Mark-up-to-Market, an Operating Cost Adjustment Factor (OCAF), or a Budget Based renewal is the road for you!
By the end of the presentation, you should have a better understanding of:
- Terminology used in the contracts department
- The contract renewal submission timeline, and
- Each option for which a property may be eligible to renew under
Event Details
- Date May 19, 2021
- Time 10:00 AM PST
- Location Right Here! (Click on Below Link)
Presented by Karen Ventrice, Affordable Housing Trainer
Karen currently serves as the PBCA Affordable Housing Trainer and has been an integral part of CMS for 10 years. Her experience includes roles as Resident Liaison, Contracts Specialist, Compliance Specialist, and now the PBCA Affordable Housing Trainer for CMS. Karen provides a full range of instructional design services including needs analysis, content design and creation, training observations, evaluation of content and courses, instructional consultations, and development of training interventions.
CON20-03: Contract Renewal Options
On-Demand
Webinar- Level Introductory/Intermediate
- Earn 80 Points
Section 8 Renewal guide
Choose Your Own Adventure
Do you know what Section 8 Renewal Option your property is in? Do you know how that option is benefitting you? Or maybe it isn’t and you’re wondering if you can or should switch options.
Join CMS as we explore the world of Contract Renewal Options and the Section 8 Renewal Guide. Discover if a Mark-up-to-Market, OCAF, or Budget-Based is the path to be chosen.
Best if:
You want to understand each option offered in the Section 8 Renewal Guide and how it may benefit your property.
Best for:
Multifamily Owners, Management Agents, and HUD Staff
Presented by Jenny Higgs, PBCA Contracts Manager
As the Contracts Manager for CMS, Jenny oversees the processing of Contract Renewals and Annual Rent Adjustments for over 600 properties in three HUD regions. During her 10 years at CMS, she has worked in all aspects of the Contracts Department and served as the PBCA Technical Advisor for four years. Jenny trains on the subjects of Contract Renewals, Rent Adjustments, and Utility Allowance Analysis.
