The Housing Opportunity Through Modernization Act (HOTMA) of 2016 has ushered in a new era for affordable housing programs with its final rule published on February 14, 2023, and the newly issued date of February 2, 2024. This landmark legislation has introduced sweeping changes that are pivotal for property managers and owners in qualifying households for HUD programs.

In this session, we'll dive into the complexities of HOTMA's final rule, dissect the eligibility revisions, and provide you with the tools to ensure your compliance is as solid as a well-built foundation. Get ready to explore the updated landscape of HUD compliance and keep your property management skills sharp and up to date.

Agenda:

• HOTMA overview and the final rule, including updated effective dates
• Tenant Selection Plan changes
• Changes to the EIV System
• Program eligibility changes
• Income and assets inclusions/exclusions
• Applicable inflationary adjustments
• Asset Restrictions for Eligibility

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