This engaging and practical training session dives into the real-life application of the Housing Opportunity Through Modernization Act (HOTMA). Designed for affordable housing professionals, this course focuses on how HOTMA has transformed the way income, assets, and student financial assistance are calculated and treated in compliance processes. Participants will gain hands-on experience navigating these changes through real-world scenarios, ensuring they leave with actionable insights to enhance their operations and compliance strategies.

Agenda

1. Introduction and Overview of HOTMA

2. Income: Real-Life Scenarios

• Exploring revised definitions of income under HOTMA.
• Practical examples of income inclusions and exclusions.

3. Assets: Real-Life Scenarios

• Understanding HOTMA’s updated treatment of assets.
• Asset limits for eligibility and exclusions.
• Practical examples of net family asset calculations.

4. Student Financial Assistance: Real-Life Scenarios

• HOTMA’s rules for calculating student financial assistance as income.
• Identifying which types of assistance are included or excluded.
• Interactive case studies:
• Navigating eligibility for students receiving financial aid.

Purchase access for multiple people using our "For Someone Else" feature at checkout. Groups of 10 or more will receive 20% off their total purchase.