HOTMA — The Big Game Changer
The Housing Opportunity Through Modernization Act (HOTMA) of 2016 makes sweeping, top-to-bottom changes in managing HUD-assisted housing. TRACS 2.0.3.A (Tenant Rental Assistance Certification System) is necessary for compliance with the February 2023-issued HOTMA final notice.
Now is the best time to get prepared and learn about new rules for:
- Program eligibility and new methods for verification
- Definition and treatment of annual income, assets and the asset cap
- Deductions and adjustments to income
- Rent calculations
- Processing interim recertifications
Join RealPage’s Barry Weaver, Vice President of Affordable Product, and Susan Sloan, Director, OneSite® Product Management, as they explore HOTMA changes for Project-Based Section 8, Section 202/811, HOME and National Housing Trust Fund programs in their webcast, HOTMA—The Big Game Changer. Learn how HOTMA rules will impact Affordable Housing operations and gain strategies for navigating the changes.
Barry has over 30 years of experience in affordable housing leadership and management. He has managed a full spectrum of real estate for both non-profit and for-profit owners including HUD 202, Section 236, 221 (d) (3), Bond, HOME, Hope VI, LIHTC, Rural Development, Congregate Care, Assisted Living and Market-rate properties. He is a Certified Property Manager (CPM®); a LEED Accredited Professional (LEED AP®); a National Affordable Housing Management Professional – Executive (NAHP-e); a Specialist in Housing Credit Management (SHCM); and a Licensed Real Estate Broker. Barry is a national speaker and trainer on sustainability and green property management. He earned a Master of Public Administration from the University of Colorado and a B.A. in Social Welfare and a B.A. in Sociology from Cal Poly Humboldt.
Susan Sloan
Director, OneSite Product Management, RealPage, Inc.Susan Sloan, Director of OneSite® Product Management, joined RealPage® in 1996 as a systems analyst for the product development team, soon becoming lead business analyst and then product manager for Affordable products. In 2007, Susan moved to the Professional Services Group as a solution consultant where she assisted clients with their implementation of the OneSite Enterprise suite of products, including Conventional, Commercial, HUD, Tax Credits, Rural Housing, Purchasing, Facilities, Portals and Document Management. Susan also specialized in providing best practices and review of operational management and implementation of corporate policies and procedures. In late 2013, Susan moved back to the product development/management team for OneSite.
