Budgeting 101 for Multifamily Affordable Housing Projects
Event Description
The Operating Budget is the financial foundation of a property. It establishes reasonable financial goals for a property and provides guidelines for accomplishing them. The financial performance of a property is measured by comparing the monthly financial statement, which reflects income and expenses, to the budget. A budget serves as both a guide and a safety check: a guide in that it sets realistic financial goals for the property, in light of the owner’s requirements and the property’s ability to generate income, and a safety check in that it establishes expense limitations and income requirements. This three-hour live webinar will assist property managers in understanding types of budgets, styles of budgeting, budget preparation, expenses relating to property operations, and reserve accounts. Manager participation in budget preparation is crucial – this session will assist managers in their understanding of that important role.
Instructor: AJ Johnson
Registration/Payment/Cancellation Deadline: July 9th.
Each attendee must register and pay by the above date and must provide an individual/unique email address at registration.
Registration/Fee Payment & Cancellation Policy
Payment & Cancellation Policy
Each person who views a MA-AHMA-hosted webinar must register and pay for individual access; group viewing via one registration/payment is prohibited and dishonest. Registration and registration fee payments must be received by any posted deadline or 5 business days prior to the webinar date if no deadline is posted on the registration page. Registration fees may be refunded less a $50 cancellation charge if a cancellation notice is received in writing via email to info@mid-atlanticahma.org by any posted deadline or at least 5 business days prior to the event if no deadline is posted. Non-payment of the registration fee does not cancel your registration and all no-shows will be responsible for payment of the full registration fee. No refunds or transfers are provided after the cancellation deadline (i.e., within 5 business days of the event or any posted deadline); substitutions are permitted until 1 day prior to an event. Certificates of participation will be held until full/correct payment is received and if the company has any delinquent MA-AHMA invoices. Non-payment of fees may result in registration refusal for future events. Corrective invoices will be issued for non-members registering/paying at the member rate and the balance due must be paid by the event date or upon receipt of the corrective invoice. A $50 late fee will be assessed on all payments received after the payment deadline. The webinar link you receive is personalized to you and should not be shared; unauthorized use of your personal link and/or multiple/simultaneous log-ins using your link may result in the assessment of additional registration fees. NOTE: This policy supersedes any policy or statement regarding cancellations that may appear on automated webinar confirmations from the instructor or webinar platform (e.g., GoToWebinar, Zoom, etc.); cancellations are ONLY accepted via email to info@mid-atlanticahma.org as described in this policy.