Understanding 202/811 PRAC's
Event Description
PRACs provide supportive housing for the elderly and for persons with disabilities. While many of the PRAC program rules resemble those of Section 8, there are many important differences. This webinar covers PRAC basics and shows you how to apply the special rules that govern them including income limits, eligibility rules, rules about adding an adult child, eligibility of a remaining family member, admitting over-income or non-elderly applicants, rent calculations, charges in addition to rent, marketing requirements, the 202 and 811 PRAC leases, security deposits, and termination. Citations from the 4350.3 Rev 1 are included for later reference.
Instructor: Gwen Volk (GWEN VOLK INFOCUS INC.)
Gwen maintains an extensive network of affordable housing experts and regulators and stays on top of the issues and changes that affect the industry through her active participation in NAHMA and as a member of IREM's Federal Housing Advisory Board. With a BA in English and Education and MS in Business Management and over 30 years of experience in the affordable housing industry as an owner/agent, chief compliance officer, consultant and trainer, Gwen Volk has the knowledge, passion, and commitment to serve the needs of the organizations, agencies, and individuals who make affordable housing a reality. She maintains the following credentials:
- Certified Property Manager (CPM ®)
- National Affordable Housing Professional ? Executive Level (NAHP-E ®)
- Specialist in Housing Credit Management (SHCM ®)
- Housing Credit Certified Professional (HCCP)
- Registered in Apartment Management (RAM ®)
- Certified Professional of Occupancy (CPO™)
- Fair Housing Compliance (FHC™)
Registration/Fee Payment & Cancellation Policy
Payment & Cancellation Policy
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