CDBG Fundamentals is a three-day course that provides an overview of the Community Development Block Grant Program, including key requirements for each eligible activity type . To help participants make sense of it all, the course provides a framework for rules on National Objective basis and ensures that they understand the roles and responsibilities applicable to the CDBG entitlement grantee, its subrecipients, partners, and low-income beneficiaries.
Fundamentals of Financial Management
December 4-5, 2018
Pompano Beach, FL
This two-day course covers the basics of Financial Management with a focus on implementing 2 CFR Part 200 and the specific challenges HUD CPD grantees face, including grant-based accounting, program income and utilizing IDIS as a grants management tool.
Underwriting Rental Development
New dates coming soon.
GRP, GRO, EGI, NOI, DCR, AMI, NPV, IRR, and ROI... It’s enough to make a grownup cry. The demand for rental housing continues to increase as does the sophistication of HUD’s expectations for underwriting and subsidy layering by HOME PJs. This two-day course helps break through the “math phobia” and identify a common framework for underwriting HOME rental projects.
Through hands on exercises, participants will have the opportunity to review, manipulate, and improve project assumptions – beginning to apply their own local knowledge to a proforma “based on a true story.” Participants will leave the training with a proforma they can customize for their own projects and learn to recognize how all proformas seek to answer five core questions.
HOME Fundamentals is a three-day course that provides an overview of the HOME Investment Partnerships Program, including key requirements for each eligible activity type – homebuyer, homeowner rehabilitation, rental, and tenant-based rental assistance. To help participants make sense of it all, the course provides a framework for rules on a program wide, project, and assisted-unit basis and ensures that they understand the roles and responsibilities applicable to the HOME Participating Jurisdiction (PJ), its subrecipients, property owners/developers, CHDOs, and low-income beneficiaries.
Structuring HOMEbuyer Assistance
New dates coming soon.
Whether providing DPA to low-income buyers or funding the development of affordable for-sale homes, the HOME rule requires PJs to underwrite each assisted buyer, size assistance to the individual needs of the household, and developer responsible lending and subordination policies. This two-day course not only teaches PJs and their partners how to assess the purchasing power of a buyer but walks PJs through the required elements their local policy should address. Participants also learn the basics of recapture and resale. Through hands-on exercises, participants will apply the courses materials to their own local program and leave with a proforma, sample set of homebuyer program policies, and an example written agreement applying standard recapture provisions.
This webinar combines the key elements of procurement best practices with the nuances of 2CFR Part 200. In just 90 minutes, we will cover the 10 things that make a successful procurement and leave participants with a to-do list of their own design.
Underwriting HOMEbuyer Development
New dates coming soon!
In this two-day course, participants learn how to underwrite the development of homebuyer (i.e., for-sale) housing with HOME funds. Learn how three key figures drive all homebuyer development transactions and how funds invested toward development costs “transform” into development subsidy, direct homebuyer assistance, and program income at the end of a project. Discuss evolving program requirements, including approaches to assessing the market for homebuyer development projects and how that changes when using buyer-based approaches. While focused on HOME, this class is also appropriate to NSP or CDBG program staff who want to structure better projects.