Section 8 Contract Renewals
Contract with
Management Agents
Manage & Prepare HAP Contracts
Management Agents (MA) who manage several HUD projects with Housing Assistance Payments (HAP) Contracts, their
Contracts either have been renewed under the new HUD Section 8 Renewal Policy Guide,
Guidance for the Renewal of Project-Based Section 8
Contracts, or
are due shortly for renewal or will expire within the next year or two.
During terms
of HAP Contracts, each year MA are required to request rent/budget authority
adjustments through submission of Budget Worksheets or OCAF Worksheets for those HAP Contracts that were renewed under the new HUD Section
8 Renewal Policy Guide,
Guidance for the Renewal of Project-Based Section 8
Contracts.
I am offering my services to MA on negotiated terms that could
reduce costs attributable to managing and preparing proposals for
submission to HUD/Contract Administrators (HUD/CA). My services include, but not
limited, to the following.
- I will track expiration dates of HAP contracts, and notify MA in a
timely manner to prepare proposals for HAP Contract renewals,
- I will track anniversary dates of HAP contracts, and notify MA in a
timely manner to prepare proposals for annual HAP Contract
rent/budgetary adjustments,
- Advise MA of any published HUD Notices affecting programs that
relate to HAP Contracts.
- With
assistance of MA Accounting Departments and Contract Coordinators, I will prepare
a Budget or OCAF approaches to determine which one will be to Owners’ advantage.
- I will
examine budget expense line items to determine if they include all expenses
Owners are entitled to, pursuant to Data Definition for an Audited AFS in
accordance with HUD requirements.
MA are required to submit requests for HAP Contract renewals and annual rent/budgetary
adjustments to HUD/CA 120-days prior to expiration dates or anniversary
dates of HAP Contracts.
HUD Section 8 Renewal Policy Guide
sets forth new guidelines that MA must follow when requesting
renewal
of HAP Contracts
and annual rent/budgetary adjustments to HAP Contracts. I can assist MA in preparing requests for renewals or
annual rent adjustments to HAP Contracts, using the required HUD Forms on MA
letterhead stationary. All MA have to do is sign-off on collaborative proposals and mail them
to HUD/CA.
Contact me and we can discuss
your HUD Contract inventory and
mutual arrangement that could be
financially beneficial to you and me.
301-277-3465 (phone)
301-779-6716 (fax)
alvinl.sutherlin@verizon.net
My Resume
References provided upon request 
Date Updated:
04/22/2010 06:19:16 AM |
