Trainer: Nicki Scott
Our course on Repayment Agreements is designed to help Owners and Agents better understand the Department of Housing and Urban Development’s, or HUD’s, objective of reducing administrative and subsidy payment errors in order to assure that the ‘right benefits go to the right persons’. HUD has provided tools and guidance to Owners with the expectation of reducing assistance payment errors, mismanagement and/or fraud. Throughout this course, we will review the requirements detailed in Chapters 8 and 9 of the Handbook, which address the actions that Owners must, should and may take upon discovering a discrepancy and/or possible error that affects a tenant’s rent and/or eligibility. Next, HUD has very specific requirements regarding tenant and/or Owner repayment agreements. We will detail these requirements as well as provide guidance on successfully negotiating and entering into a repayment agreement with a tenant. Additionally, HUD recognizes the financial and administrative burden of investigating and documenting discrepancies and/or possible errors. We will review the guidance in the Handbook stating that Owners may retain a portion of the repayments they collect from tenants to defray the cost of pursuing these cases. Finally, throughout this course we will use a case study to highlight HUD’s requirement of investigating and documenting discrepancies and/or possible errors and entering into repayment agreements with tenants in order to reimburse HUD for improper subsidy payments.