October 2018 Back to Top
Fundamentals of Calculating
Annual Income and Asset Income for 50059s
Learn what types of income do and don’t count and how to correctly annualize these figures. We will explore when you can utilize EIV Income Reports as the sole source of income verification and when other methods of verification are required.
Next, we tackle assets. Navigating through complex asset documentation is tricky and a less frequently exercised skill for many managers. How often must assets be verified? What is the difference between cash value and market value? How do you estimate the value of real estate or insurance policies? We will use real-life examples to illustrate different types of assets and their correct valuation and income calculations while teaching techniques to ensure assets are being identified by the households.
Instructor: Jenny DeSilva
Jenny is a recognized compliance expert/speaker with extensive training and consulting experience with HUD’s multifamily housing programs. She provides consulting & customized compliance products for housing entities opting to outsource policy and procedure development and also offers monthly services to owners/agents. She is an active member of multiple HUD working groups to develop consistent regulatory oversight practices nationwide.