1. Multi-Family Housing Portfolio Mgmt. Update
Presented by Janet Stouder
Multi-Family Housing Portfolio Mgmt. Update
Council for Affordable and Rural Housing

2. Agenda for Discussion Status of Rental Assistance / Vouchers
Unnumbered Letters Issued relating to Portfolio Management Issues
Regulation Update / Pending Guidance
Performance Status
Automation Initiatives

3. Status of Rental Assistance / Vouchers
Fully expect to fund all RA renewals & Vouchers
RA Obligation Tool continues to be performing well
Improper Payments Elimination And Recovery Improvement (IPERIA)
FY 16 Rate – 1.1%
FY 17 Rate – 1.4%

4. Recently Issued Unnumbered Letters/ Administrative Notice
04/28/17 – Allowable Expenses in MFH Properties
Issued due to recent OIG Audit requirement
02/10/17 – Hosting the 2017 Summer Meals Program
01/18/17 - Implementation of 42 U.S.C e-11 of the Violence Against Women Reauthorization Act in Rural Development’s Multi-Family Housing Programs (Administrative Notice)
12/28/16 – Management of Loan Payoffs in MFH Properties
12/06/16 – Results of MFH Annual Occupancy Report

5. Regulation Update
Civil Monetary Penalties – finishing updating Handbook guidance
Financial Reporting – also finishing updating Handbook guidance
Elimination Agreed Upon Procedures
Using HUD Audit format (less the tenant file review)
Changing to $$ vs. number of units for audits
Procedure Notice for FY 18 Management Fee Increase
HB Chapter 6 – Project Suitability – incorporating old guidance on Dynamic Servicing
HB Chapter 9 – Unauthorized Assistance – clarifying guidance

6. PERFORMANCE STATUS National Receivership Prop. Gov. Owned Properties 42
Gov. Owned Properties 4
Delinquency
2.3%
Vacancy – Section 515
5.89%
Proposed Budget
Due Rec % 14, ,
Actual Budgets
Due Rec % 13, ,
Annual Inspection
Due Compl. % 2,
Supervisory Visits
4, ,

7. AUTOMATION PROJECTS
For past three years – using IPAD for completing Supervisory Visits & Physical Inspections
MINC – had a release dated June 14 – see MINC message board
Incorporating the Capital Needs Assessment (CNA) into Multi-Family Information System (MFIS)
Working to move our files to electronic format
Lean Six Sigma – Financial Reporting

8. Questions and
Answers

9. MFH Portfolio Management Division 202-720-9728 www.rd.usda.gov
Janet Stouder
Rural Development
MFH Portfolio Management Division