1. 1 A D V A N C E D T E C H N O L O G Y S Y S T E M S U.S. Department of Housing and Urban Development (HUD) Tenant Rental Assistance Certification System (TRACS) TRACS Security Deposits CHANGES HAS BEEN PUT ON HOLD Jerry Ledbetter Implementation Date: November 12, 2004

2. 2 Introduction CHANGES HAS BEEN PUT ON HOLD n Revised 4350.3 Handbook Mandate n Current Security Deposit Logic n Security Deposits by Subsidy Type n Security Deposits by Subsidy Type and Program Type n Revised Discrepancies n New Discrepancies

3. 3 Revised 4350.3 Handbook Changes CHANGES HAS BEEN PUT ON HOLD n Differentiates among Sec 8 program types n Expects a specific security deposit amount depending on program type

4. 4 Current Security Deposit Logic CHANGES HAS BEEN PUT ON HOLD n Uses transaction type and subsidy type to determine if a security deposit is required n Does not differentiate among Section 8 programs n Uses one criterion to determine what security deposit amount is required

5. 5 Security Deposits by Subsidy Type CHANGES HAS BEEN PUT ON HOLD n Section 8 n BMIR n Rent Supp n RAP n 202/811 PRACs n 202 PACs n Section 236

6. 6 Security Deposits by Subsidy Type/Program Type CHANGES HAS BEEN PUT ON HOLD All Section 8 Programs: n Program type: 1 = Loan Management (Set-Asides) 3 = New Construction (with AHAP effective before 11/5/79) & (with HAP executed on or after 11/5/79) 5 = New Construction FMHA (RHS 515 with Section 8) 7 = Substantial Rehab (with AHAP effective before 2/20/80) & (with HAP executed on or after 2/20/80)

7. 7 Security Deposits by Subsidy Type/Program Type CHANGES HAS BEEN PUT ON HOLD All Section 8 Programs: n Program type (Cont): 2, 15,16 = Property Disposition (provided with sale of HUD owned property) 4,10,11,17,18,21 = Section 202 (with Section 8 or PAC) 6 = State Agency (with AHAP effective on or after 2/29/80) 9 = State Agency (with HAP executed before 2/29/80)

8. 8 Revised Discrepancies CHANGES HAS BEEN PUT ON HOLD n CE131 –Transaction type equals AR or IR –Submitted security deposit equals $0. –“Security Deposit is Now Being Collected.” –Action Required = 03 n CE252 –Transaction type equals MI, IC, CS, CR –Subsidy type equals 2, 3, 7, 8, 9 –Submitted security deposit is NOT the greater of Total Tenant Payment or $50.

9. 9 New Discrepancies CHANGES HAS BEEN PUT ON HOLD n CE258 –Transaction type equals MI, IC, CS, CR –Subsidy type equals 4 or 5 –Submitted security deposit DOES NOT equal Total Tenant Payment n CE259 –Transaction type equals MI, IC, CS, CR –Subsidy type equals 1 –Program type equals 3 –Submitted security deposit DOES NOT equal Total Tenant Payment

10. 10 New Discrepancies CHANGES HAS BEEN PUT ON HOLD n CE259 (cont) –Transaction type equals MI, IC, CS, CR –Subsidy type equals 1 –Program type equals 5 –Submitted security deposit DOES NOT equal Total Tenant Payment –Program type equals 6 or 9 –Submitted security deposit DOES NOT equal Total Tenant Payment –Program type equals 7 –Submitted security deposit DOES NOT equal Total Tenant Payment

11. 11 New Discrepancies CHANGES HAS BEEN PUT ON HOLD n CE260 –Transaction type equals MI, IC, CS, CR –Subsidy type equals 1 –Program type equals 3 –Submitted security deposit is NOT equal the greater of Total Tenant Payment or $50 –Program type equals 6 or 9 –Submitted security deposit is NOT equal the greater of Total Tenant Payment or $50

12. 12 n CE260 (cont) –Transaction type equals MI, IC, CS, CR –Subsidy type equals 1 –Program type equals 7 –Submitted security deposit is NOT equal the greater of Total Tenant Payment or $50 –Program type equals 2, 4, 10, 11, 15-18, 21 –Submitted security deposit is NOT equal the greater of Total Tenant Payment or $50 New Discrepancies CHANGES HAS BEEN PUT ON HOLD

13. 13 n CE261 –Transaction type equals MI, IC, CS, CR –Subsidy type equals 1 –Program type equals 1 –Submitted security deposit is greater than Total Tenant Payment New Discrepancies CHANGES HAS BEEN PUT ON HOLD

14. 14 http://www.hud.gov/offices/hsg/mfh/trx/trxdocs.cfm TRACS Security Deposits CHANGES HAS BEEN PUT ON HOLD