Webinar – Everything You Need To Know In 2022

April 26  •  9:00 – 12:00; 1:00 – 5:00

April 27  • 9:00 – 12:00; 1:00 – 5:00

  COST:  $600


Register Here

This session will feature a live web-based webinar to assist your agency for the challenges in the upcoming year. This seminar for all staff members will discuss strategies and techniques to protect reserves and survive challenges to funding. We will consolidate all the important goals, deadlines and hot topics.


General Update

  • LIPH operating reserves
  • Salary limits in 2022 and related reporting
  • Refederalization of the COCC
  • GAAP & GASB updates

Capital Fund

  • Eligible and ineligible costs
  • COVID waivers, accounting and reporting
  • The treasury rule
  • Latest on HUD funding
  • Uses of CFP Funds during asset repositioning and after

The PHA in the Post-RAD / Post-Repositioning Environment

  • Changes related to becoming a small PHA, including the impact that has on CFP, PHAS Scoring, other impacts of how that designation changes
  • The decision to keep or abandon the use of a COCC and reverting to indirect cost allocation vs fee for service
  • Using Section 18 and/or Streamlined Voluntary Conversion to finish converting the portfolio
  • What to do with Operating Reserves and the Capital Funds or Subsidy that come in afterwards
  • Developing long term projections to quantify the impact of the changes on the programs, COCC, and the PHA as a whole
  • Use of Business Activity instead of the COCC

Preliminary Look at PHAS Final Rule

  • HUD vision and objectives
  • A walk through the revised indicators
  • HUD’s new risk assessment criteria
  • HUD’s Risk Enterprise team
  • Trending of indicators
  • Other indicators

Operating Fund

  • Tips to maximize subsidy
  • Operating subsidy portal
  • Changes in submitting compliance forms

FDS & Reporting Overview of the FDS

  • COVID reporting updates on the FDS
  • Tips to prevent FDS rejections
  • Quarterly reporting requirements
  • RAD and other asset repositioning reporting

Housing Choice Voucher

  • Eligible funding sources
  • Comparing HAP & RNP for VMS and FDS purposes
  • Tips to prevent a QAD review
  • Review of the Two Year Tool
  • Maximizing HAP and leasing utilization
  • COVID-19 waivers, accounting & reporting


To receive CPE credit for participation in a BDO training program, you must sign-in at the beginning and actively participate throughout the session. You will receive an email notification once the attendance record has been processed, including instructions on how to access your CPE certificate.

Delivery: Group Live
Prerequisites: None
Advanced Prep: None
Credits: Up to 14 CPE credits total
Program Level: Basic

BDO USA, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org


BRIAN ALTEN, CPA, is with BDO PHA Finance, a division of BDO USA, LLP. Brian has worked in PHA finance for over 20 years. His specialties include Low Income Public Housing (LIPH), Housing Choice Voucher (HCV), Project Based, Moderate Rehabilitation (Mod Rehab) and New Construction Section 8; the Capital Fund Program (CFP), HOPE VI and various other programs and grants such as ROSS and Rural Development. He has helped Housing Authorities maximize both Operating Subsidy and their financial ratio scores.