This class is for the property manager, supervisor and asset manager (working with low income housing tax credit properties) who wants to understand the decisions made during the development process and their impact throughout the life of a property.
This class introduces you to the development pro forma and the financial assumptions it contains. Exercises include calculating Vacancy and Delinquency Rates, Per Unit Costs, Net Operating Income and Debt Service Coverage Ratios.
We will focus on how to use monthly and yearly data to monitor the long-term financial health of affordable housing. Students should have a working knowledge of budgets and be able to complete basic math functions.
Each attendee must bring a calculator, pencil & paper to the class.
About the Speaker: Birute Skurdenis is an Asset Manager with Merritt Community Capital Corporation, a nonprofit tax credit syndicator. Besides managing a portfolio of affordable housing in Northern California, she coaches nonprofits on affordable housing management issues and low income housing tax credit compliance. She is a nationally recognized trainer who has provided training for NeighborWorks Training Institutes, LISC, the Enterprise Foundation, and HUD. She has worked in affordable housing management since 1986.
Continental breakfast will be provided. Lunch is on your own.
Thank you Christian Church Homes/Southlake Tower for hosting this informative class!
PARKING & TRANSPORTATION: There are parking lots at 14th and Harrison, and on 14th Street between Alice and Jackson, both are within 2 blocks of the building. Additionally, 12th Street BART is five blocks away.