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.
Attendees will gain a new perspective on their management duties.
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.
You can register numerous people through this invitation. Click ‘Add a Guest’ on the Registration screen. You may pay with a check or with a credit card once you have completed this form.
Please share the parking information with your registrants.
Continental breakfast will be provided. Lunch is on your own.
PARKING & TRANSPORTATION: Note: Street parking is NOT advised
(high ticket potential and it is more expensive for all day)
• Parking lots nearby: 8th & Clay ($10 for all day), 400 11th street ($20 for all day), 729 Clay ($10 for all day), 989 Franklin ($10 for all day), and 7th & Jefferson ($7 for all day).
• 12th Street BART Station is 2 blocks away.
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