Join us for a two-day virtual training on HUD’s “RAD for PRAC” Conversion program. Owners and managers of PRACs, as well as those in the industry that work with them, will want to tune in to hear how PRACs can be converted to 20-year Section 8 contracts, and why an owner may want to do this. The Gates Dunaway Group, Recap Advisors, and Centennial Mortgage are thrilled to be offering another RAD for PRAC training focused on HUD’s new RAD for PRAC conversion program, which is described in Revision 4 to the RAD Notice.
WHEN: September 15 & 16, 2020
TIME: 9:00 am to Noon Pacific each day
WEBINAR: GoToMeeting
REGISTER: https://attendee.gotowebinar.com/register/3099533583003874574
TRAINERS:
- Gates Dunaway, Gates Dunaway Group
- Sunny Fitzgerald, Centennial Mortgage
- Cindy Ross, Centennial Mortgage
COST: $125 per person
AGENDA:
- Overview of the RAD and PRAC Programs
- RAD for PRAC Program
- Conversion Requirements & Benefits
- Initial Conversion Plan
- Rent Setting
- Rent Bundling
- Developer Fee & Cash Out
- Budget Based Rent Increase
- Leveraging New Capital for Conversion & Preservation
- Financing Options
