Project-Based Section 8 Contract Renewal

Course Overview

timer72 min

The contract that your property enters into with HUD is one way to ensure you are receiving the maximum rent potential for your property. However, each contract option has specific eligibility and submission requirements that could affect your selection. Understanding each Option will allow your staff to select the contract that most benefits your property now and in the future.

Objectives

Option One Contract

  1. Understand what an Option One: Mark-Up-To Market contract is
  2. Recognize the difference between an Option 1A and an Option 1B contract
  3. Determine if your property is eligible for an Option One contract

Option Two Contract

  1. Understand what an Option Two Contract is
  2. Determine if your property is eligible for an Option Two contract
  3. How to submit the proper documentation for an Option Two contract

Option Four Contract

  1. Understand what an Option Four contract is
  2. Determine if your property is eligible for an Option Four contract
  3. How to submit the proper documentation for an Option Four contract

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