Pre-Conference

Workshop

Tim VeenstraDirector of Asset Management

Illinois Housing Development Authority

Morning Schedule

Asset Management Updates• 2018 Compliance Guide

• Finance Processes

• New Organizational Structure

Opening Remarks

Session 1: Compliance Essentials or RAD Compliance Nuances

Session 2: Compliance Hot Topics or Property Manager Showcase

Lunch: Ask IHDA Panel, PM of the Year Award, Closing

After Lunch: Main Conference @ 1:30; Meet & Greet 1:45 - 3:45

Morning Schedule

Asset Management

At-a-glanceProperties 1,279

Total Units 96,598

Overage Occupancy 94.8%

Active Mortgages 840

Loan Balances $1.25 B

Avg. Annual Default/Loss 0.72%

Reserve Balances $129 M

2018 Compliance Guide• Updated format w/ property specific info

• Includes status of 2017 compliance

• Emailed by early March

Compliance News

Check your email early March• Review 2018 requirements

• Check status of 2017 submissions

• Focus on 6 key pages

2018

Compliance Guide

New Processes• Streamlined Audit Guidelines

• New Reserve Withdrawal Procedure

• Reviewing Min. Reserve Standards

Finance Updates

• Aligns roles & responsibilities by core duties

• Ensures backup for every function

• Organizes teams by management company

New Org Structure

New Org Structure

Rental Compliance

Patricia Williams, Asst.

Dir.

Mgmt. Reviews, Phys. Insp,

TC Compliance

3 Supervisors (R La Luz; 2 vacant)

& 28 staff

Rental Assistance

Vacant, Asst Dir.

Section 8, 811, Mod-Rehab,

LTOS, RHS, SRN

Manager Paula Lewis & 10 staff

Finance & Data

Jim Scudder, Supervisor

Audits, Escrows, Budgets, Data

Integration

9 staff

Special Assets

Stephen Gladden, Asst.

Dir.

Modifications, Workouts

3 staff

Policy & Strategy

Jennifer Miller, Sr. Advisor

Procedures Training &

Business Dev.

2 staff

Compliance Teams

Sr. Asset

Manager or

Asset Manager

Compliance

Analyst

Physical

Inspector

Financial

Analyst

• Minimum Reserve Standards

• 8823 filing procedures

• Expand & Enhance Training Offerings

• Forms, data and process improvement

Plans for 2018

Coffee Break• Save your questions for lunch Q&A

• Meet your compliance team

• Room dividers going up

• Return for compliance sessions at 9:15

Next Steps

Ask IHDA Panel

Property Manager of the Year

Closing Remarks

Lunch

Patricia Williams, Assistant Director of Rental Compliance

Steven Gladden, Assistant Director of Special Assets

Jim Scudder, Supervisor of Finance & Data Integration

Paula Lewis, Manager of Rental Assistance Programs

Rafael LaLuz, Supervisor of Physical Inspections

Ask IHDA Panel

Housing Opportunity

Development Corporation

Rose Russo

Property Manager

of the Year

Closing Remarks

Regulator and Partner

Work together to streamline

We value your work & ideas

This Afternoon

Hyatt Regency West Tower1:30 Opening Plenary

(AM Meet & Greet – 1:45-3:45)

3:45 Keynote & Awards

5:00 Reception