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HCV Financial Management

PURPOSE: NMA’s HCV Financial Management is the most comprehensive training on financial management in the HCV program offered anywhere. This three-day training will provide you with the knowledge and tools needed to understand how the program is funded and how to maximize the use of your available funding.  In addition, this course will teach you how to determine the number of units your funding will support, and how to use monitoring tools to stay within your available funding.  Other topics covered in this course include HUD’s various regulatory financial management requirements, such as the investment of excess program funds, the collateralization of funds, the use of reserves, insurance requirements, and possible sanctions for non-compliance. You will learn how to report program activity in the Voucher Management System (VMS) and how to establish a system of internal controls. Also learn how to make use of HUD's Two Year Forecasting Tool to better utilize your funding.


This course will be most beneficial to housing authority accounting, financial management, and budget staff, but will also suit program staff responsible for managing the number of units to lease based on funding as well as those responsible for VMS reporting.  Independent auditors desiring to understand HUD’s financial management requirements for the HCV program will also benefit by attending.

This class has been updated to include:

  • 2012 Appropriations
  • Cash management
  • How unused HAP funds will be disbursed and maintained
  • Important new information on how HAP revenue will be recognized because of the implementation of cash management
    Discussion on the meaning of the new executive compensation cap (Notice 2012-14)

SEMINAR #: 101-033
AGENDA: Agenda
MATERIALS: HCV Financial Management course book, NMA pen, pencil, calculator, and bag
METHOD: A group-live seminar featuring PowerPoint, case studies, group discussion, class materials (workbook, course book or master book), brainstorming, and Q & A
Basic program level. Prerequisites: None. Advanced Preparation: None
LENGTH: Three days
AUDIENCE: Accounting and finance staff and executive directors
EXAM: The certification exam is available for $150. The certification exam is offered online and in-class.
CREDITS: CPE units w/ exam = 21 CEU units w/ exam = 1.7
REGISTER: Fill out the PDF registration form and fax to 619.258.5791. Or select the seminar you'd like to attend from the list of locations and dates below.

HCV Financial Workshop (2 days) - August 12-13 - Myrtle Beach, SC* More Information
HCV Financial Management - August 25-27 - Santa Fe, NM More Information