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Title : 2019 HUD Updates on Residential Care Facilities Asset Management
link : 2019 HUD Updates on Residential Care Facilities Asset Management

2019 HUD Updates on Residential Care Facilities Asset Management

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October 1, 2019 - 3:00 PM EST

In this webinar, representatives from HUD's Office of Residential Care Facilities (ORCF) will discuss the Section 232 program, which provides mortgage insurance for residential care facilities, including nursing homes, assisted living facilities, and board and care homes. In this webinar, get an overview about programs offered through ORCF and detailed information related to the recent changes in the HUD-published documents that are required for use by borrowers and operators in performing asset management functions in their facilities.

Learning Objectives:

• Understand the updated form and procedures for Reserve for Replacement and Residual Receipt withdrawals.
• Understand the updated form to request access to the 232 Healthcare Portal.
• Understand the requirements and forms for changes in participants of residential care facilities that currently have FHA-insured financing.
• Understand the updated form for adding or submitting changes to the Accounts Receivable Financing for your facility.
• Understand the requirements and updated form for requesting a Loan Modification.
• Understand the updated form for certification of completion of Non-Critical Repairs.
• Understand the requirement and updated form for notification to HUD of threats to permits and approvals for your facility.

Speakers:

• John Hartung, Director, Policy, Risk Analysis and Lender Relations Division, Office of Residential Care Facilities, HUD
• Philip Head, Director, Asset Management Division, Office of Residential Care Facilities
• Rita Dockery, Supervisory Account Executive, Office of Residential Care Facilities, HUD

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