TRACS 202D Update

The latest version of HUD’s Tenant Rental Assistance Certification System (TRACS) 202D has some important changes added to it. Update your knowledge on the new fields and codes which have been added to TRACS 202D—and how to use them. Avoid the frustration of navigating the changes to TRACS 202D and ensure your compliance with TRACS 202D by attending this training session.

This session will provide a step-by-step guidance to manage TRACS 202D’s new forms, certification codes, miscellaneous accounting requests, signature rules—and more.

Learn to fill out 50059s with ease. Get updated copies of the HUD 50059A, 50059 and voucher forms. Review each of the new fields, changes, and codes involved. Plus, learn about the new Repayment Agreement record added to the voucher.

We will look at:

• Implementation
• Changes to HUD Certifications (HUD 50059 and HUD 50059A
• EIV Indicator
• Extenuating Circumstances
• Partial Certifications
• Recent Updates

This session will give you the tools needed to understand and utilize the TRAC’s 202D system.

Who will Benefit:

• Property Managers
• Property owners
• Maintenance Staff
• Realtors
• Compliance Staff
• Legislators

Paul Flogstad

Paul has been involved in the real estate industry for the past 38 years. After college graduation was in law enforcement for 4 years. From that point on, he has been involved in sales, construction, project management, appraisal, mortgage consulting and brokerage, property management and property management consulting/training.

Most recently, he was a consultant for affordable, multi-housing properties in 22 different states. This involved properties in HUD, Rural Development and Tax Credit programs. In this role he supported managers by training, compliance, budgeting, developing policy and procedures as well as creating successful marketing strategies. Previously he was a regional manager for a large property management company in South Dakota.

For over twenty years was involved in appraisal of residential, multi-family, farm and commercial properties throughout the Midwest.

He holds numerous professional property management designations and currently holds the prestigious RHM designation from the National Center for Housing Management.

In 2007 he formed Property Management Solutions. In this capacity, he provides training and consulting services nationwide to owners, management companies, multi-housing associations, as well as state and federal agencies.

He currently serves as the Fair Housing Ombudsman for the State of South Dakota and is considered a nationally recognized expert in fair housing. He is also a national trainer specializing in tax credit properties for the National Center of Housing Management.