TRACS 2.0.3.A Update

Pre Recorded

  • 60 minutes

HUD plans to release TRACS 2.0.3.A  with the transition period from Feb 1 to May 31, 2018. 

TRACS is a HUD (Housing and Urban Development) computer system developed to help improve financial controls over assisted housing programs by automating manual procedures and incorporating automated controls. 

The current version of TRACS, 2.0.2.D, is being upgraded to 2.0.3.A in order for HUD to accept data from Multifamily Housing (MFH) business partners that complies with updated policies and procedures. 

Join expert speaker Paul Flogstad to get a better understanding of TRACS 203A and the modifications required for compliance. The session will discuss the new changes and the TRACS Operating Tips. The program will cover all of the updates to the 202D program with the new 2.0.3.A program. Associated implementation dates will also be discussed during this session.

Session Highlights:

  • TRACS Operating Tips

  • MAT Tenant System Record Formats & Definitions

  • MAT Voucher/Payment Record Formats & Definitions

  • The old Chapter 9 from the 4350.3

  • Calculation Guidelines

  • MAT15 Address Record Specification

  • Baseline Requirements

  • New Subsidy Types

  • Updated and New Calculations

Why You Should Attend

This webinar is a great opportunity that will prepare housing industry professionals for the updates that will be made to the TRACS system with TRACS Release 2.0.3.A. A close examination of the MAT Tenant and Voucher/Payment System Record files, as well as applicable policy changes, will be done.

Who Should Attend: 

  • Property Managers

  • Property Owners

  • Compliance Staff

  • Leasing Agents

  • Contractors

  • Public Housing Directors

  • Housing Authority Staff

Ask your question directly from our expert during the Q&A session following the live event.

Paul Flogstad

Paul Flogstad

Paul has been involved in the real estate industry for the past 38 years. After college graduation he 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 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. 

Paul was previously Vice President of the South Dakota Multi-Housing Association, Vice Chairman of the Minnehaha County Housing and Redevelopment Commission, and Chairman of the Sioux Falls Property Appeals Board. In 2009, he received the Outstanding Educator of the Year award from the South Dakota Multi-Housing Association.

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