Series: Affordable Master
Affordable Master Series: Utility Allowance Utilization as a Rent Maximizer
The IRS allows owners to utilize several different utility allowance models. But what does that mean?
Do you know which ones you are allowed to use and whether they can give your bottom line a boost? How about what are considered utilities in the calculations?
We’re here to help you get all the information you need to utilize the utility allowance calculations available to you, helping maximize rent at each of your properties.
Join Greg Proctor, Vice President, RealPage® Compliance Services, and Sarah Upchurch, Vice President, Industry Principal Affordable/Senior, for a 30-minute Master Series webcast that will explain:
- The five utility allowance calculations available to LIHTC properties
- Restrictions on using each utility allowance calculation
- The financial impact of changing calculations
- The process of changing the utility allowance
Greg is a 30-year veteran of the multifamily housing industry. Owners, managers, housing authorities, housing finance agencies as well as banks and financial institutions have asked Greg to assist them in keeping their portfolios in compliance with federal regulations. His training expertise includes Fair Housing, the Americans with Disabilities Act, Section 42 of the Internal Revenue Code, and Section 504 of the Rehabilitation Act of 1973.
Sarah UpchurchVP, Industry Principal, RealPage, Inc.
Sarah is RealPage’s Industry Principal for the Affordable and Senior Markets with extensive knowledge and expertise in compliance issues. As the founder of Property Management Software Services, Sarah offered consulting and training services to the multifamily industry in the areas of technology, accounting, property management and affordable compliance for more than 15 years.