Section 502 Packaging Training
for Nonprofit Housing Developers

Follow the discussion online at #rural502

Monday, September 24, 2018 - Wednesday, September 26, 2018

Agenda

  • Monday, September 24, 2018
  •  
    8:30 AM  -  9:30 AM
    Welcome and Introductions
    9:30 AM  -  10:00 AM
    502 Overview and Packager Certification
    10:00 AM  -  10:15 AM
    Morning Break
    10:15 AM  -  10:45 AM
    Pre-Qualification and Intake
    10:45 AM  -  11:30 AM
    Annual Income
    11:30 AM  -  1:00 PM
    Lunch (on your own)
    Lunch is own your own.
    1:00 PM  -  1:30 PM
    Income Calculation Exercise
    Group Exercise
    1:30 PM  -  2:00 PM
    Adjusted Income
    2:00 PM  -  2:15 PM
    Adjusted Income Exercise
    Group Exercise
    2:15 PM  -  2:30 PM
    Afternoon Break
    2:30 PM  -  3:00 PM
    Repayment Income - Introduce 4-A Income Calculator/Payment Assistance
    3:00 PM  -  3:30 PM
    Repayment Income Exercise - Group
    3:30 PM  -  4:00 PM
    Daily Q&A
  • Tuesday, September 25, 2018
  •  
    8:30 AM  -  8:45 AM
    Day 1 Review
    8:45 AM  -  9:00 AM
    Assets
    9:00 AM  -  9:45 AM
    Credit
    9:45 AM  -  10:00 AM
    Morning Break
    10:15 AM  -  11:00 AM
    Credit Exercise
    Group Exercise
    10:30 AM  -  10:45 AM
    Verifications and Other Requirements
    10:45 AM  -  11:15 AM
    Repayment Ability
    11:30 AM  -  1:00 PM
    Lunch
    Lunch is own your own.
    1:00 PM  -  2:00 PM
    Repayment and Payment Assistance Calculator
    Group Exercise
    2:00 PM  -  2:30 PM
    Application Submission
    2:30 PM  -  2:45 PM
    Afternoon Break
    2:45 PM  -  3:30 PM
    Loan Packaging Exercise
    Group Exercise
    3:30 PM  -  4:00 PM
    Daily Q&A
  • Wednesday, September 26, 2018
  •  
    8:30 AM  -  9:00 AM
    Day 2 Review
    Review and Questions
    9:00 AM  -  9:15 AM
    Subsidy Recapture
    9:15 AM  -  9:45 AM
    Property Requirements
    9:30 AM  -  10:15 AM
    Loan Packaging - Stage 2
    Insert Description
    9:45 AM  -  10:00 AM
    Morning Break
    10:00 AM  -  10:45 AM
    Packaging Exercise - Property
    Group Exercise
    10:30 AM  -  10:45 AM
    Property Submission and RD Processing
    10:45 AM  -  11:15 AM
    Final Approval Process for Applications
    11:15 AM  -  11:30 AM
    Additional Considerations and Requirements
    11:30 AM  -  1:00 PM
    Lunch
    Lunch is on your own.
    1:00 PM  -  1:15 PM
    Resources and HB 3550 Searches
    1:45 PM  -  2:30 PM
    Practice Test
    2:30 PM  -  2:45 PM
    Afternoon Break
    2:45 PM  -  3:15 PM
    Review Practice Test
    3:15 PM  -  3:45 PM
    Online Test and Next Steps
    3:45 PM  -  4:00 PM
    Evaluation and Adjourn
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