Housing Assistance Payments (HAP) Reconciliation 08/07/2025

$250.00

Recovering Outstanding Subsidy: Maximizing TRACS Accuracy and Payment Recovery

Recent data reveals that nearly 60% of Section 8, Section 202/PRAC, and Section 811 properties have uncollected subsidy funds, often amounting to hundreds of thousands of dollars per property. These outstanding payments are frequently the result of errors or omissions in TRACS submissions. Ensuring that all allocated subsidy funds have been properly received is critical to maintaining a property’s financial health.

• Thorough review of TRACS submissions through HUD’s Secure Systems to identify discrepancies and documentation errors
• Recreation of valid actions to correct each identified TRACS error
• Preparation and submission of retroactive certifications to HUD or your Contract Administrator (CA)
• Ongoing follow-up to confirm receipt of payment and resolution of each submission

Training is a two hour class and includes all materials

Dates Available:

August 7, 2025