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201302388
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8/19/2014 2:22:39 PM
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3/27/2013 3:23:15 PM
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DEEDS
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201302388
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Compliance <br />Failure to comply with the requirements will result in a loss of the full IPF until such time as the <br />owner is in compliance. <br />Approval Process <br />Prior to Closing the Green Restructure. If the training is completed prior to closing, and is from an <br />accepted provider (see the attachment for the initial list and OAHP' s website for the current list), the <br />PAE or OAHP Debt Restructuring Specialist (DRS) can approve the submitted documentation for <br />the employee. If the training provider is not on the accepted list, then OAHP's Green Team will <br />review information on the provider, and approve it if appropriate. Owners may wish to have <br />OAHP' s approval before completing the training. Once approved, OAHP' s accepted list will be <br />amended to include the "new" provider. When the requisite hours are completed, the owner would <br />present documentation to OAHP showing completion of those approved courses. <br />Within Six Months after Closing the Green Restructure. Owners who need to complete some or all <br />of the training requirement post- closing should follow the same process through the Rehabilitation <br />Escrow Administration Team (REAT) specialist assigned to the property, who can approve it for <br />providers on the "accepted list" and who will seek Green Team approval for new providers. Once <br />approved, the REAT specialist will notify the HUD project manager and OAHP's Post - Closing <br />Portfolio Manager that the requirement has been fulfilled. <br />Note to Accountants <br />Until the compliance portion of the HUD audit can be revised to include this item, owner's <br />accountants will need to discuss fulfillment (initial and ongoing) of this requirement in a note to the <br />financial statement. <br />Questions should be directed to OAHP's Resource Desk. <br />Attachment: Initial Accepted Green Property Management Training Providers <br />Version 4, November 2010 <br />I)/2M.UseAgrrtRavised for Green initiative (October 2011) <br />D -8 <br />201302388 <br />FRENCH VLI AGE <br />
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