HCD Consolidated Schedule of Rental Income (SRI) Workshop
"This workshop focuses on the new Consolidated SRI Form, highlighting its features and benefits. Learn about common sponsor errors, helpful hints, and feedback sessions. Discover the key elements of the form and how it can streamline rental project compliance for various HCD funding programs. Live demonstrations of consolidated SRI samples provide practical insights. Get valuable information and technical assistance from program occupancy compliance experts."
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Presentation Transcript
HCD Consolidated Schedule of Rental Income (SRI) Workshop
Overview of Presentation Consolidated SRI Form Highlights of the new form Consolidated SRI samples Common sponsor user errors Helpful hints SRI Feedback, Questions and Answers
Highlights of the Consolidated SRI Form Combines five previously used forms into one consolidated form Can be used for 18 of HCD s 21 funding programs CALDAP, CHRP, DDS, DPRLP, FHDP, FMTW, FWHG, GHI, HLCP, HOME CHDO, HYMHP, MHP, RHCP-B, SERA, SHMHP, SURHP, TOD and VHHP Auto-populates Program rent and income limits Produces unit mix pivot table to show compliance with RAs Hides or unhides data fields based on # of Regulatory Agreements and types of HCD funding Bright yellow shading used to indicate possible compliance issues
Consolidated SRI Samples Live Demonstrations
Common Sponsor User Errors Not using Copy and "Paste Values" when copying data into the consolidated SRI. "Copy and Paste" corrupts the form by bringing in different formats. Tab 1 - not entering the number of Regulatory Agreements in the project - cell G5. Tab 1 - not checking box(es) in section B identifying HCD funding in the project. Tab 2 - entering or copying data into cells that does not conform to cell drop down list selections.
Helpful Hints Always download the most recent version of the form from HCD s website at http://www.hcd.ca.gov/grants-funding/already- have-funding/all-rental-projects.shtml. Utility Allowances should only be applied if tenants pay utilities Managers Unit: Report on Non-assisted (Tab 3) if not assisted or income-restricted Even if the unit is rent-free, the gross potential rent must be listed Tab 2 - hide blank (unused) yellow shaded rows by clicking down arrow in cell A6 and unchecking (Blanks) box.
For additional information or technical assistance, please contact: Your Assigned Program Occupancy Compliance Representative
