Budgeting 101 for Affordable Housing
About the Session
This education course qualifies for 1.5 hours of Continuing Education Units for NAHP, NAHP-e, NAHMS, NAHMT, CPO, BCD certifications and renewals.
Budgeting 101 for Affordable Multifamily Housing introduces property managers to key financial concepts needed to run affordable housing communities effectively. The course explains how income-generating properties earn revenue, incur expenses, and assess financial performance through effective gross income, net operating income, debt service, cash flow, and reserves. Participants learn how to differentiate gross potential rent from actual collections, evaluate vacancy and collection losses, categorize miscellaneous income, and understand common operating expense categories such as payroll, utilities, maintenance, insurance, taxes, legal costs, and management fees. The course also covers the purpose and structure of operating, annual, monthly, quarterly, capital, and long-range budgets. It emphasizes using budgets as practical management tools to project income and expenses, control spending, reduce variances, handle unexpected costs, and maximize NOI while supporting the owner’s financial goals and ensuring the property’s long-term stability.
Presenter
A. J. Johnson
A. J. Johnson Consulting Services, Inc.
A.J. Johnson is a nationally recognized leader in affordable housing. A.J. Johnson is president of A.J. Johnson Consulting Services, Inc. and has over 40 years in the affordable housing industry. Johnson has developed over 70 multifamily housing complexes using federal, state and conventional financing, of which more than 40 used the LIHTC. A.J. Johnson Consulting Services has performed asset management reviews on more than 6,000 properties containing approximately 660,000 units since January 1995.
Agenda
9:15 a.m. Sign On
9:30 – 11 a.m. Virtual Session, Including Q&A
Registration
Fees and reasonable expenses for the course are an approved project expense. Cancellation Policy: Registration fees will be refunded less a $50 processing charge ifreceived in writing ten (10) business days prior to the seminar. Substitutions, but no refunds, can be made after that date.
Annual Award Nominations Due
Nominations for the 2026 Annual PennDel AHMA Awards are due Aug. 24.
Tax Credit Continuing Education Virtual Seminar
This seminar qualifies for 6 hours of Continuing Education Credits, for those people with the Specialist in Housing Credit Management (SHCM), designation who are in need of Continuing Education Credits
Fall Management Conference & Expo 2026
The 2026 PennDel AHMA Fall Management Conference & Expo heads to Wind Creek Bethlehem Sept. 29–30 with the theme Lead Forward: Become the Change. Drive the Impact. Join affordable housing professionals from across Pennsylvania and Delaware for two days of education, networking, leadership development, and industry innovation.
Preventing Credit Loss: The Seven Deadly Sins of LIHTC Compliance
About This Session
This education course qualifies for 1.5 hours of Continuing Education Units for CPO, NAHP, NAHP-e certifications and renewals.
This course explores common compliance failures that can threaten Low-Income Housing Tax Credits and cause credit loss, recapture, or negative IRS reporting. Participants will understand how tax credits are lost, the significance of the “compliance trilogy”—proper rents, property habitability, and qualified residents—and the seven key risk areas often leading to LIHTC noncompliance. Topics include rent and fee errors, utility allowance requirements, income determination, household composition, misapplication of the student rule, habitability standards, unit transfers, missed program deadlines, and errors that reduce eligible basis. The course also covers practical documentation expectations, correction timeframes, and typical physical inspection deficiencies. Emphasis is on spotting issues before state agency reviews, applying IRS and HUD guidance correctly, and maintaining site-level practices that safeguard the owner’s credits throughout the compliance period. This training is intended for LIHTC owners, managers, compliance staff, and asset management professionals.
Presenter
A. J. Johnson
A. J. Johnson Consulting Services, Inc.
A.J. Johnson is a nationally recognized leader in affordable housing. A.J. Johnson is president of A.J. Johnson Consulting Services, Inc. and has over 40 years in the affordable housing industry. Johnson has developed over 70 multifamily housing complexes using federal, state and conventional financing, of which more than 40 used the LIHTC. A.J. Johnson Consulting Services has performed asset management reviews on more than 6,000 properties containing approximately 660,000 units since January 1995.
Agenda
9:15 a.m. Sign On
9:30 – 11 a.m. Virtual Session, Including Q&A
Registration
Fees and reasonable expenses for the course are an approved project expense. Cancellation Policy: Registration fees will be refunded less a $50 processing charge ifreceived in writing ten (10) business days prior to the seminar. Substitutions, but no refunds, can be made after that date.
The Student Rules: Keeping Them Straight Virtual Session
This webinar clearly breaks down the student requirements for Section 8, LIHTC, Bond, Rural Development, HOME, RAD, and other programs, with a strong focus on what changed, what did not, and where owners continue to get tripped up. Real-world “Student Rule Challenges” will be presented and solved throughout the course.
Lunch & Business Meeting
This presentation outlines how management and maintenance staff should respond if ICE conducts a raid or requests access to tenant information or units. The presentation will also address the recent uncertainty surrounding HUD’s new rule on notice requirements in failure‑to‑pay‑rent cases and will conclude with a high-level overview of current landlord‑tenant issues affecting property management operations.
MOR Ready: Sharpen Your Leasing & Occupancy Compliance Before the Review Virtual Session
Whether you're chasing a better score or aiming to maintain a strong track record, this session will give you the clarity, tools, and confidence to walk into your MOR prepared—and walk out with the rating you deserve!
Virtual Tax Credit Continuing Education Seminar
This seminar qualifies for 6 hours of Continuing Education Credits, for those people with the Specialist in Housing Credit Management (SHCM), designation who are in need of Continuing Education Credits.
Fair Housing Compliance Virtual Course
The Fair Housing Compliance (FHC) course is a comprehensive program offered by the National Affordable Housing Management Association (NAHMA) for property management staff. NAHMA’s Fair Housing Compliance course provides managers with the information and understanding needed to comply with complex fair housing regulations.
Dealing with Income & Assets in Affordable Housing Virtual Session
This two-hour course offers focused instruction on the necessary methods for calculating and verifying income, as well as for determining the value of assets and the income those assets generate.
Lunch & Business Meeting
Join us for a lunch and business meeting. We will hold our annual toy drive. PHFA’s Holly Zugay will also present Money Talks — How to Talk to Your Residents About Money. NAHMA credit hours are available.
Certified Professional of Occupancy 1-Day
The Certified Professional of Occupancy (CPO) 1 day course is a condensed version of the NAHMA CPO full 3 day course. Designed for the busy property manager in mind.
November & December Online On-Demand Courses
View PennDel AHMA’s November and December Online, On-Demand Courses.
2025 Fall Management Conference & Expo
Join PennDel AHMA Oct. 15-16 for the 2025 Fall Management Conference & Expo at Wind Creek Bethlehem Casino & Resort. Two days of education and networking with the best of the best.
VAWA Compliance Virtual Session
Join this interactive webinar to learn exactly what protections and options must be offered to VAWA survivors during application, housing assistance, and beyond. We’ll guide you through the must-have updates to your policies, interviews, screening, recertifications, and termination processes to ensure you’re fully compliant and ready to support your residents.
Tax Credit Continuing Education Virtual Seminar
Specialist in Housing Credit Management (SHCM™) certification has been developed by the National Affordable Housing Management Association (NAHMA) especially for management professionals involved with properties developed and operated under the Low Income Housing Tax Credit (Sec. 42) program. This seminar qualifies for 6 hours of Continuing Education Credits, for those people with the Specialist in Housing Credit Management (SHCM™), designation who are in need of Continuing Education Credits.
PennDel AHMA Award Nominations Due
Nominations for the 2025 PennDel AHMA awards honoring the best of the best are due Sept. 15. Nomination forms available online now.
September & October Online On-Demand Courses
View PennDel AHMA’s September and October Online, On-Demand Courses.
Evolving Eviction Rules Webinar
This course explores how to manage non-payment of rent in properties covered by the CARES Act and HUD’s new 30-day notice rule—both now shaped by the current Administration’s Deregulation Mandate.
July & August Online On-Demand Courses
View PennDel AHMA’s July and August Online, On-Demand Courses.
Completing and Submitting a Better Multifamily Property Budget Without All the Frustration Webinar
Join PennDel AHMA and Heather Wezensky for this webinar on June 26. Whether you are submitting an annual property budget to an owner for approval, or to HUD or a Contract Administrator during the rent increase process, we have tips and tricks that we will lessen the frustration in preparing your budget.
Compliance Challenge Virtual Course
This session will test how much you really know the student rule, income capping exceptions, asset cash valuation methodologies, and verification requirements. We will test your understanding of the timing of interim recertifications and when advance notice of a rent increase is warranted and when it is not.
May & June Online On-Demand Courses
View PennDel AHMA’s March and April Online, On-Demand Courses.
Lunch & Business Meeting: Domestic Violence, Social Services and the Latest on VAWA
Save the date for the April 11 Lunch & Business Meeting. Representatives from The Michaels Organization and Better Tomorrows will lead a discussion on Domestic Violence, Social Services and the Latest on VAWA.
Communicating with Residents Regarding HOTMA Virtual Sessio
Join us for a productive session that will ensure your message is clear and helpful versus vague and confusing to those reading it.
Tax Credit Training & SHCM™ Exam
The Specialist in Housing Credit Management® certification has been developed by the National Affordable Housing Management Association especially for management professionals involved with properties developed and operated under the Low Income Housing Tax Credit program.
March & April Online On-Demand Courses
View PennDel AHMA’s March and April Online, On-Demand Courses.
Tax Credit Continuing Education Virtual Seminar
Specialist in Housing Credit Management (SHCM™) certification has been developed by the National Affordable Housing Management Association (NAHMA) especially for management professionals involved with properties developed and operated under the Low Income Housing Tax Credit (Sec. 42) program. This seminar qualifies for 6 hours of Continuing Education Credits, for those people with the Specialist in Housing Credit Management (SHCM™), designation who are in need of Continuing Education Credits.
Fair Housing Compliance™ Virtual Course
The Fair Housing Compliance (FHC™) course is a comprehensive program offered by the National Affordable Housing Management Association (NAHMA) for property management staff. NAHMA’s Fair Housing Compliance course provides managers with the information and understanding needed to comply with complex fair housing regulations.
HOTMA Implementation & Recent Changes Virtual Session
This webinar will provide an overview of HUD policies regarding HOTMA, including the most recent key programmatic changes. We will go over applicability and summary changes from the proposed rule to the final rule, the process of establishing implementation guidelines, and review the location of HUD trainings and resources.
January & February Online On-Demand Courses
View PennDel AHMA’s January and February Online, On-Demand Courses.
Lunch & Business Meeting
Save the date for our annual holiday luncheon, business meeting and toy drive.
Time Management and Accountability Virtual Session
How can we manage our time and “get stuff done” with so many things beyond our control? Supervisor and agency-imposed deadlines, the ever-changing HOTMA roll-out, and applicants, residents, coworkers, and our own family members interrupting us morning, noon and night? There is hope! Learn from the trainer and from each other how to get your work (and life) in order.
November & December Online On-Demand Courses
View PennDel AHMA’s November and December Online, On-Demand Courses.