Financial Analysis Essentials for Housing Counselors

Instructor: Sue Ortiz

HUD-certified housing counseling agencies are required to maintain accurate and comprehensive action plans that include a required financial analysis. One of the top reasons agencies fail HUD audits is due to deficiencies in these areas. Even if your agency is not HUD certified this webinar will help you work with customers using best practices in housing counseling! This webinar will equip housing counselors with the knowledge and tools necessary to complete a financial analysis for their customers on action plans. Participants will learn how to assess a financial situation, identify conversation topics for future sessions, and develop action plans that give customers the information they need to work towards financial stability. Through real-world scenarios, counselors will gain hands-on experience in evaluating and communication financial information as a part of creating effective plans of action.

Learning Objectives:

By the end of this webinar, participants will be able to:

Enhance documentation practices to ensure agency compliance with HUD regulations.

Understand HUD's requirements for financial analysis and action plans in housing counseling.

Identify key components of a comprehensive financial analysis, including income, expenses, debt, and credit review.

Recognize common mistakes that lead to failed HUD audits and learn strategies to prevent them.

Apply financial analysis skills to real-world scenarios to help develop compliant action plans.