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We are also able to track tenancy on a daily and weekly basis, which causes much better management decisions and assurance for our customers. Waterfall Management has managed Job Based Section 8 properties because 1974 and presently manages 12 homes that have undergone HUD Conservation and 50 homes with Project Based Area 8 agreements.
Cascade Management is the industry leader in HUD job management and manages the largest portfolio of homes under the umbrella of the Portland HUD Workplace. We understand there are many subtleties with managing HUD programs, which is why Cascade Management has a devoted employee assigned to dealing with HUD and tracking all regulatory modifications.
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This not just affects existing homeowners, however also positions a large time demand on website personnel. Our Compliance Group takes fantastic pride in dealing with site staff and supporting them through this process. To this end, a lot of our recent HUD lease-ups have occurred within one day to no greater than one month.
Finally, Waterfall Management is extremely well versed at the same times necessary for acquiring HUD approval for a management agent shift. Affordable Housing Trends manages 26 residential or commercial properties which contain USDA Rural Advancement financing, the majority of with Rental Assistance. Budget development and full program compliance with Rural Development's tough policies are essential in handling RD-515 multifamily housing and related programs.
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Working with citizens to adhere to present regulations needs experience and capability. Cascade Management utilizes a compliance expert who is charged with Rural Development program compliance. Cascade Management further has established a policy and procedure manual specifically for the Rural Advancement program to help website staff and assure consistent compliance.