Multifamily properties face growing cash flow challenges, threatening financial stability and debt coverage. This session explores practical strategies to address declining revenue driven by delinquencies, vacancies, turnover costs, and rising expenses. Focused on project-based Section 8 properties, participants will learn tools to strengthen rental collections, implement effective rent adjustments, and optimize revenue beyond standard OCAF increases. We will examine approaches for RAD-converted properties, including improving RAP collections and converting delinquencies into recoverable income. The session also highlights using alternative operating cost factors and special claims to recover losses, reduce vacancy impacts, and support long-term financial sustainability across multifamily housing portfolios.
Presenters:
Sharhonda Greer
Chief of Housing Administration and Operations, CMHA
Greg Wickland
Executive Vice-President and Senior Consultant, Du & Associates
Kathi McCormick
Senior Asset Manager and Compliance Specialist, Du & Associates