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When operating costs rise, a Budget-Based Rent Adjustment (BBRA) can help HUD Multifamily properties stay financially sustainable—if you know how to do it right. This training demystifies the BBRA process for PRACs (202/811) and Project-Based Section 8 properties, from regulatory guidance to assembling a complete and approvable submission. You'll learn what to include, how to justify increases, and how to avoid common errors that delay or reduce your rent adjustment. With HUD Notices, Handbook 4350.1, and real-world examples as your guide, we’ll walk step-by-step through the documentation, tenant notifications, utility analysis, and reserve requirements that must be in place. If you’ve struggled with confusing forms, unclear expectations, or rejected submissions, this session gives you the tools and confidence to get it done right.
Why You Should Attend:
Submitting a BBRA isn’t just a formality—it’s how your property keeps up with real-world expenses. But HUD requirements are complex, deadlines are tight, and mistakes can delay funding or result in lower-than-needed rent levels. This training provides a clear, structured guide to everything you need to submit a successful BBRA for PRAC or Section 8 properties. If you're tired of guesswork, rejection letters, or underfunded budgets—this session is your roadmap to doing it right.
By the end of this training, participants will be able to:
Who Will Benefit:
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