This training will provide participants with best practice recommendations for monthly TRACS processing, which will include identifying and resolving TRACS errors and managing subsidy receivables. Throughout the training we will discuss how to read and understand a Housing Assistance Payment (HAP) ledger. Additionally, we will review how to read and interpret a Subsidy Payment Voucher (form HUD-52670) and corresponding Project Based Contract Administrator reports (including the HUD/CA Approved detail on a Subsidy Payment Voucher and the TRACS Transmission Report). Next we will provide an overview of how to use and understand the MAT User’s Guide when attempting to troubleshoot TRACS errors. The course will provide its participants with hands on experience reviewing and resolving a handful of common TRACS errors and solutions, including resubmissions, corrections to certifications, and baseline certifications. Finally, we will conclude the training by providing a couple of examples of how to use the tools available to work with either a PBCA and/or HUD to research outstanding subsidy receivable balances and collect payment.
