Date:  Thursday, March 25 — Friday, March 26, 2010
Time:  9:00am
Location:  NeighborWorks Homeowneship Center (674 Main Street, Worcester, MA 01610)

The Mel King Institute for Community Building is sponsoring a two-day training on the Nuts and Bolts of Asset Management. This training is part of a six-course series that will award successful participants with a Certified Housing Asset Manager (CHAM®) Diploma from the Consortium for Housing and Asset Management.

The Nuts and Bolts of Asset Management is an interactive training session that focuses on hands-on opportunities to explore the full range of an asset manager’s roles and responsibilities, which shift in each stage of a project’s life cycle.

The two-day training will include:

• Discussion of the relationship between the various life stages of an affordable property — development, lease up, management and exit strategy, and how an owner’s actions in every stage can impact other stages
• Tools and techniques to understand financial reports and audits, vacancy rates, debt coverage ratios and trend analysis
• Investigation of best practices of nonprofits in developing internal and external reporting systems
• Use of performance measurements and performance standards to plan for property success and  strengthen property management oversight (both in-house and contracted)
• Completion of a group exercise of a property “workout”

This training session will be led by Jack Geary, who has over 25 years of housing management experience, as a property and asset manager, administrator, consultant and trainer.

For more information, please email MelKingInstitute@macdc.org

MACDC Member Registration

Non-Member Registration

Registration fees include two full days of training, including lunch and refreshments.