To ensure that HUD subsidy payments are never interrupted, it is vital to stay in proper compliance with TRACS. To begin with, improper submission of Housing Assistance Payments (HAP), it is often a costly and time-consuming process to correct. Generally, the best way to maintain proper HUD TRACS compliance is to stay on top of monthly submissions and keep everything in-compliance at all times. Our team of experts will make sure you are always up to date with TRACS submissions.
Our team of HAP/TRACS experts assists in all stages of electronic HUD Housing Assistance Payments (HAP) Voucher processing. Each month, we will:
Above all, Owners/Agents of HUD Housing need the confidence to know they’ll receive subsidy payments each month. Most importantly, we ensure timely submission of vouchers every time.
Each month we review your HUD special claims for unpaid rent, tenant damage, and vacancy claims (HUD forms 52670 and 52671). To begin with, we ensure your Contract Administrator receives your HAP Voucher correctly and on-time. Secondly, we correct any outstanding TRACS Voucher MAT errors and ensure every property maintains the proper compliance rating. Next, we reconcile the TRACS submission and make sure everything is balanced. With these careful steps, we will remove the stress and uncertainty of HAP Processing.