NAHP Property Management & Resident Services 5

Question 1

What is the purpose of a 'rent roll' in affordable property management?

Accepted Answer

A comprehensive record of unit occupancy, lease terms, and rent charges for the property

Answer

A rent roll is a snapshot of all units showing tenant names, lease dates, monthly charges, and payment status, used for financial management and compliance reporting.

Question 2

Under the Violence Against Women Act (VAWA), a property manager at a federally assisted property must:

Accepted Answer

Provide VAWA protections including emergency transfers and non-discrimination for victims of domestic violence

Answer

VAWA requires federally assisted housing providers to offer emergency transfers, prohibit eviction of victims based solely on domestic violence, and provide a notice of VAWA rights.

Question 3

In affordable housing, what does 'economic vacancy loss' refer to?

Accepted Answer

Rental income lost due to units being occupied below the market rate or concessions given

Answer

Economic vacancy loss represents the difference between potential gross income and effective gross income, including concessions and below-market rents.

Question 4

A resident at an LIHTC property submits documentation for their annual recertification one month late. The correct procedure is to:

Accepted Answer

Accept the late recertification, document the delay, and complete the income certification

Answer

Annual recertifications should be completed even if late; the manager must document the tardiness and complete the certification to maintain compliance records.

Question 5

A property manager notices a pattern of noise complaints targeting a tenant who recently immigrated and speaks limited English. This could indicate:

Accepted Answer

Potential discriminatory harassment based on national origin requiring investigation

Answer

A pattern of complaints disproportionately targeting residents of a particular national origin or language group may indicate discriminatory harassment, which the manager has a duty to address.

(NAHP) National Affordable Housing Professional Practice Test

(NAHP) National Affordable Housing Professional Practice Test

NAHP Property Management & Resident Services 5