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Multifamily Housing Specialist Certification (MHS) Exam ACTUAL UPDATED QUESTIONS AND CORRECT ANSWERS

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Multifamily Housing Specialist Certification (MHS) Exam ACTUAL UPDATED QUESTIONS AND CORRECT ANSWERS Rental assistance under the project-based Section 8 program is tied to: a. The resident b. The project - CORRECT ANSWERSa. The project No new project-based Section 8 HAP contracts may be executed by HUD with the exception of contracts executed under the RAD PBRA program a. True b. False - CORRECT ANSWERSa. True CAs and PBCAs typically perform all of the following functions except: a. Processing monthly TRACS and voucher submissions b. Reviewing and following up on certain REAC inspection findings c. Updating program regulations d. Managing annual utility allowance analysis and rent increases - CORRECT ANSWERSa. Updating program regulations The owner and the management agent must be the same business entity a. True b. False - CORRECT ANSWERSb. False Which party's major responsibilities include allocating and monitoring funds? a. HUD b. The O/A c. Congress d. PBCAs and CAs - CORRECT ANSWERSa. HUD How often does HUD update the HUD Handbook 4350.3? a. Monthly b. Annually c. Biennially d. From time to time as needed - CORRECT ANSWERSd. From time to time as needed Housing notices (H-notices) are: (Select all that apply) a. Mandatory while current b. Guidance once they expire as long as a new notice has not superseded them c. Discretionary since they are not part of the CFRs - CORRECT ANSWERSa. Mandatory while current b. Guidance once they expire as long as a new notice has not superseded them All multifamily requirements apply uniformly to all properties and residents, in

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Multifamily Housing Specialist
Certification (MHS) Exam ACTUAL
UPDATED QUESTIONS AND CORRECT
ANSWERS
Rental assistance under the project-based Section 8 program is tied to:
a. The resident

b. The project - CORRECT ANSWERS✅✅a. The project


No new project-based Section 8 HAP contracts may be executed by HUD with the exception
of contracts executed under the RAD PBRA program
a. True

b. False - CORRECT ANSWERS✅✅a. True


CAs and PBCAs typically perform all of the following functions except:
a. Processing monthly TRACS and voucher submissions
b. Reviewing and following up on certain REAC inspection findings
c. Updating program regulations
d. Managing annual utility allowance analysis and rent increases - CORRECT
ANSWERS✅✅a. Updating program regulations


The owner and the management agent must be the same business entity
a. True

b. False - CORRECT ANSWERS✅✅b. False


Which party's major responsibilities include allocating and monitoring funds?
a. HUD
b. The O/A
c. Congress

d. PBCAs and CAs - CORRECT ANSWERS✅✅a. HUD

,How often does HUD update the HUD Handbook 4350.3?
a. Monthly
b. Annually
c. Biennially

d. From time to time as needed - CORRECT ANSWERS✅✅d. From time to time as needed


Housing notices (H-notices) are: (Select all that apply)
a. Mandatory while current
b. Guidance once they expire as long as a new notice has not superseded them

c. Discretionary since they are not part of the CFRs - CORRECT ANSWERS✅✅a.
Mandatory while current
b. Guidance once they expire as long as a new notice has not superseded them


All multifamily requirements apply uniformly to all properties and residents, including
properties assisted under multiple programs
a. True

b. False - CORRECT ANSWERS✅✅b. False


Which of the following is NOT true about the HUD Handbook 4350.3?
a. It contains rules governing eligibility and occupancy requirements
b. It provides HUD's interpretations of mandatory rules and regulations, and advisory
guidance
c. It only applies to a few programs under the multifamily umbrella

d. It is organized by program function - CORRECT ANSWERS✅✅c. It only applies to a
few programs under the multifamily umbrella


The Code of Federal Regulations Parts 88-, 881, 883, and 884 are all relevant to multifamily
housing programs
a. True

b. False - CORRECT ANSWERS✅✅a. True

,When converting public housing units to Section 8 HAP contracts under RAD, the PHA may
select to convert units to:
a. Low-income housing tax credits
b. Project-based rental assistance (PBRA) only
c. Project-based vouchers (PBVs)
d. Either project-based vouchers (PBVs) or project-based rental assistance (PBRA) -
CORRECT ANSWERS✅✅d. Either project-based vouchers (PBVs) or project-based rental
assistance (PBRA)


What office within HUD oversees the project-based Section 8 (PBRA) program?
a. Multifamily
b. Public and Indian Housing (PIH)
c. Community Planning and Development (CPD)

d. Office of Inspector General - CORRECT ANSWERS✅✅a. Multifamily


There are no differences between the requirements for running a standard PBRA project vs. a
RAD PBRA project
a. True

b. False - CORRECT ANSWERS✅✅b. False


HUD launched RAD to assess the effectiveness of converting public housing, moderate
rehabilitation properties and units under rent supplement and rental assistance payments
programs to long-term project-based Section 8
a. True

b. False - CORRECT ANSWERS✅✅a. True


Which of the following are true with regards to RAD PBRA? (Select all that apply)
a. Rental assistance is provided to PHAs through HAP contracts
b. The initial terms of contracts are 20 years with mandatory renewals

c. Projects are treated as Pre-1981 Act projects - CORRECT ANSWERS✅✅a. Rental
assistance is provided to PHAs through HAP contracts
b. The initial terms of contracts are 20 years with mandatory renewals

, c. Projects are treated as Pre-1981 Act projects


When must HUD approve a project's Tenant Selection Plan (TSP)?
a. When the owner adopts any waiting list preferences
b. When the owner adopts any discretionary preferences
c. When the owner adopts a residency or homeless preference

d. HUD never needs to approve a project's TSP - CORRECT ANSWERS✅✅c. When the
owner adopts a residency or homeless preference


The O/A must get approval from the local HUD field office for any non-regulatory
preferences
a. True

b. False - CORRECT ANSWERS✅✅a. True


For placement on the waiting list, it is not necessary for the owner to verify preferences
claimed by the applicant family
a. True

b. False - CORRECT ANSWERS✅✅b. False


Which of the following is not true regarding owner-adopted preferences
a. Owners are required to adopt preferences
b. Preferences must comply with applicable fair housing and civil rights laws
c. Preferences can't supersede any program-specific preferences
d. They are subordinate to income targeting and statutory preferences - CORRECT
ANSWERS✅✅a. Owners are required to adopt preferences


What happens if the family no longer qualifies for the preference? (Select all that apply)
a. The preference must not be given
b. The family is placed back on the waiting list with the original date and time of application
c. The family is removed from the waiting list and must reapply - CORRECT
ANSWERS✅✅a. The preference must not be given
b. The family is placed back on the waiting list with the original date and time of application
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