Certified Housing Manager Assistant Exam study materials
Certified Housing Manager Assistant Exam study resources

Certified Housing Manager Assistant Exam study plan

Certified Housing Manager Assistant Exam · Give each week a clear focus.

8 weeks · About 7 hours per week

Week 1

HUD Compliance

  • Define HUD program categories (public housing, Section 8 HCV, PBRA) and state which rules govern each

  • Identify the income types counted and excluded when calculating annual and adjusted income

  • Explain how the 30 percent of adjusted income rent formula is applied to a sample household

  • List the required elements of a lease and tenancy addendum under HUD rules

Your checkpoint

A one-page income-and-rent worksheet completed for three hypothetical households, showing annual income, adjusted income, TTP, and total tenant payment, with each calculation step labeled

Week 2

HUD Compliance

  • Describe the annual and interim recertification triggers and the timelines HUD requires

  • Apply the 10-day notice requirements and the reasonable-accommodation process to two written scenarios

  • Outline the steps of a HUD-compliant informal hearing for a proposed termination

  • Distinguish HUD's utility allowance methods and choose the correct one for a scenario

Your checkpoint

A recertification and termination timeline flowchart covering notice dates, hearing rights, and documentation retention, verified against at least three HUD handbook citations you can name

Week 3

HUD Compliance & Tax Credits

  • Complete 40 practice questions on HUD compliance and log every missed concept

  • Define the four tax credit tests (income, gross rent, availability, and the 140 percent next-available-unit rule)

  • Explain how applicable fraction and qualified basis drive the annual credit amount

  • Compare the 4 percent and 9 percent credit types and their acquisition/rehab components

Your checkpoint

A flashcard set of 30 HUD and tax-credit terms with your own definitions plus a scored practice-question log showing baseline accuracy per domain

Week 4

Tax Credits

  • Compute maximum allowable income for a household at 50 and 60 percent AMI using a published income limit table

  • Calculate maximum gross rent including the utility allowance for three unit sizes

  • Identify the compliance periods, the 15-year compliance and 15-year extended-use phases, and what happens at each year-end

  • Describe the recordkeeping requirements for tenant income and rent under Section 42

Your checkpoint

A tax-credit rent and income calculation sheet completed for six unit scenarios, with the AMI source cited for each

Week 5

Tax Credits

  • Apply the available-unit rule and the next-available-unit rule to two vacancy scenarios

  • Explain noncompliance consequences including recapture, and how a correction period works

  • Outline the requirements for the annual owner certification and the tenant income certification

  • Differentiate student household restrictions and the exceptions that apply

Your checkpoint

A written compliance memo of at least 400 words analyzing a vacancy and student-eligibility scenario, citing the specific rule that controls each conclusion

Week 6

Property Management

  • Build a monthly operating budget for a 50-unit property covering income, expenses, and reserves

  • Calculate occupancy rate, delinquency rate, and net operating income from a sample rent roll

  • Draft a work-order prioritization policy covering emergency, urgent, and routine requests

  • Describe fair housing obligations that apply to screening, advertising, and reasonable modifications

Your checkpoint

A property operating pro forma with a calculated NOI, occupancy percentage, and delinquency percentage, plus a one-page fair housing screening checklist

Week 7

Property Management & On-Demand Training and Employment Testing

  • Write a 10-question employment test for a leasing role that maps each item to a job task

  • Explain the difference between a valid employment test and one that creates disparate impact risk

  • Design a 30-minute on-demand training module outline with learning objectives and an assessment

  • Draft a maintenance and safety inspection schedule with owner and resident responsibilities

Your checkpoint

A complete training and testing package for one role: objectives, module outline, 10-item test with answer key, and a scoring rubric

Week 8

HUD Compliance & Tax Credits & Property Management & On-Demand Training and Employment Testing

  • Take two full-length timed practice exams and record scores by domain

  • Re-review every missed item from weeks 1 through 7 and rewrite the underlying rule in your own words

  • Recite the key formulas for income, rent, applicable fraction, qualified basis, and NOI without notes

  • Confirm exam-day logistics and assemble your final one-page formula and rule sheet

Your checkpoint

A final review packet containing two scored practice exams with domain breakdowns, a corrected error log, and a one-page formula sheet you can reproduce from memory

Milestones

Week 2: Score at least 75 percent on a 40-question HUD compliance set and correctly complete three income and rent calculations without notes

Week 4: Score at least 75 percent on a 40-question tax credit set and correctly compute maximum rent and income for four of six scenarios

Week 6: Produce a property budget with a defensible NOI and score at least 75 percent on a mixed property management set

Week 7: Deliver a complete training and employment testing package that another person can run without your explanation

Week 8: Average at least 80 percent across two full-length timed practice exams with no domain below 70 percent