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Making your dollars go the distance

Institute of Housing Management – Certificate Program
Philip A. Eram
1/2 credit IHM elective

As property managers, we are expected to be jacks of all trades who can somehow make the funding available to us deliver the best outcome for our housing communities. Finding the right balance between needs and wants, and ensuring that operational demands are met and that residents are satisfied is a talent and skill that property managers, particularly in the non-profit housing sector, must develop.

During this course, we will explore effective methods and simplified systems to make our housing dollars go further. We will review the concept of budgeting, what is really important in the financial statements and how we can keep track to ensure we don’t lose track. Participants will:

  • review the basics of budgeting — what’s really important in the financial statements
  • learn how to monitor and keep spending on track with the budget
  • better understand financial information through a simplified process to help property managers remain focused
  • use financial data to effectively say no and prioritize spending needs versus wants.

Course schedule

This course begins on Monday, continues Tuesday and wraps up Wednesday morning. When you register for this course you will be registered for all sessions.

Monday, June 4: 9:00 a.m. – 12:00 p.m. & 1:30 p.m. – 4:30 p.m.
Tuesday, June 5: 9:00 a.m. – 12:00 p.m. & 1:30 p.m. – 4:30 p.m.
Wednesday, June 6: 9:00 a.m. – 10:30 a.m.

Registration and course details

Fees: Course fees are included in your CMC registration. An additional $100 fee is required to cover the cost of course materials and instruction. You will be invoiced for the additional fee once you have registered for the course.

Discount: If you are registering two or more participants from your organization, the second and subsequent participants are half price.

Deadline and course maximum: Registration deadline is April 30. There is a maximum of 24 participants, first come, first served. A minimum of 20 registrations must be reached by April 30 for the course to be offered.

Course materials: In May you will receive the course materials and prework instructions. It is important to provide a civic mailing address for courier delivery of course materials, so you can complete the prework before the course.

Course location: This course will be presented at the Hotel Grand Pacific, and we recommend that you reserve your accommodation there.