How does conversion relate to “Asset Management”? Will it change how PHAs manage their properties?

For the past five years, PHAs have been transitioning to asset management, with a focus on project-based budgeting, accounting, management, etc. Any property that converts under PETRA will complete the transition to “asset management” by virtue of the fact that the owner of the property will enter into a property-based contract. In other words, not only will the owner budget and manage and operate and account for the property on an asset basis, but it will receive subsidy funding on an asset basis. This environment is better for the owner, because the subsidy will no longer be based on formula, and it is also better for HUD, because HUD will no longer have to create regulatory controls on specific cost centers.

PHAs will have the ability and the responsibility to manage their converted properties as local conditions demand. More.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.