Phone: (800) 532-0809
email: info@ahacpa.org
Fax: (801) 547-5070
Affordable Housing Association of Certified Public Accountants
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March, 2010
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PHA Electronic Submission Deadline Extension
Friday, March 26, 2010 - 2:06 PM
Multifamily Electronic Submission Deadline Extended
Monday, March 22, 2010 - 10:39 AM
Today HUD announced a blanket 30 day extension for Multifamily projects with a 12/31/2009 year end. The announcement can be viewed by visiting http://www.hud.gov/offices/reac/products/prodmf.cfm

Due to HUD infrastructure performance problems, MF property owners have experienced difficulties submitting their financial statements due on March 30, 2010 (for owners with a fiscal year end of 12/31). The Office of Multifamily Housing Programs, Office of Asset Management, has authorized
FHA Electronic Submission Deadline Extension
Friday, March 19, 2010 - 8:12 PM
Audit Engagement Letter Templates
Thursday, March 11, 2010 - 10:44 AM
Updated Audit engagement letters have been posted on our templates page.  At this time we only have updated Audit Engagement Letters for Profit Motivated Entities and FHA Lender Entities.

http://www.ahacpa.org/ahacpadocs/templates/fha/lender engagement letter.doc

http://www.ahacpa.org/ahacpadocs/templates/mf/pm engagement letter.doc
FASS-PHA Performance Issues
Thursday, March 11, 2010 - 10:43 AM
http://www.hud.gov/offices/reac/products/prodpha.cfm

System performance issues have been identified with Secure Systems. Accordingly, public housing agencies (PHAs), including Section 8 only PHAs, with fiscal year ends of 6/30/2009, 9/30/2009 and 12/31/2009 that have experienced or are experiencing significant system delays during the unaudited and audited submission process will not be penalized or receive a Public Housing Assessment System (PHAS) penalty.

The revised due date for financial
FHA Recertification Changes - No News Yet
Thursday, March 11, 2010 - 10:43 AM
On Monday, March 1st, we were expecting to see a new federal register with the final rule for FHA recertifcation changes.  We have yet to see that final rule.  We will send out an email when we get any updates.  In the mean time you can visit the links listed below:

You can view the Federal Register for the NEXT DAY by going to http://www.archives.gov/federal-register/public-inspection/

You can view the Federal Register issued today by going to
Message from HUD re: Annual Electronic Filing
Thursday, March 11, 2010 - 10:42 AM
7 records total        

459 N. 300 W. #11
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