Multifamily Documents

Letters & Reports

Document Name Updated
Agreed-upon Procedures Engagement Letter
Profit Motivated Letter | Non-Profit Letter
02/2016
Agreed-upon Procedures Report
Profit Motivated Letter | Non-Profit Letter
02/2016
Audit Engagement Letter
Profit Motivated Letter | Non-Profit Letter
02/2016
Independent Auditor Report
Profit Motivated Report | Non-Profit Report
02/2016

Financial Statement Preparation Engagement Letter

02/2016

Yellowbook | GAS Report on Internal Control & Compliance

Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards

Profit Motivated Report | Non-Profit Report
Profit Motivated Clean Report

02/2016
Major Program Report – Non-Profit

Report on Compliance for Each Major Federal Program and Report on Internal Control over Compliance Required by the Uniform Guidance

02/2016
Major Program Report – Profit Motivated
Major Program Report – Clean Opinion
Report on Compliance for Each Major HUD Program and Report on Internal Control over Compliance Required by the Consolidated Audit Guide for Audits of HUD Programs
02/2016
Sample Financial Statements – Formatted in accordance with UFRS

Profit Motivated Sample | Non-Profit Sample

01/2017
Cost Certification Documents Varies

Cost Certification Engagement Letter (02/2016)
Clarified Mortgagor Letter of Rep (08/2013)
Contractor Cost Certification (07/2016)
Contractor Engagement Letter (02/2016)
Contractor Yellowbook GAGAS Report (07/2016)
Mortgagor Cost Certification (04/2016)
Mortgagor Engagement Letter (06/2013)


Guides:

Document Name Updated
Chart of Accounts for HUD/REAC/FASSUB 01/2014
FASSUB Industry User Guide 2013
FRAG: Financial Reporting and Audit Guidance 2003
HUD Audit Guide Varies
HUD Audit Guide – Proposed Changes to Chapter 3 2013
Submission and Review Requirements and REMS
Critical Data Dependencies (Bev Miller Memo)
2004
UFRS: Uniform Financial Reporting Standards 03/2001
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards “Super Circular” 12/2013
Yellowbook / Government Auditing Standards (GAS) 2011

Notices:

Notice
Date Description
H 2013-25 08/2013 Subject: Updated Guidelines for Continuation of Interest Reduction Payments after Refinancing: “Decoupling,” as allowed by the National Housing Act, under Section 236(e)(2).
H 2013-23 08/2013 Subject: Change in Annual Financial Statement (AFS) Submission Requirements for Some Multifamily Housing Project.
H 2013-17 05/2013 Subject: Updated Requirements for Prepayment and Refinance of Section 202 Direct Loans
H 2013-16 05/2013 Subject: Exemption of Annual Financial Statement Submission for HUD-Assisted Properties with Section 515 Rural Rental Housing Mortgage Financing.

Forms:

Form Description
92330 Mortgagor’s Cost Certification
92330-A Contractor’s Certificate of Actual Cost
93486 Computation of Surplus Cash, Distributions and Residual Receipts (06/2014)
SF-SAC Data Collection Form (pre 5/2013)

Handbooks:

Handbook Description
4350.1 Multifamily Asset Management and Project Servicing
4350.2 Section 8 Loan Management Set-Aside Program for Projects
4350.3 Occupancy Requirements of Subsidized Multifamily Housing Programs
4350.3-t 8-7-2013: Transmittal for handbook changes
4350.5 Subsidy Contract Administration and Field Monitoring
4350.6 Processing Plans of Action Under the Low-Income Housing
4355.1 Flexible Subsidy
4370.1 Reviewing Annual and Monthly Financial Reports
4370.2 Financial Operations and Accounting Procedures for Insured
4370.3 Uniform System of Accounts for Cooperative Housing Corporation
4370.4 Basic Accounting Desk Reference for HUD Loan Servicers
4381.5 The Management Agent Handbook
4470.2 Cost Certification Guide for Mortgagors and Contractors of HUD-Insured
4566.2 Management, Servicing and Disposition Requirements for Projects
4571.1 Section 202 Direct Loan Program for Housing for the Elderly
4571.2 Section 811 Supportive Housing for Persons with Disabilities
4571.3 Section 202 Supportive Housing for the Elderly
4571.4 Supportive Housing for Persons with Disabilities
4571.5 Supportive Housing for the Elderly – Conditional Commitment
8025.1 Implementing Affirmative Fair Housing Marketing Requirements
4600.1 The Mortgage Credit Process (Analysis)

Miscellaneous: