Fall Courses and COVID-19
COVID-19 Update After careful consideration of government-imposed social distancing, and varying travel restrictions from state to state, AHACPA has made the difficult decision to cancel in-person courses through the end of 2020. We are disappointed that we will not be able to connect with you in person. We hope to […]
Status of Financial Filing Deadline Extensions
June 26, 2020: MULTIFAMILY Submission Due Date Extensions Today HUD posted the following notice on the Multifamily Housing – Highlights and Announcements page: Global Extension for All Submissions Due Before September 30th The Office of Housing has issued approval for an extension of all financial statements due before September 30, […]
COVID-19 Information
HUD’s main page for COVID-19 Multifamily Housing Q&A Office of Healthcare Programs Q&A (incl. Section 232) Single Family Housing Q&A (FHA-Lenders) Public Housing Q&A [links to 4/22/20 document] Public Housing Notice PIH 2020-05: COVID-19 Statutory and Regulatory Waivers for the Public Housing, Housing Choice Voucher, Indian Housing Block Grant and […]
Other HUD Guidance Related to COVID-19
HUD has issued COVID-19 guidance to all stakeholders in Multifamily, PHA, and FHA businesses. These documents cover day-to-day operating changes as a result of the outbreak. Each is in the form of a Q&A document. Many of these items have significant impact to the operation of the respective businesses. Multifamily […]
03/24/2020 Rural Development Extension
Another question has arisen regarding a Rural Development extension. An extension was mentioned on the AICPA’s GAQC website last week. Apparently the Department of Agriculture announced that an extension was granted to Rural Development Rural Utility Service under 7 CFR part 1377. The question was whether this extension relates to Rural […]
03/24/2020 Lender Extensions
Yesterday both Fannie Mae and Freddie Mac extended their annual financial filing deadlines by 30 days. Further, one practitioner shared with us that NMLS Has elected NOT TO grant any extensions. https://sf.freddiemac.com/articles/news/guide-bulletin-2020-5-temporary-selling-guidance-related-to-covid-19 https://singlefamily.fanniemae.com/media/22316/display
COVID-19 and Status of June PHA Conference
AHACPA is having discussions with the Cosmopolitan Hotel regarding the cancellation of the June 2020 PHA conference. Conversations center on a subsequent rescheduling or a complete cancellation. It is also likely that we may provide an online version of the conference. Rest assured that if you already registered for the conference […]
Coronavirus and 2019 Financial Statement Disclosures
Coronavirus and 2019 Financial Statement Disclosures Over the last 2 weeks it has become apparent that the crisis surrounding the COVID-19 virus will have serious impacts to the economy of the U.S. Questions have arisen over the need to include a subsequent event footnote to 2019 financial statements. Given that […]
Information on LEAP Submission Deadline Extension
LEAP has not made an official announcement regarding an extension to the electronic submission deadline. However, it appears that an extension has been generated within their system. Log into LEAP and look at the next recertification due date. This is a screenshot of what it looks like: To recap: There is a 30-day extension […]
Deadline Extension for Multifamily Submissions Due 3/31/2020
It is now March 13th. Yep, Friday the 13th. We hope everyone is staying safe and sane. It looks like “March Madness” may now be remembered just a little differently. While our hopes are for the safety of all of you out there, what you really want to know is […]