- Federal Financial Reports
I believe I remember hearing in a training session that the Federal Financial Reports section of the HUD audit program…
- HUD-92466M (4/11)
Hi, I have a nonprofit entity that I audit. It was in the Section 202 Program until September 2014, when…
- Surplus Cash – Including approved reserve for replacement releases
Can a client include approved but not received reserve for replacement releases from the lender in their year end surplus…
- HUD insured mortgage refinanced with a HUD insured mortgage
I have a client with an existing HUD mortgage on a multi-family property, December 31, 2019 year-end, for which I…
- Section 202 Allowable Costs/Cost Principles
For a Single Audit of a section 202 project that has fully drawn and spent its loan funds in a…
- Management Fee Increases
We have a client who has a 223(f) mortgage and receives no subsides and has no other major programs other…
- Surplus cash deposit not made timely
I have a Section 8 client with a 202 loan. They did not make their surplus cash deposit into residual…
- Accounting for Operating Deficit – Propco and Opco
Hi Les, I attended your HUD 101 training and it was very helpful to our staff and myself. Thank you. …
- Original Form 8609
The owner did not keep a copy of the original 8609s submitted to IRS, Philadelphia. The owner's copies do not…
- Non-Profit Multifamily Reporting Requirements
I have a Non-Profit Multi-Family project that was originally financed by NJ Housing and Mortgage Finance Authority. The mortgage has…
- Operating loss loan application under Section 223(d)(2)
We have been asked to calculate and then certify an "Audited" operating loss calculation. - see attached form. We perform…
- TPA process and audit best bractices
Les, We recently joined AHACPA and are very impressed with the resources and FAQs available in the website. One of…