- TPA to Related Party – Reporting Requirement
I wanted to ask a quick question. We have a client that owns 100% of a project who recently sold…
- Surplus Cash – Cash for Renovation Reimbursements
We have a client finalizing HUD documents today and they had a question. As part of the financing, HUD is…
- Amortization of Loan Costs
New GAAP rule is to combine loan amortization costs with interest. Does HUD want to show it that way in…
- Section 8 Cluster
I have two nonprofit clients that have 811 capital advances (many years ago) and PRACs that renew annually. Are these…
- Section 811 Consolidation Question
We received an approval for a waiver for a HUD section 811 for 2015 and for 2016 we will need…
- Uniform Guidance
We are working with a non-profit HUD entity which has a 232/223(f) loan and a HAP program. Since the loan…
- Compliance Requirements
We are auditing an increasing number of real-estate only HUD entities and we are looking at the efficiency and effectiveness…
- Non-Profit Compliance Testing
All my HUD engagements are non- profits so we are subject to Uniform Guidance and the compliance supplement. All of…
- Utility Allowance Payments
We recently took on a client that receives utility allowances from HUD which are billed for and received with the…
- Supplementary Information
In the Supplementary information for required HUD reports, should they be Schedules or Statements? Currently what I have seen is…
- PRAC SEFA Presentation and Hardcopy Requirement
I have two questions I was hoping you could help with. 1) When presenting a Section 202 with PRAC on…
- HUD Capital Advances
I want to end a misunderstanding of the treatment of HUD capital advances on the SEFA. OMB previously and under…