Multifamily Questions

  • REAC Inspection Summary Report

    When a REAC Inspection Summary Report is prepared for a Project, does the results have to be included in the…

  • Allowable Costs

    I'm currently working as an auditor on an engagement for a Senior Housing Facility. The Organization is subject to HUD…

  • Cost Certification

    We have been asked to give a quote for a cost certification for a HUD project where a related party…

  • HUD Non Profit Uniform Guidance

    The project has a 202 direct loan and HAP contract (both awarded pre Dec 2014) and after reading the 2CFR…

  • Tenant File Audits

    At the multi-family conference, a cohort inquired about HUD tenant file audits at the Q&A session. He indicated that the…

  • Section 232 Surplus Cash

    I have a 232 project who has miscalculated and distributed their 6/30/15 surplus cash. It appears that this would be…

  • Capital Advances

    I just want to confirm that a not for profit entity who received a $800,000 Section 202 capital advance back…

  • Mortgagee Recertification Trouble with LEAP

    My multi-only mortgage broker/lender cannot recertify via LEAP; the only issue appears to be the answer to the field “NMLS…

  • Surplus Cash Calculation

    I have a question regarding the two latest surplus cash calculations. When they say we should be including the principal,…

  • SEFA Question

    I have question that has come up with a non-profit client of ours that I'm having trouble answering. Any insight…

  • HUD Allowable Costs

    We work with a management company that manages 6 HUD projects (memory-assisted, specifically) The COO at the management company would like…

  • Surplus Cash – 232

    If a 232 project distributes excess surplus cash from the 6/30/15 calculation, then has negative surplus cash at 12/31/15, is…

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