- Clarification on FASSUB Templates
We see in the REAC UFRS document that has been posted that the audit report must be issued prior to…
- Stock Subscription
I have a client that has an agreement with an unrelated party to purchase a 50% stake in the company.…
- 202 Loan Uniform Guidance vs Hud
We have a new client that has a 202 Loan. Should we be following Uniform Guidance or Hud? Please let…
- Bank Fees Replacement Reserve and Residual Receipts
I have a client and their replacement reserve bank recently started charging monthly fees on their replacement and residual receipts…
- Healthcare Mortgage Insurance Program Handbook (4232.1)
I wanted to see if you could clarify the applicability of the revisions to handbook 4232.1 effective January 19, 2017.…
- Surplus Cash 232 Project
We have a 232 project with an agreement dated in 2004. They overpaid their surplus cash in June of 2017.…
- For-profit owner distribution for nursing home project owner
I have a question related to the surplus cash calculation and subsequent distribution for a for-profit nursing home project owner.…
- Board of Directors
Is there a HUD requirement that all entities that file HUD related financial statements (HUD insured mortgages, Capital Advances, etc)…
- Tenant Security Deposits after Consolidation
We have a nonprofit that is consolidating two separate HUD projects into a new entity. We have the agreed upon…
- REAC requirement for Partnership with non-HAP units
Good afternoon. We have a question about a mixed HUD project: We're auditing a Partnership that has purchased a 20…
- Developer Fee for Refinance of 202 with a 223f Loan
Trying to find some guidance, since HUD offices are giving conflicting information, regarding the following: On a first time refinance…
- Surplus Cash Calculation Question – new 811
I have a nonprofit 811 client who has been in operation a little over a year. HUD has been late…