- Uniform Guidance Implementation Date
I wanted to confirm the implementation date for PHA funding governed by its ACC. For Housing Choice Vouchers, Capital Funds,…
- Negative Net Position Due to GASB68
Do you know how HUD will or may respond if segments of a PHA have a negative net position due…
- PHAs – food purchases
Hi! I have a client that has contacted me regarding HUD disallowing lunch purchases for their board meetings. It's a…
- RAD CFDA Number
I am working on a RAD audit. The fee accountant has listed the RAD funds as Business Activities on the…
- Reporting RAD on FDS
Our PHA has been awarded a CHAP and we hope to close on 11/30/15. Our FYE is 06/30. During the…
- Accruing Audit Fees
In my years of auditing in Public Housing for myself and other firms we have never accrued the audit fee…
- GASB 68
Can I set up the GASB 68 information in a fiduciary fund instead of in the HA programs which are…
- Recording Portability Transactions for the HCV Program
I recently came across Accounting Brief #18 - Reporting portability transactions for the HCV program. Section 1.6 states that "it…
- OCAF Effective Date for RAD Projects
When would the 2017 OCAF adjustment be effective for a RAD project that has not yet closed? We expect the…
- Negative HAP Equity
I have a single program PHA that administers only Section 8 Housing Choice Voucher Program. Based on the income and…
- 2012 Operating Subsidy Settlement
Is there any guidance on how Housing Authorities are to handle the 2012 operating subsidy settlements they received recently? I…
- Operating Reserve Lawsuit Funds
I have several housing authorities that have received their operating reserve lawsuit money. The rumor is that the money can…