HUD Audits

HUD AuditsGenerally, participants in public housing, Section 8 housing and the insured multi-family housing program must prepare annual financial reports in accordance with U.S. Department of Housing (HUD) guidelines.

HUD audits can be complex and involve specific disclosures requiring a certain level of experience and expertise. Seber Tans PLC specializes in HUD audits and has been engaged on audits containing either Section 8 rents, HUD insured mortgages or HUD held mortgages.

We work diligently to stay current on new standards and regulations through continuing education and training to ensure that we can meet any challenge relating to HUD audits.

We can provide the following services related to affordable housing:

  • Provide audit services in accordance with applicable HUD requirements for all entity and program types
  • Provide cost certification audits
  • Submit annual financial statements in accordance with HUD and the Real Estate Assessment Center‘s (REAC) requirements
  • Provide audit services for projects subsidized by the United States Department of Agriculture (USDA)
  • Provide accounting services including HUD reporting
  • Assist owners/management agents in closing
  • Assist in the resolution of audit and compliance findings

Contact

Comment Here