Affordable Housing Audit, Tax, & Advisory Solutions

Affordable housing developers need accurate financial reporting to manage LIHTC compliance, HUD cost certifications, and investor reporting. Proper accounting supports transparency, informed decision-making, and eligibility for tax credits and government funding programs.

PHAs must comply with PHAS, Section 3, and other HUD regulations. Maintaining compliance involves annual financial audits, comprehensive financial reporting, timely grant reporting, and strategic budgeting to meet performance standards.

Developers can leverage Low-Income Housing Tax Credits (LIHTC), New Markets Tax Credits (NMTC), Historic Tax Credits, Renewable Energy Tax Credits, 45L Energy-Efficient Home Credits, and Qualified Opportunity Zones (QOZs). Using these credits strategically reduces tax liability while supporting sustainable development.

Structuring affordable housing financing requires careful alignment of debt and equity with tax incentives, regulatory compliance, and investor expectations. Effective planning helps make sure capital stacks, funding sources, and LIHTC requirements are managed efficiently.

Audits—including LIHTC, Housing Authorities, HUD RD, cost certifications, and 10% test audits—make sure projects meet federal and state regulations. Regular audits reduce risk, validate financial reporting, and help maintain project eligibility for tax credits and investor confidence.

Affordable housing developers often work across multiple jurisdictions with varying tax rules. Managing multi-state compliance involves understanding local incentives, property taxes, and filing obligations to maximize benefits and avoid penalties.

Planning for capital improvements requires forecasting budgets, tracking depreciation, and maintaining compliance with LIHTC and other grant regulations. Strategic planning strengthens project longevity, improves operational efficiency, and enhances asset value.

Nonprofit developers must handle complex Form 990 filings, maintain IRS compliance, and leverage available tax incentives. Accurate and timely filings protect nonprofit status, reduce audit risk, and increase resources for mission-driven projects.

Investor reporting requires accurate, timely, and transparent financial information. Reports may include capital adjustments, performance benchmarking, and compliance documentation, which build credibility and support long-term investment relationships.