Affordable Housing: Audit*, Tax, and Advisory Services to Drive Development

Achieve profitable growth, comply with reporting requirements, and better serve your communities and residents. Aprio provides tailored audit, tax, and advisory services to help affordable housing developers and housing authorities improve financial performance and compliance — from getting the deal started to protecting and maximizing your investment.

Overview

Affordable Housing and Public Housing Authority Services

Affordable housing leaders, executives, and controllers face a host of competing challenges when planning for future growth — including rising construction costs, declining federal and state credit equity prices, and the demands of syndicators and investors.

Since the inception of the Low-Income Housing Tax Credit Program, Aprio has helped affordable housing leaders overcome challenges, protect their properties, and deliver financial reporting accuracy that satisfies the toughest investors and lenders.

Partner with a professional accounting team that values a proactive approach and creates lasting relationships that support long-term business growth.

Who We Serve

Affordable Housing Advisory Services Across Industries

Aprio has longstanding experience in providing affordable housing tax, audit, and advisory solutions in various industries. We specialize in supporting the following:

For-Profit and Non-Profit Affordable Housing Development Companies

Organizations that design, build, and manage cost-effective communities that foster inclusivity and quality living conditions.

Public Housing Authorities (PHAs)

Groups that oversee housing programs, manage resources, and maintain safe, affordable homes that support community stability.

Affordable Housing Investors

Investors that fund projects that drive community growth with smart, sustainable investments in housing.

How We Help

Affordable Housing Support and Guidance

Seize opportunities to boost your bottom line while getting the industry-specific advice you need to comply with regulatory requirements. Affordable housing developers, property managers, and public housing authorities nationwide look to Aprio as a one-stop resource for their affordable housing audit, tax, and business advisory needs.

Structure your affordable housing deal
Get consulting solutions to help you deal with structuring, projections, state tax credit applications, and potential tax-saving opportunities.
Streamline the lease up and stabilization phase
Benefit from hands-on support throughout the development and construction cycle, including 10% testing, cost certifications, lease testing, HUD reporting, and break-even analysis.
Protect and maximize your investment
Access the affordable housing compliance and strategic advice you need to safeguard your project post-construction — from annual audit and tax prep to exit planning.
Structure your
affordable housing
deal
Streamline the
lease up and
stabilization phase
Protect and maximize
your investment

Proven Commitment to Compliance

Aprio’s Affordable Housing team has continuously delivered quality financial reporting to meet deadlines. Our CPAs and advisors bring to the table decades of experience working on affordable housing transactions through various programs, including the U.S. Department of Housing and Urban Development (HUD), the USDA Rural Development (RD) program, and relevant State Housing Finance Agencies (HFAs).

Why Aprio

End-to-End Support for Affordable Housing

Since the inception of LIHTC, we have served clients nationwide, from coast to coast, allowing our team to bring a personal touch to affordable housing, combining the robust capabilities of a global provider with the responsiveness of a dedicated, senior-level team. Our client-first approach means you’re supported by consistent engagement teams who deeply understand your business, delivering smoother audits and strategic guidance that extends well beyond traditional audit and tax services.

With deep industry experience drawn from top firms and affordable housing organizations, we offer tailored, actionable insights to improve your financial strategy—an approach reflected in the trust and referrals of satisfied clients.

Aprio’s Affordable Housing team commonly works with tax credits such as LIHTC, renewable energy, historic, new market, 45L, and QOZ.

Leadership

Affordable Housing Leaders

Aprio's solid team of affordable housing accounting professionals and CPAs serves clients across the nation, with our partners averaging about two decades of industry experience individually. Learn more about our Affordable Housing leadership team below.

Insights

Articles

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Client Results

Aprio has been an incredible partner in helping us with our Affordable Housing Portfolio. Their expertise in audit and tax provides us with a clear understanding of our financial health, ensuring compliance and improving our internal controls. The team at Aprio is always responsive, offering expert guidance that has helped us make more informed decisions. Their personalized approach has been instrumental in our continued growth, and we truly value their expertise.

- Zach Nimmo, CFO

TISHCO Properties

Frequently Asked Questions