Housing Authorities

ACHIEVE FISCAL HEALTH, FINANCIAL SUSTAINABILITY AND PROGRAM COMPLIANCE WITH COMPREHENSIVE ASSURANCE, TAX AND CONSULTING SERVICES 

Housing authorities face a number of challenges each day, from a complex regulatory environment to understaffed teams and growing workloads. At Aprio, we’re here to help by providing you with the solutions you need to tackle these complexities and ensure compliance with federally-mandated programs and requirements. 

Aprio’s Public and Affordable Housing groups have performed over 2,200 public housing audits over the last three decades. In addition to housing authority audits, Aprio provides a comprehensive range of tax and consulting services to improve the efficiency, fiscal health and financial sustainability of public housing authorities. Aprio strives to serve public and affordable housing clients as true business partners, providing value beyond the annual audit. 

Public and Affordable Housing Services: 

  • Public Housing Authority Audits: Get peace of mind that your financial statements are accurate, and you are in compliance with the requirements of major programs. Our team is well-versed in the Department of Housing and Urban Development’s distinct requirements for public housing authorities, including the annual REAC financial statement submissions. 
  • Internal Controls Compliance: Receive a deep dive into your internal controls to ensure you are fully prepared for your annual audit. We offer the following reviews: tenant file reviews, compliance reviews, policies, occupancy reviews and more. 
  • LIHTC Tax and Accounting Services: Plan, prepare and gain the confidence you need to perform a tax credit transaction. Aprio assists clients in areas including accounting services, compliance, transaction consulting, tax consulting and cost certifications. 
  • RAD Conversion: Eliminate worry from the RAD conversion process and ensure the decision makes good business sense by partnering with an organization who has been guiding public housing authorities for over three decades. The Aprio team can assist you with preparing a RAD conversion plan, RAD application review, financial modeling, financial planning, development of a budget and pro forma. 
  • KPI Dashboards and Scorecards: Have real-time agency performance data at your fingertips. Our team can help develop industry and agency specific key performance indicators (KPIs) for your organization and build a data dashboard/scorecard to aid in monitoring your performance.
  • Public Housing Authority Business Consulting: Improve your agency’s fiscal and operational performance. Aprio provides housing authority consulting services to address the changing needs of the industry. This includes business plan development, operational assessments, financial assessments and compliance reviews.
  • Strategic Planning: Ensure your employees and stakeholders are working toward a common goal to enhance operations and organizational goals as you prepare for what’s next. Our team can guide your organization through a strategic planning process that takes a holistic look at your organization and may include a board or staff retreat.
  • Professional Staff Development & Augmentation: Develop a high-performing staff to sustain your agency’s overall health. Aprio offers skills trainings with finance teams to improve performance and can augment your staff with interim financial expertise or assist on a project basis.
  • Litigation Support and Forensic Accounting Services: Minimize the impact of fraud on your organization. Aprio provides the litigation support and forensic accounting services required when fraud, theft or embezzlement is suspected within a housing authority.

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