Our clients benefit from our strong reputation in the industry, unquestionable expertise and an exceptional commitment to ongoing, value-added communications.
First enacted in 1937 with new programs evolving every year, affordable housing regulations offer a collection of financial benefits to a host of low-income housing business participants as well as investors, syndicators, developers, lenders, housing authorities and state credit agencies. However, this niche sector requires that participants be adept at navigating complex federal and state tax rules and compliance requirements to secure financial benefits. And the stakes are high – errors or oversights can lead to devastating financial consequences.
As a result, the complexities of the program dictate that service providers have a strong reputation in the industry, unquestionable expertise and an exceptional commitment to ongoing, value-added communications with clients.
An enviable reputation for exemplary service, sensitivity to reporting deadlines and personalized attention.
With more than 30 years of experience, PKF O’Connor Davies Affordable Housing Practice currently serves more than 1,400 not-for-profit clients and another 200 affordable housing clients. Delivering exceptional audit, tax and advisory services, our Affordable Housing Practice is one of the largest and oldest of its kind in the tri-state area. Our high degree of personalized attention in meeting individual client needs and utmost sensitivity to reporting deadlines earns us an exceptional reputation with HUD, National Syndicators and State and City housing agencies.
Our Affordable Housing Practice services include:
- Annual tax filings and financial statement audits, reviews and compilations
- Project eligibility due diligence
- 10% Carryover allocations
- Project Cost Certifications
- Bond financing Form 95/5
- Form 8609 applications
- Year 15 transition consulting
- HUD audits and program compliance
- HUD REAC filings