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Housing & Urban Development

How Do You Know If You Have a Good Fee Accountant?

How Do You Know If You Have a Good Fee Accountant?

Last updated on March 18th, 2025A fee accountant is an external accountant hired by a Public Housing Authority on a contractual basis to handle the organization’s accounting responsibilities. The use of a fee accountant can improve the accuracy and efficiency of an Authority’s financial reporting, give the Authority access to
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Mitigating Fraud Risk in Public Housing Authorities

Mitigating Fraud Risk in Public Housing Authorities

Public Housing Authorities (PHAs) can become vulnerable to fraud and corruption—by both external and internal parties— if proper precautions are not taken to safeguard these agencies against such risks. This article will discuss the measures Public Housing Authorities can take to prevent and detect potential fraud risks. Types of Fraud
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Comments and Reevaluation Requests Due for Fiscal Year 2025 Fair Market Rents (FMRs)

Comments and Reevaluation Requests Due for Fiscal Year 2025 Fair Market Rents (FMRs)

Last updated on September 27th, 2024On August 14, HUD published Fiscal Year (FY2025) Fair Market Rents (FMRs), as well as a Federal Register notice, entitled “Fair Market Rents (FMRs) for the Housing Choice Voucher Program, Moderate Rehabilitation Single Room Occupancy Program; and Other Programs; Fiscal Year 2025.” The notice provides
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Are You Keeping Up with Fair Housing Act Developments?

Are You Keeping Up with Fair Housing Act Developments?

Activities to prevent bias and discrimination in housing have dramatically picked up speed on the Federal level and in New York. Guidance and communications reveal a multi-pronged approach to enforcing the Fair Housing Act by touching on a wide variety of activities from screenings to insurer practices and more. Following are
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What Is Audit Readiness and Why Is It Important?

What Is Audit Readiness and Why Is It Important?

Last updated on July 29th, 2024Audit readiness is crucial for all organizations, particularly for Public Housing Authorities (PHAs). Essentially, it refers to the level of preparedness of an organization to engage in an audit process. This involves having all necessary documents and records organized, up-to-date, and easily accessible for auditors.
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Is 2024 the Year Public Housing Finally Moves on from COVID?

Is 2024 the Year Public Housing Finally Moves on from COVID?

Last updated on June 26th, 2024While much of society has moved beyond COVID, Public Housing Authorities (PHAs) continue feeling its impact. A delay in the Emergency Rental Assistance Program (ERAP) disbursements in New York exasperated the issue, but now it seems that funds are moving and helping with accounts receivables.
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An Overview of Recertification Reviews

An Overview of Recertification Reviews

In April, HUD issued the 2024 income limits for HUD programs and Low-Income Housing Tax Credit Property, as well as an individual Fair Market Rent annual increase and income limit cap of 10%. As you become acquainted with the new limits, it’s also a good idea to review recertification requirements
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Funding Opportunity & Comments on Proposed Rule with June Deadlines

Funding Opportunity & Comments on Proposed Rule with June Deadlines

Last updated on May 3rd, 2024We are always on the lookout for funding and advocacy opportunities to benefit our HUD clients and prospects. Following is information about a funding opportunity for community revitalization efforts and a proposed rule to reduce barriers to HUD-Assisted Housing. Here are the highlights… FY24 Choice
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Map of Qualified Census Tracts (QCTs)

  • Move map to NY and scroll to zoom in
  • Under Map Options select “Color QCR Qualified Tracts”