Surplus Cash Overview For-profit HUD projects are given the opportunity two times a year to distribute surplus cash to the owners involved in the property. These biannual distributions always depend on calculating the property’s surplus cash and must be in...

If you’re like many affordable housing property owners or managers, you’re likely swimming in paperwork and files, desperate for decluttering. While there are many documents you can dispose of, there are many that are critical to your property’s compliance and legal obligations.

When you begin the process of refinancing your property, many banks will clamor for your mortgage – and claim to give you the best deal. Keep in mind that there are many options out there, and each bank will meet your business’s needs differently.

Our team members are no strangers to the challenge of taking the CPA exam, so they shared their tips, tricks, and advice to those embarking on this journey. No strategy is one-size-fits-all, but by learning what worked well for others, you may piece together what works best for you.

A new accounting standards update (ASU) requires all entities that produce financial statements to make a few changes to their classification and disclosures of restricted cash. These changes have multiple effects on not-for-profits and affordable housing properties, including HUD projects.