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How to Prepare for a HUD or Tax Credit Audit
Management and Occupancy Review for HUD and Tax Credit Properties
How to get an “A”
Once you get notice of an impending audit you will want to swing into action. Reviews are required on an annual basis for each property. The audits verity’s that property owners and management agents are in compliance with HUD and tax credit regulations.
Audits are stressful and this webinar by industry expert, Paul Flogstad will prepare you with the tools you need to take the stress out because you will know how to be prepared. Paul will walk you through all of the steps of review. By good preparation, you will have a successful audit.
Webinar Objectives
During the webinar Paul will:
- Highlight tips for a successful HUD and Tax Credit Audit.
- Give you the information needed to get an “A” rating.
- Discuss how to correctly set up files, what needs to be included, and other items to watch for.
- Brief about the physical inspection portion of the audit.
Webinar Agenda
- What does an auditor look for?
- Learn various compliance issues
- How to interact with the auditor
- How to organize tenant files
- How to prepare units for the physical inspection
- What items are needed
- Best practices
- How to interpret results
Who Should Attend
- Property managers
- Property owners
- Compliance Staff
- Housing Authorities
Paul Flogstad
Paul has been involved in the real estate industry for the past 38 years. He has been involved in sales, construction, project management, appraisal, mortgage consulting and brokerage, property management and property management consulting/training. Through his consulting company, Property Management Solutions, he provides training and consulting services nationwide to owners, management companies, multi-housing associations, as well as state and federal agencies. He specializes in fair housing issues and has developed fair housing and outreach programs for governmental agencies as well as conducting seminars which are presented to property management companies, apartment associations and...
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