HUD Grants Extension of Deadline for Certain Financial Reports to June 30
The U.S. Department of Housing and Urban Development (HUD) today granted an extension of the deadline for certain financial reports for owners of multifamily housing projects and residential care facilities due to the COVID-19 pandemic. Year-end reports that were due from Oct. 1, 2020, to June 30, 2021, are now due June 30. Entities with a fiscal year-end after March 31 still must submit their annual financial information no later than 90 days after the end of their fiscal year.
The use of HUD financing and other tools to build affordable housing will be discussed at the Novogradac 2021 Affordable Housing Virtual Conference, April 29-30.