Novogradac Introduction to HUD Multifamily Rental Housing Programs
The Novogradac Introduction to HUD Multifamily Rental Housing Programs serves as an introduction to the U.S. Department of Housing and Urban Development (HUD) multifamily rental development programs most used by multifamily affordable housing developers: insured mortgage programs and the project-based rental assistance (Section 8) program. The 31-page booklet describes the programs, as well as their compliance requirements; accountant engagements and external reviews; the audit approach and communicating with the audit team; and common compliance findings in financial statement audits. The Novogradac Introduction to HUD Multifamily Rental Housing Programs also provides information about pairing HUD assistance with the Low-Income Housing Tax Credit program. This guide is based on materials developed by Novogradac & Company professionals for use during conference sessions, webinars and internal trainings.
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