HUD, RD, and Affordable Housing
Pinnacle Accountancy Group of Utah's extensive experience with Housing and Urban Development (HUD), USDA-Rural Development, Tax Credits (per IRC 42), and Housing Authorities, allows us to help our clients successfully comply with government requirements and regulations.
In addition to audit and tax services, we also provide cost certifictions and other agreed-upon procedures required of the particular governing agencies.
- Audit (Attestation)
- Agreed Upon Procedures
- FHA Electronic Submission
- Tax Planning and Preparation
- Cost Certifications
We have accounting professionals with the deep experience that comes from advising investors and developers in the affordable housing industry. Whether it’s accounting for building costs, consulting on projections, computing tax credits, dealing with HUD financial reporting and disclosures, or advising on complex income tax issues, our professionals can help you through all the issues related to low-income housing projects.
Using Low-Income Housing Tax Credits (LIHTC) to finance housing is one of the most effective financing tools for creating quality, affordable housing in our communities. However, LIHTC contains complex rules generated by the IRS as well as the housing finance agencies. Pinnacle Accountancy Group of Utah has significant experience in the highly specialized area of affordable housing. Developers, syndicators, and investors all benefit from using our expertise.