|
|
Course Description
HUD Multifamily Housing, Compliance Audits, and Low-Income Housing Tax Credits Projects from PPC
Accounting & Auditing
(7
credits)
$95.95
This interactive self-study course consists of three lessons. The first lesson covers HUD-assisted programs including features such as insured loan programs, risk sharing programs and rent subsidy programs. The first lesson also discusses contracts and forms that are of interest to auditors. The second lesson discusses the compliance audit portion of the HUD audit and focuses primarily on the compliance audits of nonsupervised mortgagees, loan correspondents and lenders. Lesson three provides an overview of the low-income housing tax credit and explains the services that auditors may provide to these projects. The effect of recently enacted legislation on these projects is also discussed.
Major
Subjects:
 |
Describe the basic features of HUD’s insured loan and coinsured loan programs, direct loan programs, capital advance programs, flexible subsidy programs, and rent subsidy programs.
|
|
Identify contracts and forms that pertain to all HUD projects and those forms that are unique to rent subsidy programs.
|
|
Define terms and compliance requirements for HUD audit programs.
|
|
Summarize compliance requirements applicable to Title II nonsupervised mortgagees and loan correspondents and those compliance requirements that are specifically applicable to Title I nonsupervised lenders and loan correspondents.
|
|
Describe project requirements and tax credit calculation and define roles for auditors in the LIHTC program.
|
|
Summarize compliance issues related to the initial completion of the LIHTC project as well as ongoing compliance responsibilities.
|
| Contributing
Author: |
Practitioners Publishing Company
|
| Course Level: |
Basic |
| Prerequisite: |
Basic knowledge of auditing |
| ProductCode: |
08PHUD2 |
| Format: |
NASBA QAS/Registry self-study |
 |
For licensing information, click on the Licensing Information
button. |
|
