How we can help:

Compile or review financial projections to determine the economic viability of the project, and the impact of various pricing and terms of the agreements between investors, lenders and developers;

Design procedures to meet the needs of lenders, investors and regulatory agencies, including:

- Certifying development costs and determining eligible basis

- Reviewing and preparing the allocation of costs incurred by the Certification of Costs included in final allocation application letter

- Preparing tax credit application for appropriate classifications and calculations (developer fees, contractor fees and gap funding)

- Break-even analysis and calculation of internal rate of return to investors

- Due diligence review of transactions

Financial and compliance engagements - perform under generally accepted auditing standards and HUD or other regulatory agency guidelines, including:

- Annual audit of project operations

- Annual compliance testing of tenant eligibility

Systems design and documentation - enables compliance with regulatory requirements, including appropriate tenant file maintenance

Tax consulting - for syndicated housing issues. Services include:

- Structuring and tax impact of proposed real estate transactions, including nonprofit entity transactions

- Financial feasibility and structure of combined historic and housing credit projects

- Tenant compliance issues

- Preparation of federal and state partnership tax returns

- IRS representation

Cost Segregation Studies