Expert Audit Services for Affordable Housing

At DimovTax, we specialize in providing comprehensive audit services tailored to the unique needs of affordable housing, HUD projects, and low-income housing sectors. Our expertise ensures compliance, financial stability, and peace of mind for your projects.

Audits play a key role in the success of affordable housing and HUD projects. They ensure you’re following all the necessary regulations and making the most of the financial opportunities available to you. Audits are vital for:

• Securing Essential Tax Credits: In affordable housing and HUD projects, tax credits like the Low-Income Housing Tax Credit (LIHTC) can be a major source of funding. We can help you to ensure that your project meets the criteria to qualify for these crucial financial supports.
• Maintaining Compliance with HUD Standards: HUD projects come with specific regulatory requirements. Our audits ensure that your project adheres to these standards, maintaining its legitimacy and eligibility for ongoing funding.
• Supporting Low-Income Housing Initiatives: For low-income housing sectors, audits verify that projects are meeting the necessary requirements to provide affordable housing solutions. This includes ensuring fair rent pricing and adherence to tenant eligibility criteria.

Our Audit Process:

1. Initial Consultation:
   • Understanding your project’s unique needs and challenges.
   • Setting clear objectives for the audit process.
2. In-Depth Analysis:
   • Comprehensive review of financial statements and records.
   • Identifying areas of risk and opportunities for improvement.
3. Reporting and Recommendations:
   • Detailed reporting on audit findings.
   • Practical recommendations for enhanced financial management.
4. Ongoing Support:
   • Continuous monitoring and advice for maintaining compliance.
   • Assistance with future financial planning and decision-making.

Ready to ensure the financial health and compliance of your affordable housing project? Contact DimovTax for a consultation and discover how our expert audit services can benefit you.