File management plays a pivotal role in both HUD and Tax Credit audits. A well-organized file system is crucial for a successful audit, as any disarray may lead to findings. It's important to note that each financing type has its own specific order of content for files. Engaging in a discussion on this topic will provide valuable insights into the compliance requirements, helping you stay on track with the necessary documentation.
This session by industry expert Paul Flogstad will cover all the latest updates from HUD that are currently in effect, providing valuable direction for MOR audits. These new guidelines pertain to scheduled audits, offering insights across various facets.
Discover tips on effective file management and essential insights into physical inspection items during MOR and tax credit audits. Tenant files are a major focus, and Paul will discuss the specific file setup requirements for each program to ensure compliance.
Gain a deeper understanding of property inspections as Paul highlights key items that influence the overall audit score. Learn how to conduct thorough inspections and identify areas for improvement. Furthermore, Paul will review best practices, vital for landlords to avoid fair housing violations. This knowledge is essential for maintaining ethical property management practices.