Rural Housing Providers: HUD Eases Your Financial Reporting Burdens

Tuesday, August 06, 2013

And get ready to execute a revised Section 515/8 agreement

If you’re an owner with a Section 515 Rural Rental Housing loan and a Section 8 New Construction Housing Assistance Payments (Section 515/8 HAP) contract, you’re getting a big reprieve on submitting annual financial statements (AFS).

Now you no longer need to submit AFS to the U.S. Department of Housing and Urban...


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