Affordable Housing
We Help You Make Sense of Affordable Housing Requirements
Whether you are an entity or an investor looking to develop an affordable housing project, Rubino has the expertise to guide you through HUD audits, assist with low-income housing tax credit audits, and craft a strategy for ensuring ongoing compliance. We provide complete audit and accounting services for entities looking to make a difference and provide housing for those who could otherwise not afford it.
Failed audits and incomplete financial statements can mean sanctions that impair your ability to operate. Fortunately, these can easily be avoided through proper recordkeeping and a partnership with an expert who understands the complexity of affordable housing accounting.
All of our engagements are led by skilled professionals with specific industry knowledge in order to provide superior service to our clients.
- Audits of Financial Statements
- Reviews and Compilations of Financial Statements
- Attestation Engagements, Agreed-Upon Procedures, and Special Reporting Engagements
- Compliance Monitoring
- Cost Certifications
- Employee Benefit Plan Audits
- HUD, Single Audits
- Internal Control Audits
- Single Audits
- Tax Compliance
- Long-Term Strategy
Affordable Housing Entities Have Complex Operations
When Is a HUD Audit Required?
A HUD audit often goes beyond the traditional requirements of an annual financial audit. It requires multiple supporting documents and specific information. Beyond providing financial data, as one would with a typical financial audit, HUD also require entities to submit data that ensures they are compliant with HUD requirements.
Affordable housing audits can be complicated, as they consist of financial statements and compliance audits. These audits can be complex, the rules always change, and your location may have specialized requirements, which is why you need a specialized partner that understands these nuances. Rubino provides complete audit preparation and review services. We understand the documentation, we know the process, and we will put together a plan that keeps your entity compliant for years to come.

With the Rubino Team,Anything Is Possible

Insights
At Rubino, we understand the unique strategic and financial issues that nonprofit groups face daily. Reliance on unpredictable income and volunteer workers makes it much more difficult to deliver a consistent product or service.
We can alleviate this uncertainty by developing solid financial strategies that your organization can always count on.
All organizations need accounting services. Where they get it can be the difference between success and failure. Too often, businesses take on accounting services themselves, which may work in the very beginning, but fail as the business grows and financial needs become more complicated.
Instead, choose a scalable approach. Outsourced accounting services provide a framework for growth that will sustain your business years into the future.
Housing authorities must operate with total transparency. The financial documents they produce each year have to be detailed enough to withstand intense scrutiny, which is why many choose an outsourced option.
Rubino specializes in the needs of public housing authorities, and with our expert affordable housing team, your agency can expect reliable guidance and high-quality services that are efficient, timely, and informative.
When your individual income is closely tied to your small business or nonprofit fundraising, there is a tight distinction among personal taxes, financial reporting, and the needs of your organization.
Rubino understands these differences, and we’ve helped many clients manage their financial futures alongside their businesses or other entrepreneurial endeavors.
Healthcare providers have special financial reporting and data security needs. This is why many dentists, chiropractors, physical therapists, and the like turn to Rubino as their financial partner.
With us, you can operate with confidence knowing you have your financial bases covered and concentrate on providing the best possible care for your clients.
An accountant with the right mix of experience and industry knowledge can save you money and time. Rubino has worked with real estate property owners for decades. Accounting in real estate companies shouldn’t be a mystery; we can be your trusted resource.
We help our real estate clients achieve their goals by taking the time to understand their needs and providing the expertise of a large firm with the service of a small firm.
Government contractors are under higher scrutiny because they operate in a field that requires transparency and compliance with shifting regulations. While government contracts can be lucrative and are highly sought after, the firms they get awarded to need to meet these stringent regulations and adjust when they are changed. Merely knowing what all the regulations are and what you need to do to meet them is a job in and of itself.
This is where Rubino comes in. When you partner with us, you can rest assured you will receive quality information and expert advice that keeps you ahead of changes to regulatory and accounting standards.




