PREPARING FOR A STATE HOUSING FINANCE AGENCY AUDIT

State Housing Finance Agency (HFA) audits can feel stressful even for experienced housing professionals. This 2.5 hour webinar provides a practical and structured review of how to prepare for both the compliance review and the physical inspection portions of an HFA audit.

Participants will walk through the full audit lifecycle from initial notification through post audit follow up. The session focuses on documentation readiness, internal file reviews, unit and site inspection preparation, and the most common compliance and physical findings. Emphasis is placed on proactive strategies that reduce findings, support timely responses, and demonstrate strong oversight of both program rules and property conditions.

WHAT YOU CAN EXPECT FROM THIS TRAINING

This session gives housing professionals practical guidance to confidently prepare for both the compliance and physical inspection portions of a tax credit state Housing Finance Agency audit. Attendees will gain clear strategies to strengthen documentation, improve property readiness, and respond effectively to audit findings.

• What triggers an HFA audit and what agencies typically review in both files and physical inspections
• How to organize and review tenant files before the audit begins
• How to prepare units, common areas, and building systems for an inspection
• Frequent compliance findings in tenant files and how to prevent them
• Common physical deficiencies that lead to inspection findings
• Best practices for responding to audit and inspection findings
• How to document corrective actions and show issues are resolved
• Practical tips to reduce repeat findings in future reviews

WHO SHOULD ATTEND

This training is designed for, though not limited to, the following participants:

• Property managers
• Assistant property managers
• Compliance specialists
• Asset managers
• Maintenance supervisors
• Owners and ownership representatives
• Housing professionals responsible for audit preparation and oversight

WHAT YOU WILL TAKEAWAY

• Instructor: Gary Kirkman, VP of Compliance Training
• Type of Instruction: Virtual Presentation
• Certificate of Attendance: Provided within 7 business days after the training.
• Continuing Education Hours (CE Hours): 2.5 Hours, which can be applied to US Housing Consultants ACE Designations
• Reference Manual Provided: A PDF Reference Manual will be provided 24 hours prior to the training event.