Access to HUD’s Secure Systems For Annual Financial Statement Electronic Filings
Access to HUD’s Secure Systems For Annual Financial Statement Electronic Filings By March 31, 2016, several HUD property Owners, or their representative auditors, must submit annual financial stateme ...
HUD Issues an Additional FASS Filing Extension for Owners with 6/30/2015 Fiscal Year Ends
HUD Issues an Additional FASS Filing Extension for Owners with 6/30/2015 Fiscal Year Ends On October 27, 2015, HUD posted an additional global extension to December 31, 2015 for those owners with f ...
Annual Financial Statement (AFS) Filing Deadline; Validation Errors; FASS Service Outage
AFS Filing Deadline - There has been no indication from REAC that a filing extension will be issued; therefore, filers must adhere to the 90-day filing deadline. REAC has indicated, however, that alth ...
Reminder: FASSUB Extension and Preparation
If your fiscal year ended on December 31, 2013, and your property is required to submit an annual financial statement electronically through FASSUB, you have extra time! HUD has authorized a 30-day ex ...
New FASS (Financial Assessment Sub-System) Documents
You may have noticed some new documents on the FASSUB webpage recently. Read more about new items posted by REAC.
Global 30-day Extension for 12/31/13 Submissions
Financial Assessment of Multifamily Housing (FASS-MF). (2013, January 6) The Office of Housing has authorized a global 30-day extension to all owners with fiscal years ended 12/31/13.
APPS and FASSUB Updates
A couple of important updates: The Active Partners Performance System (APPS) currently has a glitch caused by the December 21, 2013 software release. And Notice 2013-23 allows you to submit owner-cert ...
FASSUB to Delete pre-2011 DRAFT Submissions
The FASS-MF team will be deleting submissions that are in a draft status where the last update to the submission occurred prior to January 1, 2011.
Small Projects Can Submit Owner-Certified Financials to FASSUB
On August 8, 2013, HUD issued Notice H 2013-23, changing the annual financial statement (AFS) submission requirements for some small multifamily housing projects.
515/8 Properties Now Exempt from FASSUB Reporting
As of May 23, 2013 owners of properties with a USDA Section 515 Rural Rental Housing loan and a HUD Section 515/8 New Construction Housing Assistance Payments (515/8 HAP) contract are no longer requir ...