March 21, 2014 in FASSUB

Reminder: FASSUB Extension and Preparation

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 extension, and your submission is now due on April 30, 2014.  The extension is to give your auditor and owner time to implement the requirements of Housing Notice H 2013-23, and to adapt to the updated FASSUB system release on December 6, 2013.  That release implemented the changes in the HUD Consolidated Audit Guide, Handbook 2000.04.

Be sure that the person doing the electronic filing can get into HUD Secure Systems.  That means s/he must have an active User ID and a current password.

  • To re-set a password, go to: PIH-REAC Online Systems  and choose Password Reset from the System Login box at the right.
  • If a User has not gone into the system in the past 90 days, his/her access will have expired.  A User ID can only be reactivated by contacting the TAC (Technical Assistance Center).  The TAC is open Monday – Friday, from 7:00 am to 8:30 pm Eastern Standard Time, and can be reached at 1-888-245-4860 or by email at:  REAC_TAC@hud.gov
  • The User will be asked to provide his/her User ID, mother’s maiden name and the last 4 digits of the Social Security Number for verification purposes.  Best times to call are from 7:00 – 8:30 am and 6:30 – 8:30 pm.

Information on the latest updates to PIH-REAC Business Area products and security procedures can be found at: Real Estate Assessment Center (REAC)