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As certified public accountants and consultants, we provide a wide range of services to investors, developers and businesses involved in the affordable housing industry. The affordable housing industry is a rewarding and fulfilling industry. However, it can also be complicated and ever-changing. Our Affordable Housing Services Group is here to help you navigate your way to a successful affordable housing project.
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Affordable Housing Blog
**This article was updated to reflect additional guidance from the SBA and Congress. The intent of the Paycheck Protection Program Flexibility Act of 2020 was to keep the original deadline for PPP applications as June 30, 2020. Further, the Payroll Costs 60% Requirement was clarified as not being a cliff. The article below was updated…
On May 22nd, the Small Business Administration (SBA) issued the fourteenth and fifteenth Interim Final Rules, which add to what is known about Paycheck Protection Program (PPP) loan forgiveness and the SBA and lender review process. The fourteenth Interim Final Rule, “Requirements – Loan Forgiveness” focuses on, as the name suggests loan forgiveness, and the…