HUD Waives MFH Financial Reporting Submission Deadline

HUD Waives MFH Financial Reporting Submission Deadline

HUD issued a Housing Waiver to suspend submission deadlines for financial reports in HUD-assisted Multifamily Housing properties and Residential Care communities. Under the waiver, properties with submission deadlines between October 1, 2020 and June 30, 2021 now have until the end of June to submit the reports to HUD; the waiver comes as LeadingAge members report continued staffing and transportation challenges due to COVID-19, presenting a challenge in completing audited financial statements by HUD’s usual 90-day deadline. LeadingAge specifically advocated for the deadline waiver on behalf of members and supports continued flexibilities for HUD-assisted communities navigating the COVID-19 pandemic.

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April 1, 2021