HUD Compliance

Federal housing programs come with federal accountability. If your affordable housing project receives HUD funding, the Department of Housing and Urban Development requires independent financial reporting, compliance attestation, and submission through the Real Estate Assessment Center. Getting it right — on time, in full, and without findings — requires experts who work in this space daily, not occasionally.
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Springline Advisory, LLC and its affiliates are not licensed CPA firms and do not provide attest services. Attest services are provided by independent licensed CPA firms operating in an alternative practice structure with Springline Advisory, LLC or one of its affiliates.

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The Right Foundation for Federal Housing Compliance

Affordable housing development serves communities. But the audit obligations that come with HUD funding are demanding, and they can strain organizations without the right support. Annual compliance engagements require a specialized, multi-step process, and auditors who know these standards, programs, and deadlines from the inside out.

Springline's national HUD compliance practice is built on decades of dedicated work in this space. Our teams conduct more than 90 HUD audits annually, supporting for-profit and nonprofit clients. From small land companies to large entities with complex accounting structures, we connect project-level reporting, compliance testing, internal control work, REAC submissions, and communication with management, investors, and agencies into a single coordinated process. That depth of experience means our specialists understand not just what HUD requires, but why, and how to assist you in navigating the process efficiently, accurately, and without surprises.

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Where Compliance Meets Concrete Realities

HUD compliance work asks more of project teams than a standard audit cycle. The reporting, submission requirements, and program rules all need to line up, often across multiple parties, funding sources, and deadlines.

In Their Own Words

Results are one thing. Relationships are another. At Springline, we work hard to earn both. Here’s what our clients say.

The team at Springline is outstanding, which is why I have worked with them over the last five years. They are extremely knowledgeable and always reply quickly to any questions. In addition, they always provide a very quick turnaround on the reports we need to keep moving forward. The team has truly been five-star teammates!

Jim Kelly | Community National Bank

We know when working with the Springline team that we don’t have to worry. They know all the questions to ask and create a seamless process for everyone. I love working with such an experienced, competent and creative team. Their team members are focused, they’re experts, and they’re willing to think outside the box.

Kristen McSparren | Heritage Consulting Group

Without the credits we earned thanks to the team at Springline, this project would not have happened — hands down, bar none. Because of these tax credits, there are a lot of beautiful buildings across the state that are being saved.

Andrew Brain | Brain Group/ Park 39 Campus

The Springline team has been fantastic. They are responsive, knowledgeable, and help us through taxes making it simple for us. They have been very valuable and are very easy to work with!

Kevin Cavanaugh | JAGR Management LLC

The Springline team knows our operations and our business very well. The service they provide is very closely aligned with our expectations and values. It’s a really good partnership that has been built over decades.

Pete Jaeger | Endress+Hauser USA Holding, Inc.

The team at Springline is always available to take calls and discuss complicated tax and accounting questions. I have been pleased with the overall competence and professionalism of the team I work with.

David Erisman | ERISYS LLC

The Springline team is always amazing in terms of responses, turnaround time, and professionalism while being friendly and personable — something I’ve found to be rare in an accounting firm. Tax season is a breeze with Springline in my corner!

Sandra Martini | Martini Way, LLC

Our Springline team is just that, a TEAM!! We are extremely happy with the communication throughout every project we have with Springline, the thoroughness and completeness of the team’s work is unmatched, resulting in an amazing final product to us the customer!

Tyler Miller | Legacy View Investments

Our Springline team has been very responsive to our expanding needs. They can do simple just fine, but then they kicked into higher gear to take care of our changing more complex financial needs and tax concerns. They brought in a special expert to take care of our new financial demands and create a plan on how to handle them from a tax perspective.

Nancy Branyas |

The Springline team is exemplary. Communication is prompt and thorough. They are extremely knowledgeable and efficient. I’m confident that they can provide a good solution for anything I present. I know they are busy and at the same time they make me feel like I’m their only client.

Scot Sparks | 1900 Baltimore LLC

We chose to work with Springline based on our work together on our personal taxes for which they have always gone the extra mile to make sure we’re taken care of. The team is made of true professionals, while still being approachable. They really get to know you. This isn’t always the case with accounting firms in my experience. It has been a pleasure to work with them.

Katherine Lawson | Inspired by Alchemy

The Springline team has been fabulous to work with. They are extremely knowledgeable, proactive, and unbelievably attentive to all questions and concerns.

Brian Bischoff | Linkmeyer Development II, LLC

What I like best about working with Springline is their family-friendly approach. They instantly make you feel important as a client and not like a number.

Lindsey Miller | Legacy Contracting Group, LLC

It’s been a game-changer. Having three sets of eyes on financial matters keeps us aligned with our growth goals and gives me the peace of mind we’re controlling the business, versus the business controlling us.

Crux KC Marketing Firm | Founder & CEO

They’ve been an excellent business partner for over 12 years, helping us navigate difficult times and enabling us to minimize taxes. They helped us acquire a company and partnered with us as revenues increased significantly in a short time. They also assisted as we exited certain product lines for more profitable ventures. We have been impressed by the strategic deployment of their tax knowledge as well as successful navigation of an exhaustive IRS audit.

Healthcare Company | CFO

Your firm is amazing! Partnering with you is definitely one of the top business decisions of my career. To be able to now pay off outstanding IRS lien and to be current is a wonderful feeling. Thank you for all you do. I appreciate you more than you will ever know

Senior Care Services Company | Business Owner

They’re consistently there for a quick question or an intense review of our monthly and yearly close out. We can always count on them for fast, friendly, and reliable people to help move us forward to be the best in our industry.

Electrical Associates | Finance Manager
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    What We Deliver

    • HUD and related compliance audits
      Audit work designed around HUD-funded project requirements, financial reporting obligations, and the operational realities of regulated housing programs.
    • REAC submission support
      Support for the financial report submission process through HUD’s Real Estate Assessment Center, including alignment between the submitted reports and the audited financials.
    • Risk-based planning and fieldwork
      A process that begins with understanding the project environment, agreements, internal controls, and higher-risk areas so that testing is directed where it needs to be.
    • Coordination through the full reporting cycle
      From planning and fieldwork through draft reports, final reports, management communications, and, where needed, investor or agency coordination, the work is managed as one connected engagement.

    Our HUD Compliance Capabilities

    HUD engagements often involve more than a standard audit. Springline supports a broader set of compliance, reporting, and project-related needs, offering assistance to owners, developers, management agents, and housing organizations in their efforts to meet agency expectations more consistently.

    CLIENT SUCCESS STORIES

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      Complementary Services

      HUD compliance engagements sit at the intersection of audit, tax, and housing finance. Springline's big, small firm model is structured to provide support in addressing the full range of obligations connected to federally funded housing projects.

      Meet the People Behind the Work

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      Jerad Daley

      Partner

      Redmond

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      Andrew Fox

      Partner

      Rochester

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      David Motes

      Partner

      Redmond

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      Kari Wolff

      Partner

      Kansas City

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      We’re Built for Oversight

      HUD compliance work asks for more than technical completion. It requires a team that understands the project environment, the reporting requirements, and the agency expectations that shape the engagement from start to finish. Springline provides specialized support to assist clients in their efforts to manage that process, keeping the work organized, defensible, and easier to navigate.
      Discuss HUD Compliance