Services
Surround Yourself with Assets,
Not Liabilities
With over 80 years of combined experience, the Berman Hopkins Public Housing Authority Group is recognized nationwide for its unique expertise, outstanding leadership, and exceptional quality of work, products, and services in the affordable housing industry. Our strategic plan focuses on proactive, prompt, and personal service.
We support and work to further the missions of our Public Housing Authority clients in many ways. Due to limited personnel resources, most Public Housing Authorities desire the audit process to be more than just issuing financial statements. We believe this as well.
Our team:
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Educates, informs and advises clients regarding various program guidelines and changes in rules and regulations as they arise.
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Aims to reduce future audit discrepancies or findings by focusing on guidance and best practice strategies.
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Develops solutions tailored to meet the needs of entities required to report in compliance with the Department of Housing and Urban Development.
We trust that our background and experience working with the U.S. Department of Housing and Urban Development makes us the most qualified and cost-effective accounting firm to provide value-added services to your housing authority.
We are licensed and registered as certified public accountants in numerous states and, due to mobility practices, authorized to practice in any state throughout the United States. Annually, our firm audits approximately 30 public housing authorities, 20 Multifamily HUD entities, 15 Low-income Tax Credit Entities and 25 other PHA-related entities, including various component units. Additionally, our peer reviews have consistently met the quality control standards for an accounting and auditing practice established by the American Institute of Certified Public Accountants (AICPA), and these peer reviews have specifically included an evaluation of our public housing authority engagements. Our last HUD-REAC Quality Control Review found no issues.
Client Experience Guarantee
Services
We perform audits, reviews, and compilations for public housing authorities and entities across the country. Every engagement is unique. Therefore, we will work with your team to complete the projects and compliance measures you need.
Proactive, Prompt, and Personal Service:
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Financial and Compliance Audits
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LIHTC Audits and Tax Filings
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PHA Related Not-for-Profit Audits and Tax Filings
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HUD Consolidated Compliance Audits/Multifamily Submissions
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Agreed-Upon Procedures
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Grant Closeouts
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Internal Controls Review
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Forensic Services
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RAD Conversion Consulting
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REAC Submissions
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Internal Tenant File Review and Oversight
Experience Reporting in Accordance with:
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PHA Specific Guidance and Regulations
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GASB and FASB Standards
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Federal Clearinghouse Regulations
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24 CFR
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Uniform Guidance/Single Audit Guidance
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PIH Notices
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REAC Accounting Briefs
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Financial Data Schedule Presentation Requirements
When We Say Experts,
We Mean Experts
We have a dedicated team of professionals that work with Housing Authorities and their instrumentalities full time
and have over 80 years of combined experience.
Below is a list of accredited affiliations and associations
our audit team work with on a regular basis.
18
Years of Auditing PHAs
Top 3
Housing Authority of the City of Los Angeles
Housing Authority of the City of Austin
Tampa Housing Authority
GASB, Uniform Guidance Compliance & Internal Control Analysis
30
Years of Auditing PHAs
Top 3
Housing Authority of the City of Austin
Memphis Housing Authority
Jacksonville Housing Authority
GASB, RAD Conversions & Low-Income Housing Tax Credit Entities
19
Years of Auditing PHAs
Top 3
Housing Authority of New Orleans
Housing Authority of the City of Austin
Housing Authority of the City of Fort Lauderdale
HUD Compliance & REAC Submissions
10
Years of Auditing PHAs
Top 3
Housing Authority of the City of Los Angeles
Memphis Housing Authority
Tampa Housing Authority
Multifamily and Low-Income Tax Credit entities and REAC Submissions
Mike Gerber
President & CEO
“The Housing Authority of the City of Austin (HACA) has enjoyed a five year auditing relationship with Berman Hopkins. During this period, our Authority converted our full 18-property portfolio to Project-Based Rental Assistance through HUD’s Rental Assistance Demonstration Program (RAD). This transition created significant additional complexities, which Berman Hopkins handled efficiently and with great skill. HACA also, during this period, expanded our portfolio of affordable housing properties and continued to serve as a Project-Based contract administrator for HUD in the states of Texas and Arkansas. In short, because of growth to our Authority and changes in our programs, HACA’s books are flexed and challenging. We have found Berman Hopkins to be a strong auditing partner for our Authority. We have high expectations around compliance, and meeting HUD and other auditing standards. Berman Hopkins assembled a strong team of professionals to complete our required audit, and throughout the year worked with our team to discuss the changing housing program landscape. They worked very well with our staff and board of commissioners, and we would recommend them to you unreservedly.”