Sample Documents
Audit Report and Financial Statement Format |
| Sample Report Introduction |
| Sample Financial Statements - Excel Format |
| Sample Footnotes - Word Format |
FASB Statement 144 -- Impairment Worksheets |
| Impairment Analysis |
| FASB 121 - Initial Analysis |
| FASB 121 - Discounted Analysis |
Tax Materials |
| Tax Return Checklist (use and submission is optional) |
| Electronic Work Papers |
| Reference Guide for Determining Eligible Basis |
| Sample Calculation for Determining Eligible Basis |
| Summary LIHTC Complicance Checklist |
Tax-Credit Carryover and Other Considerations |
| 10% Carryover Overview |
| 10% Test Document |
| 10% Test Pitfalls |
Tax Preparation and Compliance |
| Record Rentention Guidelines |
| Impact Fees Includable in Eligible Basis |
First-Year Credits and Elections |
| First-Year Credit Discussions |
| First-Year Credit Calculation Worksheet |
| First-Year Elections |
Featured Project: Verne Barry Place

Verne Barry Place is a creative example of building preservation and adaptation in Grand Rapids, Mich., designed to meet the needs of some of the area’s lowest-income residents. NEF invested $13.5 million on behalf of eight investors to fund this impressive "green" development.
The 116-unit supportive housing project, developed by Dwelling Place, Inc., features seven commercial spaces and serves homeless residents, including veterans.
View project profile.
NEF Project Portfolio >GO
Key Reporting Deadlines
November 30, 2009
Audit Engagement Letter
January 15, 2010
Waived Audit Documentation
February 15, 2010
Draft Financial Statements
Draft Tax Returns
February 28, 2010
Final 2009 Audit Report
Final 2009 Tax Return
Independence Letters
Analytical Review Support
