Accountants
Project Financial and Tax Reporting Requirements
Timely and accurate financial reporting is critical to tax-credit financed housing. It helps ensure that projects are in
compliance with lender, investor and state and federal taxing authority requirements and helps guarantee that investors
receive the credits that have been purchased. By 
working together, we can meet the challenging reporting requirements
to the benefit of all parties involved.
We Are Here to Help
NEF, Inc. works closely with project sponsors, property managers and their CPAs to make the process as simple as possible. Certain standard audit and tax letters, work papers and schedules are available in an electronic format to help you efficiently and effectively comply with our mutual year-end reporting goals.
Questions?
If you have questions regarding the documents on the website or have any problems downloading or viewing them, please email the Year-End Reporting Department at yereporting@nefinc.org.
Featured Project: Near North
This five-story, 96-unit building in Chicago takes a fresh approach to SRO development with a remarkable design by noted architect Helmut Jahn.
Near North features many “green” elements rarely found in affordable housing developments, including aeroturbines, solar thermal collectors, a grey water system and recycled rainwater. Sponsor Mercy Lakefront, provides on-site supportive services that help formerly homeless residents reclaim their independence.
View project profile.
NEF Project Portfolio >GO
Key Reporting Deadlines
Nov. 30, 2007
Audit and Tax Engagement Letter
Before Feb. 15, 2008
Draft Partnership Financial Statements and Tax Returns
for NEF, Inc. Review
Before Feb. 28, 2008
Independence Letters, Peer Reviews and Workpapers
FINAL Audited Financial
Statements with signed
opinion and Tax
Returns