by Emphasys Software | Nov 16, 2021 | HUD-Related Topics
Effective for fiscal years starting on or after July 1, 2021, all leases (with certain exceptions) will become Capital Leases if they have a term greater than 12 months. GASB 87 applies to both the lessee and the lessor. The determining factors are many and varied,...
by Emphasys Software | Aug 31, 2021 | Consulting, News
Know the financial impacts to your COCC as your business model changes When a PHA goes through the process of a RAD transition, most financial consultants are very much focused on the individual properties relative to their current and future state and making the...
by Emphasys Software | Aug 9, 2021 | Security
Working for a public housing authority is a noble cause. Whether it be Section 8 housing or a HUD development, you are providing a service to those who need a little help with their housing situation. And no one expects that such a benevolent group could be capable of...
by Emphasys Software | Jul 1, 2021 | HUD-Related Topics
While it appears the United States economy is finally beginning the long road to recovery, the personal financial impact on millions around the country continues to grow. After millions of Americans lost work during nationwide lockdowns, rental debt and eviction...
by Emphasys Software | Jun 18, 2021 | Blogs, HUD-Related Topics
As we begin to recover from a global pandemic, many across the nation are still facing rental debt and eviction filings. The Emergency Rental Assistance (ERA) Program is offering help for those who cannot pay their rent and utilities. ERA1 and ERA2 provide billions in...