File audits are required to determine if owners of multifamily rental housing developments funded under certain government programs are complying with federal and state regulations. These regulations include certifying the incomes of tenants, ensuring that rents charged are within program guidelines and ensuring that households meet requirements for program and project eligibility. 1. At developments designated by the Authority, selected contractor(s) shall perform file audits in accordance with Authority requirements. File audits may be performed in person or remotely using a secure file transfer method. Processes and forms required to provide services are subject to change following written notice by the Authority but shall not result in a material increase in the time necessary to complete the file audit. 2. Selected contractor(s) shall use Authority-approved language and format for letters, reports and forms (i.e., Scheduling Letters, File Audit Reports, etc.) and shall use Authority-designated software when conducting file audits and reporting file audit results.
