Extension of time frames to file Annual Financial Statements
March 25, 2010
Extension of time frames to file Annual Financial Statements - FYE 12/21/2009
Due to system performance problems, many MF property owners have not been able to submit their financial statements due March 30, 2010 (for owners with a fiscal year end = 12/31). The Office of Asset Management has authorized REAC to implement a blanket 30 day extension for fiscal year end 12/31/2009 only. Owners/auditors do not have to request an extension in FASS; the extension will be automatically implemented. The new FASS due date is 04/30/2010. This also means that owners who submit on or before 4/30/2010 will not be referred to the DEC.
Please contact your HUD Project Manager if you have any questions.
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