HUD updates accounting guidance for M2M restructured properties, issues new guidance on demo properties.

• Position: Regulatory matters

The Department of Housing and Urban Development Office of Affordable Housing Preservation issued the 2006 M2M Accounting Q&A's to property owners and accountants addressing issues, questions and problems unique to Mark-to-Market (M2M) restructured properties. The 2006 M2M Accounting Q&A document can be found at www.hud.gov/offices/hsg/omhar/owners /ipaltr06.pdf. Additionally, OAHP developed new DEMO Accounting...