Community & Economic Development Accounting, Advisory, and Tax Services

AAFCPAs’ extensive experience with community economic development organizations makes us uniquely qualified to best serve you.

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We offer profit-enhancing professional advice on the financial issues common throughout this movement, sharing lessons learned in one community with similar organizations in other communities.

Funding Sources

AAFCPAs has extensive experience working with affordable housing projects and their financing sources, such as the US. Department of Housing and Urban Development (HUD), NeighborWorks America, state and local government agencies and regional nonprofits.

Compliance Audits

We are deeply rooted in all policies and procedures for meeting Financial Accounting Standards Board requirements, Uniform Guidance / Single Audit, and Uniform Financial Report (UFR) preparation and review.

Tax Credits Consulting

Our comprehensive knowledge of all new, existing, and changing applicable tax credits in the CED industry makes us uniquely qualified to provide valuable solutions. These include new markets tax credits, federal and state historic tax credits, tax credit exchange, tax credit assistance programs, and credits for use of alternative energy sources. We provide advisory services to limited partnerships/limited liability companies during exits at the end of tax credit compliance periods.

Tax Credit Transaction Consulting

Management Training

We provide specialized training and technical assistance specifically for your industry. We routinely present financial management workshops on topics such as budgeting, implementing financial and performance measurement systems and asset management.

Community Development Advisory

Accounting and Advisory for Community and Economic Development Corporations

AAFCPAs provides easy-to-understand, consolidated financial statements and separates operations from real estate development activities. This approach helps lenders and board members accurately evaluate the performance of individual entities and distinct lines of business.

We also offer examination of financial and personnel resource allocations, as well as guidance on exit plans for expiring projects to help minimize tax liability.

Hear from HPN’s Tom Bledsoe, President & CEO and Eric Chatman, CFO.

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Optimize Your Operations

Financial & Operational Solutions for Community Development Organizations

AAFCPAs’ extensive experience with community economic development organizations makes us uniquely qualified to best serve you. We provide audit, tax, and consulting services to community development corporations (CDCs), affordable housing and mixed-use real estate projects, and their lending institutions. Our clients consider us a best-value CPA firm because we provide that ideal combination of expertise, service, and price.

Outsourced Accounting & Fractional CFO

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Advisory

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Technical Accounting Advisory

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Matthew Troiano, CPA

Partner

Sorie M. Kaba, CPA

Partner

Matthew McGinnis, CPA

Partner

Nonprofit

2026 Nonprofit Educational Seminar On Demand

Nonprofit organizations continue to innovate and rethink how they plan, operate, and report. AAFCPAs’ 2026 Nonprofit Seminar sessions offer experienced perspectives you can employ across…

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Nonprofit

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Key takeaways: Proactive budgeting, forecasting, and scenario planning help organizations respond confidently to changing funding, costs, and program demands. Understanding the true cost of programs—including…

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