News & Articles
The Community Benefits of Affordable Housing
The concept of affordable housing is more than just providing shelter to those with limited means. It plays a pivotal role in fostering strong, vibrant communities and yields numerous social,
The Benefits & Misconceptions of Affordable Housing
Affordable housing is not merely a shelter; it is a cornerstone of healthy communities and thriving societies. As urbanization accelerates and housing costs rise, the importance of accessible and reasonably
Hurricane Hillary
California, famous for its picturesque landscapes and idyllic weather, has rarely been associated with hurricanes. Nevertheless, the presence of Hurricane Hilary served as a reminder that the state's diverse regions
The Potential Positive Impact of HUD’s Expansion of the Moving to Work Demonstration Program
On July 31st, 2023, the U.S. Department of Housing and Urban Development (HUD) issued a press release, PIH NOTICE 2023-20, inviting public housing agencies (PHAs) to participate in the Moving
Unlocking Success: The Power of Incentive Pay in Driving Exceptional Performance (Part 2)
Missed our last Article? Click here to read about Unleashing the Power Within: How Balanced Scorecards Ignite Employee Motivation. Incentive pay programs are powerful motivators that many Housing Authorities use
Charting a Course for Success: Strategic Steps in Developing a Retirement & Succession Plan for Leadership Positions (Part 2)
Missed our last Article? Click here to read about Paving the Path to a Seamless Transition: The Importance of Retirement & Succession Planning for Leadership Positions. Developing a retirement and
Decisive Measures: Evaluating the Performance of Your Executive Director for Effective Decision Making (Part 2)
Missed our last Article? Click here to read about Guiding Your Housing Authority's Success: The Art of Hiring an Exceptional Executive Director. Evaluating the performance of your Executive Director is
Mastering the Art of Effective Meetings: Strategies for Productive Engagement with Your Housing Authority Board (Part 2)
Missed our last Article? Click here to read about Amplifying Collaboration: Unlocking the Power of Feedback for Stronger Board Relations. Effective meetings play a crucial role in fostering productive engagement
Amplifying Collaboration: Unlocking the Power of Feedback for Stronger Board Relations (Part 1)
Chad Porter, CPA, CFE CEO Building strong relationships within a board of directors is crucial for the success of any organization. One effective way to enhance collaboration and strengthen the
Guiding Your Housing Authority’s Success: The Art of Hiring an Exceptional Executive Director (Part 1)
Cole Monroe, MA, CPA Senior Manager Hiring an exceptional Executive Director is crucial for the success of your Housing Authority. This key leadership position requires a candidate with the right
Paving the Path to a Seamless Transition: The Importance of Retirement & Succession Planning for Leadership Positions (Part 1)
Douglas Englehart, MSA, CPA Principal This article highlights the significance of retirement and succession planning, emphasizing their benefits and key considerations for effective management of leadership transitions in a Housing
Unleashing the Power Within: How Balanced Scorecards Ignite Employee Motivation (Part 1)
Hannah Baldwin, SHRM-CP, Lean Six Sigma Green Belt, PAFM Firm Administrator Employee motivation is a key driver of HA success. Housing Authorities are using Balanced Scorecards to ignite motivation in
HUD Announces $30.3 Billion for Housing Authorities
The U.S. Department of Housing and Urban Development (HUD) today announced the availability of $30.3 billion for the Housing Choice Voucher (HCV) Program for 2023. This historic $2.9 billion (10.5
Smith Marion & Co and HUD accounting services: Understanding the relationship between our firm and HUD
One reason Smith Marion & Co. stands out from other accounting firms is that we proudly offer specialized auditing and review services to ensure that HUD accounting requirements for housing authorities remain up-to-date. What Is HUD
2023 Retirement Plan Limits for 401(k) and IRA
Retirement planning is an important aspect of financial management, and as we head into 2023, it’s essential to know the latest contribution limits for retirement plans such as 401(k) and
How the Solar Energy Credit Can Benefit Your Tax Returns
Solar panels have emerged as a popular alternative source of energy as people seek sustainable ways of living. The federal government supports this effort by offering a solar energy tax
Highlights from NPO Strategic Planning Workshop
We at Smith Marion were able to launch our NPO Strategic Planning Workshop on August 4th, 2022. Kendra Dockham and Hannah Baldwin led the seminar. Kendra has over 10 years
How to Avoid ERC Scams
ERC, or Employee Retention Credit, is a tax credit available to businesses that kept employees on payroll through the slowdowns and shutdowns that occurred as a result of the COVID-19
3 Important Areas of Business Growth That Occur Over Time
Overview: Common ways businesses develop over the years, and how your company compares Both for-profit and nonprofit companies develop over the years in ways they likely didn’t anticipate in the
Small Business Tips: How to Develop a Good Work-life Balance
Overview: Learn what a good work-life balance looks like and how to accomplish that for you and your team We hear a lot about work-life balance these days more than
Housing Authority Peer Group Review: 2022 Spring Connection Meeting Highlights
Overview: See what took place at the Spring Connection Meeting for housing authorities in Charleston, South Carolina this past May The Spring Connection Meeting took place in May this year
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