How Much Subsidy Is Your Property Leaving Unclaimed?
HUD-assisted properties can have thousands—or even hundreds of thousands—of dollars in subsidy tied up in historical voucher issues.
Missed Gross Rent Changes, unposted retroactive ARs, unresolved TRACS errors, delayed vouchers, and reconciliation issues can all result in revenue your property was entitled to receive but never collected.
Paulhus & Associates helps owners and management agents find and recover those dollars.
Real Recoveries. Real Impact.
Our Subsidy Recovery work has produced meaningful results for properties of different sizes and program types:
$500,000+ Recovered | New York City
We recovered more than $500,000 in back HAP by identifying and submitting Gross Rent Changes from previous years that had never been properly processed. The opportunity wasn’t driven by occupancy or routine AR cleanup—it was revenue hidden in the property’s history.
$167,374 in Delayed HAP | New Jersey
Paulhus helped an affordable housing property resolve its voucher issues and bring its HAP billing current, resulting in $167,374 in delayed HAP payments.
$45,000 Recovered | 10-Unit PRAC Property
At a small New England PRAC property, we identified unposted retroactive ARs tied to HAP adjustments. After reviewing the history and properly posting the adjustments, the ownership received approximately $45,000 in Adjusted HAP.
These cases demonstrate an important point: subsidy recovery opportunities aren’t limited to large properties or one type of voucher problem.
Where Does Unclaimed Subsidy Come From?
Properties can lose track of eligible HAP because of:
- Missed or improperly processed Gross Rent Changes
- Unposted retroactive ARs and HAP adjustments
- Unresolved TRACS errors
- Delayed or incomplete voucher submissions
- Historical certification errors
- HAP reconciliation discrepancies
- Management or staff transitions that leave older issues unresolved
A property can be current today while still having significant subsidy outstanding from prior months or years.
How Paulhus Helps
Our voucher specialists review your historical HAP activity to identify discrepancies and potential recovery opportunities.
When issues are found, we dig into the underlying transactions, review TRACS and reconciliation activity, reconstruct necessary corrections, submit retroactive certifications or adjustments, and follow the process through payment.
We don’t stop at identifying the problem. The goal is to recover the money.
Don’t Assume Approved Means Paid
Rent increases can be approved without being fully reflected in HAP. Adjustments can be created without being properly posted. Voucher issues can remain unresolved long after the original staff involved have moved on.
That’s why looking backward matters.
If your property has never had a historical subsidy review, there may be money worth recovering.
Find Out What HUD May Owe Your Property
Call (717) 274-5621 today and ask about a no-cost Subsidy Recovery analysis.
The subsidy may already have been earned. Let Paulhus & Associates help you find it and recover it.