Six specialized financial disciplines for affordable housing.

Bedrock provides experienced CFO-level leadership tailored to public housing agencies and affordable housing organizations. We partner with executive directors and boards of commissioners to strengthen financial operations through strategic budgeting, accounting oversight, regulatory compliance, and clear, decision-ready financial reporting. For organizations with LIHTC units, Bedrock serves as the point of contact with the various stakeholders (investors, syndicators, state agencies) that require constant monthly, quarterly and annual reporting.

Whether your organization is struggling to recruit a qualified CFO with HUD and LIHTC expertise, preparing an internal candidate for a financial leadership role, or operating without the budget for a full-time CFO, Bedrock can bridge the gap. Our fractional CFO services provide the specialized knowledge, leadership, training, and ongoing support your organization needs—without the cost and long-term commitment of adding a full-time executive position.

Bedrock provides financial reporting support within the Energy and Performance Information Center (EPIC). We can work directly with staff through each annual Capital Fund Grant Award processing or complete the reporting independently from your physical needs assessment.

Additionally, we provide assistance in tracking capital fund grant revenue, monthly obligation and expenditure amounts, and preparing Capital Fund Program drawdowns within eLOCCS. Once Capital Fund Program grants are fully expended, we coordinate the Capital Fund grant closeout in EPIC.

Bedrock works with PHAs with HCV programs to ensure accurate financial reporting through the Voucher Management System (VMS). We reconcile monthly HAP expenses per the General Ledger to what is reported in VMS monthly. Our team works to accurately track your restricted and unrestricted net position and report those balances monthly to HUD as well.

Once assurance is obtained that VMS data is accurate, Bedrock provides strategic analysis of the Two-Year Tool to maximize utilization of the annual budget authority PHAs are awarded. This analysis can be provided as an ongoing meeting or through training of PHA staff.

Bedrock provides flexible, hands-on support to strengthen your organization’s finance department and supplement the capacity of your existing team. Where system capabilities and access permit, we can assist with accounts payable and payroll processing, as well as other essential accounting functions.

We also provide monthly, quarterly, and year-end general ledger closing support across properties and programs. Using Bedrock’s comprehensive pre-audit checklist, we help identify discrepancies, reconcile accounts, organize supporting documentation, and prepare accurate financial records—improving audit readiness and helping your organization remain on schedule throughout the year.

Bedrock partners with PHAs looking to convert their Low-Income Public Housing units to Project Based Vouchers or Project Based Rental Assistance through HUD’s Rental Assistance Demonstration (RAD). We aid in coordinating the Financing Plan submission process through the RAD Resource Desk.

Our focus is the operating proforma to provide guidance on what post conversion rental assistance is best suited for PHAs. Additionally, we assist in determining whether existing Capital Funds or outside financing will best address the capital improvements from the project’s Capital Needs Assessment.

Preparing to transition to Yardi Elevate or Yardi Voyager? Bedrock helps public housing agencies and affordable housing organizations navigate every stage of implementation—from initial configuration and system setup through testing and go-live.

A successful transition begins with a setup designed around your organization’s programs, financial structure, reporting requirements, and workflows. Our team works across departments to ensure the system supports both day-to-day operations and agency-wide financial reporting. With extensive Yardi and housing-industry experience, Bedrock helps your organization build a strong foundation, improve collaboration across departments, and achieve more accurate and meaningful reporting from the start.