On October 3, 2014 HUD published updated regulations and guidance with respect to financial reporting, .

Commencing December 2, 2014 Operators (or operators that are both an operator/owner) are required to submit quarterly operating statements with HUD within 60 calendar days following the end of the fiscal quarter and 90 calendar days following the end of the fiscal year.

HUD is in the process of developing a web-based portal for Operators to submit their (1) quarterly financial statements and (2) separately report a data subset of their quarterly financial information.