Eric Schmoldt is an Audit Director at Sorren with a specialized focus on low-income housing and HUD-assisted properties. With extensive experience working with LIHTC developments and regulatory compliance for HUD, USDA RD, IHDA, and MHDC programs, Eric supports both property management companies and general partners in maintaining accurate financial reporting and strengthening internal control processes. Known for his thoughtful and detail-oriented approach, Eric helps clients navigate the unique requirements of affordable housing audits while identifying opportunities to improve efficiency and reduce risk. He also brings prior experience auditing financial institutions, including banks and credit unions, which adds depth to his financial oversight capabilities. Clients value Eric’s ability to simplify complex reporting requirements and his willingness to jump in and solve problems quickly. One example: when a nonprofit based in Peru found itself out of compliance due to a missed review requirement, Eric and his team stepped in, completed the work swiftly and cost-effectively, and helped the organization get back on track.

Education:

• Bachelor’s Degree in Accounting – Northern Michigan University

Professional Designations / Civic Associations:

• Certified Public Accountant