UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 28, 2016

United Development Funding III, L.P.

(Exact Name of Registrant as Specified in Its Charter)

1301 Municipal Way, Suite 100, Grapevine, Texas
76051

(Address of principal executive offices)

(Zip Code)

(214) 370-8960

(Registrant’s telephone number, including area code)

None

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

On June 28, 2016, United Development Funding III, L.P. (the “Partnership”) engaged EisnerAmper LLP as the Partnership’s independent registered public accounting firm. During the years ended December 31, 2014 and 2015, and during the subsequent interim period through the date of this Current Report on Form 8-K, the Partnership did not consult with EisnerAmper LLP regarding (i) the application of accounting principles to a specified transaction, either completed or proposed, (ii) the type of audit opinion that might be rendered on the Partnership’s financial statements by EisnerAmper LLP, and neither a written report nor oral advice was provided to the Partnership that was an important factor considered by the Partnership in reaching a decision as to an accounting, auditing or financial reporting issue or (iii) any other matter that was the subject of a disagreement between the Partnership and its former independent registered public accounting firm or was a reportable event (as described in Item 304(a)(1)(iv) or Item 304(a)(1)(v) of Regulation S-K, respectively).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.