FAC Explorer

Audit 17640

FY End
2022-12-31
Total Expended
$2.04M
Findings
0
Programs
3
Organization: Wesley Homes Inc. - Dyersburg 081-11077 (TN)
Year: 2022 Accepted: 2023-09-28
Auditor: Dauby O'Connor & Zaleski LLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.155 Mortgage Insurance for the Purchase Or Refinancing of Existing Multifamily Housing Projects $1.72M Yes 0
14.191 Multifamily Housing Service Coordinators $34,682 - 0
14.195 Section 8 Housing Assistance Payments Program $810 - 0

Contacts

Name Title Type
ED4JMLJKR6U7 Donald D. Ollio, Jr. Auditee
9013804900 Kenny Dennison Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: The schedule of expenditures of federal awards is prepared on the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS (14.155) - Balances outstanding at the end of the audit period were 1669249.