Finding reference number: #2022-001 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: N ? Reserve for Replacements Deposits Finding resolution status: In process Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $961 Statement of condition #2022-001: The Corporation did not make $579 of the total required reserve for replacement deposits during the year ended March 31, 2022. Additionally, the Corporation did not make a required reserve for replacements deposit of $382 to correct the underfunded amount for the year ended March 31, 2021. Criteria: Section 26(c) of the PRAC requires monthly deposits into a separate reserve for replacements account. Effect or potential effect: The Corporation is not in compliance with the terms of the PRAC. At March 31, 2022, the reserve for replacements account is underfunded by $961. Cause: Management did not make the required monthly reserve for replacements deposits. Recommendation: Management should make all required deposits to the reserve for replacements fund. Management should transfer $961 from the operating account to the reserve for replacements fund. Completion date: March 31, 2023 Management response: Agreed. Management concurs with the finding and the auditor?s recommendation. The Corporation will make an additional deposit of $961 to the reserve for replacements fund.
Finding reference number: #2022-002 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: J ? Unauthorized management fees Finding resolution status: Cleared Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $1,122 Statement of condition #2022-002: For the year ended March 31, 2022, the Corporation paid management fees to the Agent in excess of the fees earned resulting in prepaid management fees of $1,122 at March 31, 2022. Criteria: The HUD approved management certification provides for the payment of management fees subsequent to collections. Effect or potential effect: The Corporation is not in compliance with the HUD approved management certification and the Corporation?s cash position at March 31, 2022 has been reduced by $1,122. This amount has been included in the computation of surplus cash, distributions, and residual receipts so to not understate the deposit due to residual receipts. Cause: The Corporation inadvertently paid fees in excess of amount earned. Recommendation: The Agent should repay the prepaid management fee balance. Completion date: July 20, 2022 Management response: The Corporation concurs with the finding and agrees with the auditor?s recommendation. The Agent repaid the prepaid management fees on July 20, 2022.
Finding reference number: #2022-003 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: R ? Section 8 Program Administration Finding resolution status: In process Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $18,942 Statement of condition #2022-003: For the year ended March 31, 2022, the Corporation received COVID-19 Supplemental Funds not related to the Property that totaled $18,942. Criteria: The program requirements provides for the receipt of funds related to the Property. Effect or potential effect: The Corporation is not in compliance with the program requirements. At March 31, 2022, $18,942 is payable to HUD or related parties who should obtain approval from HUD to receive these funds. Cause: The Corporation requested funding on behalf of related parties. Recommendation: The Agent should repay the amounts received on behalf of related parties to HUD or have the related parties contact HUD to obtain permission for the funds to be paid directly to the related parties. Completion date: March 31, 2023 Management response: The Corporation concurs with the finding and agrees with the auditor?s recommendation.
Finding reference number: #2022-001 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: N ? Reserve for Replacements Deposits Finding resolution status: In process Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $961 Statement of condition #2022-001: The Corporation did not make $579 of the total required reserve for replacement deposits during the year ended March 31, 2022. Additionally, the Corporation did not make a required reserve for replacements deposit of $382 to correct the underfunded amount for the year ended March 31, 2021. Criteria: Section 26(c) of the PRAC requires monthly deposits into a separate reserve for replacements account. Effect or potential effect: The Corporation is not in compliance with the terms of the PRAC. At March 31, 2022, the reserve for replacements account is underfunded by $961. Cause: Management did not make the required monthly reserve for replacements deposits. Recommendation: Management should make all required deposits to the reserve for replacements fund. Management should transfer $961 from the operating account to the reserve for replacements fund. Completion date: March 31, 2023 Management response: Agreed. Management concurs with the finding and the auditor?s recommendation. The Corporation will make an additional deposit of $961 to the reserve for replacements fund.
Finding reference number: #2022-002 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: J ? Unauthorized management fees Finding resolution status: Cleared Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $1,122 Statement of condition #2022-002: For the year ended March 31, 2022, the Corporation paid management fees to the Agent in excess of the fees earned resulting in prepaid management fees of $1,122 at March 31, 2022. Criteria: The HUD approved management certification provides for the payment of management fees subsequent to collections. Effect or potential effect: The Corporation is not in compliance with the HUD approved management certification and the Corporation?s cash position at March 31, 2022 has been reduced by $1,122. This amount has been included in the computation of surplus cash, distributions, and residual receipts so to not understate the deposit due to residual receipts. Cause: The Corporation inadvertently paid fees in excess of amount earned. Recommendation: The Agent should repay the prepaid management fee balance. Completion date: July 20, 2022 Management response: The Corporation concurs with the finding and agrees with the auditor?s recommendation. The Agent repaid the prepaid management fees on July 20, 2022.
Finding reference number: #2022-003 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: R ? Section 8 Program Administration Finding resolution status: In process Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $18,942 Statement of condition #2022-003: For the year ended March 31, 2022, the Corporation received COVID-19 Supplemental Funds not related to the Property that totaled $18,942. Criteria: The program requirements provides for the receipt of funds related to the Property. Effect or potential effect: The Corporation is not in compliance with the program requirements. At March 31, 2022, $18,942 is payable to HUD or related parties who should obtain approval from HUD to receive these funds. Cause: The Corporation requested funding on behalf of related parties. Recommendation: The Agent should repay the amounts received on behalf of related parties to HUD or have the related parties contact HUD to obtain permission for the funds to be paid directly to the related parties. Completion date: March 31, 2023 Management response: The Corporation concurs with the finding and agrees with the auditor?s recommendation.
Finding reference number: #2022-001 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: N ? Reserve for Replacements Deposits Finding resolution status: In process Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $961 Statement of condition #2022-001: The Corporation did not make $579 of the total required reserve for replacement deposits during the year ended March 31, 2022. Additionally, the Corporation did not make a required reserve for replacements deposit of $382 to correct the underfunded amount for the year ended March 31, 2021. Criteria: Section 26(c) of the PRAC requires monthly deposits into a separate reserve for replacements account. Effect or potential effect: The Corporation is not in compliance with the terms of the PRAC. At March 31, 2022, the reserve for replacements account is underfunded by $961. Cause: Management did not make the required monthly reserve for replacements deposits. Recommendation: Management should make all required deposits to the reserve for replacements fund. Management should transfer $961 from the operating account to the reserve for replacements fund. Completion date: March 31, 2023 Management response: Agreed. Management concurs with the finding and the auditor?s recommendation. The Corporation will make an additional deposit of $961 to the reserve for replacements fund.
Finding reference number: #2022-002 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: J ? Unauthorized management fees Finding resolution status: Cleared Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $1,122 Statement of condition #2022-002: For the year ended March 31, 2022, the Corporation paid management fees to the Agent in excess of the fees earned resulting in prepaid management fees of $1,122 at March 31, 2022. Criteria: The HUD approved management certification provides for the payment of management fees subsequent to collections. Effect or potential effect: The Corporation is not in compliance with the HUD approved management certification and the Corporation?s cash position at March 31, 2022 has been reduced by $1,122. This amount has been included in the computation of surplus cash, distributions, and residual receipts so to not understate the deposit due to residual receipts. Cause: The Corporation inadvertently paid fees in excess of amount earned. Recommendation: The Agent should repay the prepaid management fee balance. Completion date: July 20, 2022 Management response: The Corporation concurs with the finding and agrees with the auditor?s recommendation. The Agent repaid the prepaid management fees on July 20, 2022.
Finding reference number: #2022-003 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: R ? Section 8 Program Administration Finding resolution status: In process Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $18,942 Statement of condition #2022-003: For the year ended March 31, 2022, the Corporation received COVID-19 Supplemental Funds not related to the Property that totaled $18,942. Criteria: The program requirements provides for the receipt of funds related to the Property. Effect or potential effect: The Corporation is not in compliance with the program requirements. At March 31, 2022, $18,942 is payable to HUD or related parties who should obtain approval from HUD to receive these funds. Cause: The Corporation requested funding on behalf of related parties. Recommendation: The Agent should repay the amounts received on behalf of related parties to HUD or have the related parties contact HUD to obtain permission for the funds to be paid directly to the related parties. Completion date: March 31, 2023 Management response: The Corporation concurs with the finding and agrees with the auditor?s recommendation.
Finding reference number: #2022-001 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: N ? Reserve for Replacements Deposits Finding resolution status: In process Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $961 Statement of condition #2022-001: The Corporation did not make $579 of the total required reserve for replacement deposits during the year ended March 31, 2022. Additionally, the Corporation did not make a required reserve for replacements deposit of $382 to correct the underfunded amount for the year ended March 31, 2021. Criteria: Section 26(c) of the PRAC requires monthly deposits into a separate reserve for replacements account. Effect or potential effect: The Corporation is not in compliance with the terms of the PRAC. At March 31, 2022, the reserve for replacements account is underfunded by $961. Cause: Management did not make the required monthly reserve for replacements deposits. Recommendation: Management should make all required deposits to the reserve for replacements fund. Management should transfer $961 from the operating account to the reserve for replacements fund. Completion date: March 31, 2023 Management response: Agreed. Management concurs with the finding and the auditor?s recommendation. The Corporation will make an additional deposit of $961 to the reserve for replacements fund.
Finding reference number: #2022-002 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: J ? Unauthorized management fees Finding resolution status: Cleared Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $1,122 Statement of condition #2022-002: For the year ended March 31, 2022, the Corporation paid management fees to the Agent in excess of the fees earned resulting in prepaid management fees of $1,122 at March 31, 2022. Criteria: The HUD approved management certification provides for the payment of management fees subsequent to collections. Effect or potential effect: The Corporation is not in compliance with the HUD approved management certification and the Corporation?s cash position at March 31, 2022 has been reduced by $1,122. This amount has been included in the computation of surplus cash, distributions, and residual receipts so to not understate the deposit due to residual receipts. Cause: The Corporation inadvertently paid fees in excess of amount earned. Recommendation: The Agent should repay the prepaid management fee balance. Completion date: July 20, 2022 Management response: The Corporation concurs with the finding and agrees with the auditor?s recommendation. The Agent repaid the prepaid management fees on July 20, 2022.
Finding reference number: #2022-003 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: R ? Section 8 Program Administration Finding resolution status: In process Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $18,942 Statement of condition #2022-003: For the year ended March 31, 2022, the Corporation received COVID-19 Supplemental Funds not related to the Property that totaled $18,942. Criteria: The program requirements provides for the receipt of funds related to the Property. Effect or potential effect: The Corporation is not in compliance with the program requirements. At March 31, 2022, $18,942 is payable to HUD or related parties who should obtain approval from HUD to receive these funds. Cause: The Corporation requested funding on behalf of related parties. Recommendation: The Agent should repay the amounts received on behalf of related parties to HUD or have the related parties contact HUD to obtain permission for the funds to be paid directly to the related parties. Completion date: March 31, 2023 Management response: The Corporation concurs with the finding and agrees with the auditor?s recommendation.
Finding reference number: #2022-001 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: N ? Reserve for Replacements Deposits Finding resolution status: In process Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $961 Statement of condition #2022-001: The Corporation did not make $579 of the total required reserve for replacement deposits during the year ended March 31, 2022. Additionally, the Corporation did not make a required reserve for replacements deposit of $382 to correct the underfunded amount for the year ended March 31, 2021. Criteria: Section 26(c) of the PRAC requires monthly deposits into a separate reserve for replacements account. Effect or potential effect: The Corporation is not in compliance with the terms of the PRAC. At March 31, 2022, the reserve for replacements account is underfunded by $961. Cause: Management did not make the required monthly reserve for replacements deposits. Recommendation: Management should make all required deposits to the reserve for replacements fund. Management should transfer $961 from the operating account to the reserve for replacements fund. Completion date: March 31, 2023 Management response: Agreed. Management concurs with the finding and the auditor?s recommendation. The Corporation will make an additional deposit of $961 to the reserve for replacements fund.
Finding reference number: #2022-002 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: J ? Unauthorized management fees Finding resolution status: Cleared Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $1,122 Statement of condition #2022-002: For the year ended March 31, 2022, the Corporation paid management fees to the Agent in excess of the fees earned resulting in prepaid management fees of $1,122 at March 31, 2022. Criteria: The HUD approved management certification provides for the payment of management fees subsequent to collections. Effect or potential effect: The Corporation is not in compliance with the HUD approved management certification and the Corporation?s cash position at March 31, 2022 has been reduced by $1,122. This amount has been included in the computation of surplus cash, distributions, and residual receipts so to not understate the deposit due to residual receipts. Cause: The Corporation inadvertently paid fees in excess of amount earned. Recommendation: The Agent should repay the prepaid management fee balance. Completion date: July 20, 2022 Management response: The Corporation concurs with the finding and agrees with the auditor?s recommendation. The Agent repaid the prepaid management fees on July 20, 2022.
Finding reference number: #2022-003 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: R ? Section 8 Program Administration Finding resolution status: In process Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $18,942 Statement of condition #2022-003: For the year ended March 31, 2022, the Corporation received COVID-19 Supplemental Funds not related to the Property that totaled $18,942. Criteria: The program requirements provides for the receipt of funds related to the Property. Effect or potential effect: The Corporation is not in compliance with the program requirements. At March 31, 2022, $18,942 is payable to HUD or related parties who should obtain approval from HUD to receive these funds. Cause: The Corporation requested funding on behalf of related parties. Recommendation: The Agent should repay the amounts received on behalf of related parties to HUD or have the related parties contact HUD to obtain permission for the funds to be paid directly to the related parties. Completion date: March 31, 2023 Management response: The Corporation concurs with the finding and agrees with the auditor?s recommendation.
Finding reference number: #2022-001 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: N ? Reserve for Replacements Deposits Finding resolution status: In process Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $961 Statement of condition #2022-001: The Corporation did not make $579 of the total required reserve for replacement deposits during the year ended March 31, 2022. Additionally, the Corporation did not make a required reserve for replacements deposit of $382 to correct the underfunded amount for the year ended March 31, 2021. Criteria: Section 26(c) of the PRAC requires monthly deposits into a separate reserve for replacements account. Effect or potential effect: The Corporation is not in compliance with the terms of the PRAC. At March 31, 2022, the reserve for replacements account is underfunded by $961. Cause: Management did not make the required monthly reserve for replacements deposits. Recommendation: Management should make all required deposits to the reserve for replacements fund. Management should transfer $961 from the operating account to the reserve for replacements fund. Completion date: March 31, 2023 Management response: Agreed. Management concurs with the finding and the auditor?s recommendation. The Corporation will make an additional deposit of $961 to the reserve for replacements fund.
Finding reference number: #2022-002 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: J ? Unauthorized management fees Finding resolution status: Cleared Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $1,122 Statement of condition #2022-002: For the year ended March 31, 2022, the Corporation paid management fees to the Agent in excess of the fees earned resulting in prepaid management fees of $1,122 at March 31, 2022. Criteria: The HUD approved management certification provides for the payment of management fees subsequent to collections. Effect or potential effect: The Corporation is not in compliance with the HUD approved management certification and the Corporation?s cash position at March 31, 2022 has been reduced by $1,122. This amount has been included in the computation of surplus cash, distributions, and residual receipts so to not understate the deposit due to residual receipts. Cause: The Corporation inadvertently paid fees in excess of amount earned. Recommendation: The Agent should repay the prepaid management fee balance. Completion date: July 20, 2022 Management response: The Corporation concurs with the finding and agrees with the auditor?s recommendation. The Agent repaid the prepaid management fees on July 20, 2022.
Finding reference number: #2022-003 Assistance Listing title and number (federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing No. 14.181 (101-HD029 and 2004) Auditor non-compliance code: R ? Section 8 Program Administration Finding resolution status: In process Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $18,942 Statement of condition #2022-003: For the year ended March 31, 2022, the Corporation received COVID-19 Supplemental Funds not related to the Property that totaled $18,942. Criteria: The program requirements provides for the receipt of funds related to the Property. Effect or potential effect: The Corporation is not in compliance with the program requirements. At March 31, 2022, $18,942 is payable to HUD or related parties who should obtain approval from HUD to receive these funds. Cause: The Corporation requested funding on behalf of related parties. Recommendation: The Agent should repay the amounts received on behalf of related parties to HUD or have the related parties contact HUD to obtain permission for the funds to be paid directly to the related parties. Completion date: March 31, 2023 Management response: The Corporation concurs with the finding and agrees with the auditor?s recommendation.