FAC Explorer

Audit 26130

FY End
2022-12-31
Total Expended
$1.16M
Findings
0
Programs
2
Organization: Miller Road Housing Development Fund Company, Inc. (NY)
Year: 2022 Accepted: 2023-04-11
Auditor: Bonadio & CO LLP

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 $944,394 Yes 0
14.195 Section 8 Housing Assistance Payments Program $1,853 - 0

Contacts

Name Title Type
LR54JJK6LHK8 Kyle Lyskawa Auditee
3154241821 Bettina Lipphardt Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: This schedule of expenditures of federal awards includes the federal grant activity of Miller RoadHousing Development Fund Company, Inc. (Rogers Senior Apartments), HUD Project No. 014-11187 (the Corporation), and is presented on the accrual basis of accounting. The information in thisschedule is presented in accordance with the requirements of Title 2 U.S. Code of FederalRegulations Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards. 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 922305.