FAC Explorer

Audit 289368

FY End
2023-06-30
Total Expended
$1.42M
Findings
0
Programs
2
Organization: Franklin-Vance-Warren-Wilson Housing of Wilson, Inc. (SC)
Year: 2023 Accepted: 2024-02-08
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 $1.15M Yes 0
14.195 Section 8 Housing Assistance Payments Program $265,253 - 0

Contacts

Name Title Type
VHDDHMNAPJ44 Richie Rojek Auditee
3366441262 Christopher J. Petesch Auditor
No contacts on file

Notes to SEFA

Title: Note 3 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 Corporation has elected to not use the 10% de minimis cost rate. The balance of the HUD Section 207 pursuant to Section 223(f) mortgage note payable at June 30, 2023 is $1,111,806.