FAC Explorer

Audit 303378

FY End
2023-12-31
Total Expended
$2.20M
Findings
0
Programs
2
Organization: Jacobs Place Apartments Dba Jacobs Place 074-11032 (IA)
Year: 2023 Accepted: 2024-04-12
Auditor: Dauby O'Connor & Zaleski LLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.134 Mortgage Insurance_rental Housing $1.82M Yes 0
14.195 Section 8 Housing Assistance Payments Program $380,041 - 0

Contacts

Name Title Type
PJYPPCKS5FN6 Eric Lynner Auditee
5152438300 Jeffrey J. Lathrop 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 Corporation has elected to not use the 10% de minimis cost rate. Mortgage Insurance Rental Housing (14.134) - Balances outstanding at the end of the audit period were 1819656.