FAC Explorer

Audit 315780

FY End
2023-12-31
Total Expended
$1.89M
Findings
0
Programs
3
Organization: Catholic Housing Corporation of Northern Berks County (PA)
Year: 2023 Accepted: 2024-07-24
Auditor: Bbd 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 $1.49M Yes 0
14.856 Lower Income Housing Assistance Program_section 8 Moderate Rehabilitation $388,970 - 0
14.191 Multifamily Housing Service Coordinators $13,059 - 0

Contacts

Name Title Type
LKTUAV7LD723 Michael Heneghan Auditee
6108655595 Brian Page Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal grant activity of Catholic Housing Corporation of Northern Berks County d/b/a Queen of Angels Apartments (the "Organization") and is prepared using the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: The Organization has not elected to use the 10 percent de minimus indirect cost rate as allowed under the Uniform Guidance MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS (14.155) - Balances outstanding at the end of the audit period were 1435225.