FAC Explorer

Audit 317014

FY End
2023-06-30
Total Expended
$4.09M
Findings
26
Programs
3
Organization: Affordable Housing Network, Inc. & Consolidated Entities (IA)
Year: 2023 Accepted: 2024-08-12
Auditor: Rsm US LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
480906 2023-002 Material Weakness - P
480907 2023-002 Material Weakness - P
480908 2023-002 Material Weakness - P
480909 2023-002 Material Weakness - P
480910 2023-002 Material Weakness - P
480911 2023-002 Material Weakness - P
480912 2023-002 Material Weakness - P
480913 2023-002 Material Weakness - P
480914 2023-002 Material Weakness - P
480915 2023-002 Material Weakness - P
480916 2023-002 Material Weakness - P
480917 2023-002 Material Weakness - P
480918 2023-002 Material Weakness - P
1057348 2023-002 Material Weakness - P
1057349 2023-002 Material Weakness - P
1057350 2023-002 Material Weakness - P
1057351 2023-002 Material Weakness - P
1057352 2023-002 Material Weakness - P
1057353 2023-002 Material Weakness - P
1057354 2023-002 Material Weakness - P
1057355 2023-002 Material Weakness - P
1057356 2023-002 Material Weakness - P
1057357 2023-002 Material Weakness - P
1057358 2023-002 Material Weakness - P
1057359 2023-002 Material Weakness - P
1057360 2023-002 Material Weakness - P

Programs

ALN Program Spent Major Findings
14.856 Lower Income Housing Assistance Program_section 8 Moderate Rehabilitation $355,475 - 1
14.195 Section 8 Housing Assistance Payments Program $65,896 - 1
14.239 Home Investment Partnerships Program $2,115 Yes 1

Contacts

Name Title Type
MNABSCQDBP85 Steve Schuring Auditee
3197842066 Patrick McConnell Auditor
No contacts on file

Notes to SEFA

Title: Note 1.          Basis of Presentation Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: AHNI has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Affordable Housing Network, Inc. and Consolidatated Entities (AHNI) under programs of the federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of AHNI, it is not intended to and does not present the financial position, functional expenses, changes in net assets or cash flows of AHNI.
Title: Note 2.          Summary of Significant Accounting Policies Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: AHNI has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. Expenditures recognized on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Note 3.          Indirect Cost Rate Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: AHNI has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. AHNI has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: Note 4.          Loans Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: AHNI has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. The HOME Investment Partnerships Program Loans included on the schedule of expenditures of federal awards are loans payable to the Iowa Finance Authority, City of Cedar Rapids as well as the Iowa Department of Economic Development. These loans range from $139,254 to $1,177,976 and do not require any payments and bear interest ranging from 0% to 4.90% with final payments due ranging from 2023 to 2030. Until the loans are repaid, the outstanding balances of $3,218,658 will be reported as federal expenditures due to the continuing compliance requirements included in the loan agreement.

Finding Details

Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2023-002
Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.