FAC Explorer

Audit 320298

FY End
2023-12-31
Total Expended
$7.32M
Findings
0
Programs
2
Organization: Telacu Housing-Hawthorne, Inc. Dba Telacu Terrace 122-11369 (CA)
Year: 2023 Accepted: 2024-09-22
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 $6.52M Yes 0
14.195 Project Based Rental Assistance $800,506 - 0

Contacts

Name Title Type
HX5KQGE6K7K1 Tom Provencio Auditee
3237211655 Claire Baker 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 mortgage loan at December 31, 2023 is $6,370,158.