FAC Explorer

Audit 32483

FY End
2022-06-30
Total Expended
$2.20M
Findings
0
Programs
5
Organization: Urban Restoration Enhancement Corporation (LA)
Year: 2022 Accepted: 2022-12-22
Auditor: John L McKowen CPA

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.239 Home Investment Partnerships Program $619,204 - 0
21.023 Emergency Rental Assistance Program $542,895 Yes 0
84.287 Twenty-First Century Community Learning Centers $423,379 Yes 0
14.218 Community Development Block Grants/entitlement Grants $91,887 - 0
14.252 Section 4 Capacity Building for Community Development and Affordable Housing $20,567 - 0

Contacts

Name Title Type
JMU7U1STL1E9 Carl Dillon Auditee
2253568871 John L McKowen Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: THE ACCOMPANYING SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS INCLUDES THE FEDERAL GRANT ACTIVITY OF URBAN RESTORATION ENHANCEMENT CORPORATION AND IS PRESENTED ON THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THEREFORE, SOME AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFER FROM THE AMOUNTS PRESENTED IN THE PREPARATION OF THE BASIC FINANCIAL STATEMENTS. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate. HOME INVESTMENT PARTNERSHIPS PROGRAM (14.239) - Balances outstanding at the end of the audit period were 454819. HOME INVESTMENT PARTNERSHIPS PROGRAM (14.239) - Balances outstanding at the end of the audit period were 1058404.