FAC Explorer

Audit 351478

FY End
2024-06-30
Total Expended
$7.34M
Findings
0
Programs
4
Organization: Housing Initiative Partnership INC (MD)
Year: 2024 Accepted: 2025-03-31
Auditor: Dauby O'Connor & Zaleski LLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.239 Home Investment Partnerships Program $750,000 Yes 0
14.267 Continuum of Care Program $279,883 - 0
14.169 Housing Counseling Assistance Program $53,525 - 0
14.218 Community Development Block Grants/entitlement Grants $32,614 - 0

Contacts

Name Title Type
S5L4AVJ48B59 Stephanie Prange Proestel Auditee
3016993870 Kraig Sanders 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: Y Rate Explanation: The Corporation elected to not use the 10% de minimis cost rate. The balance of the Home Investments Partnership Program as of June 30, 2024 is $6,236,591.