FAC Explorer

Audit 354046

FY End
2024-12-31
Total Expended
$8.27M
Findings
0
Programs
2
Organization: Union Avenue Baptist Housing Ministries, Inc. 081-11047 (TN)
Year: 2024 Accepted: 2025-04-21
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 $7.40M Yes 0
14.195 Section 8 Housing Assistance Payments Program $867,129 - 0

Contacts

Name Title Type
HXHKJ2STXRD6 Donald D. Ollio, Jr. Auditee
9013804900 Kenny Dennison Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances 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. Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects (Assistance Listing No. 14.155) The balance of the mortgage note payable as of December 31, 2024 is $7,322,534.