FAC Explorer

Audit 356227

FY End
2024-06-30
Total Expended
$3.77M
Findings
40
Programs
1
Organization: Affordable Housing Network, Inc. & Consolidated Entities (IA)
Year: 2024 Accepted: 2025-05-14
Auditor: Forge Financial and Management Consulting INC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
560314 2024-002 Material Weakness Yes P
560315 2024-002 Material Weakness Yes P
560316 2024-002 Material Weakness Yes P
560317 2024-002 Material Weakness Yes P
560318 2024-002 Material Weakness Yes P
560319 2024-002 Material Weakness Yes P
560320 2024-002 Material Weakness Yes P
560321 2024-002 Material Weakness Yes P
560322 2024-002 Material Weakness Yes P
560323 2024-002 Material Weakness Yes P
560324 2024-003 Material Weakness - E
560325 2024-003 Material Weakness - E
560326 2024-003 Material Weakness - E
560327 2024-003 Material Weakness - E
560328 2024-003 Material Weakness - E
560329 2024-003 Material Weakness - E
560330 2024-003 Material Weakness - E
560331 2024-003 Material Weakness - E
560332 2024-003 Material Weakness - E
560333 2024-003 Material Weakness - E
1136756 2024-002 Material Weakness Yes P
1136757 2024-002 Material Weakness Yes P
1136758 2024-002 Material Weakness Yes P
1136759 2024-002 Material Weakness Yes P
1136760 2024-002 Material Weakness Yes P
1136761 2024-002 Material Weakness Yes P
1136762 2024-002 Material Weakness Yes P
1136763 2024-002 Material Weakness Yes P
1136764 2024-002 Material Weakness Yes P
1136765 2024-002 Material Weakness Yes P
1136766 2024-003 Material Weakness - E
1136767 2024-003 Material Weakness - E
1136768 2024-003 Material Weakness - E
1136769 2024-003 Material Weakness - E
1136770 2024-003 Material Weakness - E
1136771 2024-003 Material Weakness - E
1136772 2024-003 Material Weakness - E
1136773 2024-003 Material Weakness - E
1136774 2024-003 Material Weakness - E
1136775 2024-003 Material Weakness - E

Programs

ALN Program Spent Major Findings
14.239 Home Investment Partnerships Program $76,221 Yes 2

Contacts

Name Title Type
MNABSCQDBP85 Steve Schuring Auditee
3193640259 Ross Van Laar Auditor
No contacts on file

Notes to SEFA

Title: 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 to reimbursement. De Minimis Rate Used: N Rate Explanation: AHNI has elected not to use the 10-percent 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 Affordance Housing Network, Inc. (AHNI) under programs of the federal government for the year ended June 30, 2024. 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, changes in net assets, or cash flows of AHNI.
Title: Subrecipients 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 to reimbursement. De Minimis Rate Used: N Rate Explanation: AHNI has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. There were no awards passed through to subrecipients.
Title: 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 to reimbursement. De Minimis Rate Used: N Rate Explanation: AHNI has elected not to use the 10-percent 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 payable to the Iowa Finance Authority and the City of Cedar Rapids and are reported at the beginning balances for the year ended June 30, 2024. These loans range from $139,254 to $1,177,976, do not require any payments and bear interest ranging from 0% to 4.90% with final payments due ranging from 2023 to 2030. Two of the notes were forgiven during the year ended June 30, 2024. Until the loans are repaid, the outstanding balances will be reported as federal expenditures due to the continuing compliance requirements included in the loan agreement. As of June 30, 2024, the remaining balance outstanding under the loans was $1,475,696.

Finding Details

Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-002
Noncompliance/Material Weakness: Auditing Finding 2024-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: AHNI did not complete and submit their audit for the year ended June 30, 2024 to the federal clearing house until after the March 31, 2025 deadline. 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. 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, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.
Finding 2024-003
Noncompliance/Material Weakness: Auditing Finding 2024-003 – Review of Tenant File Calculations for Errors Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program Condition: From the selections of tenant-based rental assistance for testing, the auditor noted two files with incorrect calculations of rental assistance. Criteria: Under the requirements of the major federal program tenant rental assistance is calculated using tenant asset and income verification procedures with a calculation applied to determine the level of assistance based on a tenant’s ability to pay. Incorrect calculations lead to variances from rental assistance allowed under the terms of the agreement. Cause: AHNI’s Assistant Property Manager is the primary team member responsible for assembling the tenant files and providing the information for requesting rental and security deposit assistance. The tenant files were processed without a review and the auditor noted no monitoring procedure in place to ensure calculations are performed and documented in accordance with the terms of the agreements. Effect or potential effect: Incorrect calculations could potentially impact future funding from government agencies. Questioned costs: None (immaterial) Context: From a sample of 26 rental/security deposit transactions (selected as individual tenant files), auditor noted 2 with incorrect or questioned calculations. On one file, employment income was omitted due to an error, which resulted a higher amount of rental assistance received than calculated by the auditor. On the second file, the calculated rental assistance was less than auditor calculation. Recommendation: We recommend management implement processes and controls to have a review of each tenant certification to ensure rental amounts are calculated correctly. View of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.