FAC Explorer

Audit 358077

FY End
2024-12-31
Total Expended
$1.39M
Findings
2
Programs
1
Organization: Independent Housing I, Inc. - Independence House 023-Eh-020 (MA)
Year: 2024 Accepted: 2025-06-04
Auditor: Burkhart Pizzanelli PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
563860 2024-001 - - E
1140302 2024-001 - - E

Programs

ALN Program Spent Major Findings
14.195 Section 8 Housing Assistance Payments Program $1.39M Yes 1

Contacts

Name Title Type
EKE5FF28QQR7 Bryan Joyce Auditee
4135254321 Julie Quink Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: The schedule of expenditures of federal awards is prepared 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 as to reimbursement. The Project has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The Project did not pass-through any federal funds to a subrecipient in 2024. De Minimis Rate Used: N Rate Explanation: The Project has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards includes the federal award activity of Independent Housing I, Inc., HUD Project No. 023-EH-020-Independence House. 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 Independent Housing, I, Inc., HUD Project No. 023-EH-020-Independence House, it is not intended to and does not present the financial position, change in net assets, or cash flows of Independent Housing, I, Inc., HUD Project No. 023-EH-020-Independence House.
Title: Summary of Significant Accounting Policies Accounting Policies: The schedule of expenditures of federal awards is prepared 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 as to reimbursement. The Project has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The Project did not pass-through any federal funds to a subrecipient in 2024. De Minimis Rate Used: N Rate Explanation: The Project has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The schedule of expenditures of federal awards is prepared 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 as to reimbursement. The Project has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The Project did not pass-through any federal funds to a subrecipient in 2024.

Finding Details

Finding 2024-001
FINDINGS - MAJOR FEDERAL AWARD PROGRAMS AUDIT Department of Housing and Urban Development Finding 2024-001: Major Programs: Section 8 Housing Assistance Payments Program, Federal Assistance Listing Number 14.195 STATEMENT OF CONDITION 2 tenant files, out of 16 files reviewed, had the following items noted: • 1 file did not contain the tenant application in the file; • 1 file did not contain the time-stamp on the tenant application; • 1 file did not include the move-in inspection report; • 1 file did not contain a copy of the tenant social security card; • 1 file did not contain the ethnicity and racial data certification form; • 2 files did not contain the citizenship verification form. CRITERIA HUD Handbook 4350.3 Revision 1 for HUD Subsidized Multifamily Housing Programs requires owners to have appropriate documents on file for tenants, including a date and time-stamped application, copies of social security cards, citizenship verification form, ethnicity and racial data certification form, and inspections. EFFECT OF CONDITION 2 tenant files, out of 16 files reviewed, had the above items noted. CONTEXT During audit fieldwork, 16 tenant files from a statistically valid sample were examined for compliance with tenant eligibility criteria. Of the 16 tenant files examined, 2 tenant files contained one or more of the items noted above. CAUSE OF CONDITION Management archives original documentation for long-term tenants and was not able to locate these folders at time of inspection. RECOMMENDATION The auditor recommends the Project organize the archived tenant information and include original information in the active tenant files. VIEWS OF RESPONSIBLE OFFICIALS AND PLANNED CORRECTIVE ACTIONS The Project will be organizing the archived tenant information and including the original information in the active tenant files. The Project will continue to train staff on the HUD Handbook requirements for tenant files.
Finding 2024-001
FINDINGS - MAJOR FEDERAL AWARD PROGRAMS AUDIT Department of Housing and Urban Development Finding 2024-001: Major Programs: Section 8 Housing Assistance Payments Program, Federal Assistance Listing Number 14.195 STATEMENT OF CONDITION 2 tenant files, out of 16 files reviewed, had the following items noted: • 1 file did not contain the tenant application in the file; • 1 file did not contain the time-stamp on the tenant application; • 1 file did not include the move-in inspection report; • 1 file did not contain a copy of the tenant social security card; • 1 file did not contain the ethnicity and racial data certification form; • 2 files did not contain the citizenship verification form. CRITERIA HUD Handbook 4350.3 Revision 1 for HUD Subsidized Multifamily Housing Programs requires owners to have appropriate documents on file for tenants, including a date and time-stamped application, copies of social security cards, citizenship verification form, ethnicity and racial data certification form, and inspections. EFFECT OF CONDITION 2 tenant files, out of 16 files reviewed, had the above items noted. CONTEXT During audit fieldwork, 16 tenant files from a statistically valid sample were examined for compliance with tenant eligibility criteria. Of the 16 tenant files examined, 2 tenant files contained one or more of the items noted above. CAUSE OF CONDITION Management archives original documentation for long-term tenants and was not able to locate these folders at time of inspection. RECOMMENDATION The auditor recommends the Project organize the archived tenant information and include original information in the active tenant files. VIEWS OF RESPONSIBLE OFFICIALS AND PLANNED CORRECTIVE ACTIONS The Project will be organizing the archived tenant information and including the original information in the active tenant files. The Project will continue to train staff on the HUD Handbook requirements for tenant files.