FAC Explorer

Audit 372389

FY End
2025-03-31
Total Expended
$1.31M
Findings
1
Programs
3
Organization: Housing Authority of Lawrence County (KY)
Year: 2025 Accepted: 2025-11-20
Auditor: SK LEE CPAS PSC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1162757 2025-001 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
14.871 SECTION 8 HOUSING CHOICE VOUCHERS $630,788 Yes 0
14.872 PUBLIC HOUSING CAPITAL FUND $405,476 Yes 1
14.850 PUBLIC HOUSING OPERATING FUND $278,334 Yes 0

Contacts

Name Title Type
JKEZSNUUFQG3 Cindy Bowen Auditee
6066389414 Sammy K. Lee Auditor
No contacts on file

Notes to SEFA

None

Finding Details

Finding 2025-001
2025–001 AMCC NOT SUBMITTED WITHIN 90 DAYS Condition: The Housing Authority did not submit HUD From 53001, Actual Modernization Cost Certificate (AMCC), within 90 days after the Expenditure End Date for its Capital Fund Projects for 2021, 2022, and 2023. Criteria: According to 24 CFR 905.324, for modernization projects, the Housing Authority is required to submit the AMCC within 90 days after the Expenditure End Date. To initiate the closeout process, the Housing Authority shall submit the AMCC which details actual costs incurred between the Date of Full Availability (DOFA) and the completion of the modernization project. Cause: Uknown. Effect: Failure to timely submit the AMCC delays HUD’s grant closeout process and final acceptance of project expenditures. This may result in delays in releasing future Capital Fund allocations, inaccurate reporting of program expenditures, and noncompliance with HUD reporting requirements. Recommendation: We recommend that the PHA implement internal control procedures to ensure compliance with HUD reporting deadlines. Views of Responsible Officials: Management concurs with the finding.