FAC Explorer

Audit 374018

FY End
2024-03-31
Total Expended
$1.06M
Findings
2
Programs
1
Organization: Corn Hill Housing Development Fund Corporation (NY)
Year: 2024 Accepted: 2025-12-11
Auditor: BONADIO & CO LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1164474 2024-002 Material Weakness Yes P
1164475 2024-002 Material Weakness Yes P

Programs

ALN Program Spent Major Findings
14.181 SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES $35,130 Yes 1

Contacts

Name Title Type
EFMZK63RVJ64 Seanelle Hawkins Auditee
5853266530 Michael Vollmer Auditor
No contacts on file

Notes to SEFA

The Corporation has received Section 811 capital advances from the U.S. Department of Housing and Urban Development’s Supportive Housing for Persons with Disabilities program (Assistance Listing No. 14.181). Under the terms of the capital advance agreements, the Corporation must continue to operate the project for the specified purpose for a period of 40 years. Failure to operate the project in accordance with the capital advance agreement would result in the Corporation being required to repay HUD the entire capital advance, plus interest, since the date of the first advance.

Finding Details

Finding 2024-002
Program U.S. Department of Housing and Urban Development (HUD) – Supportive Housing for Persons with Disabilities (Section 811) and Project Rental Assistance, Assistance Listing No. 14.181. Condition One tenant file was selected for testing and the following items were noted:  Form HUD-50059, Owner’s Certification of Compliance with HUD’s Tenant Eligibility and Rent Procedures was not signed  Move-in/move-out inspection form was not provided  Lease was not signed