FAC Explorer

Audit 378282

FY End
2025-03-31
Total Expended
$3.46M
Findings
1
Programs
2
Organization: Housing Authority of Crisfield (MD)
Year: 2025 Accepted: 2025-12-30
Auditor: SB & COMPANY LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1167283 2025-001 Material Weakness Yes A

Programs

ALN Program Spent Major Findings
14.872 PUBLIC HOUSING CAPITAL FUND $2.18M Yes 1
14.850 PUBLIC HOUSING OPERATING FUND $1.28M Yes 0

Contacts

Name Title Type
TWMLJCQAMKW7 Keyshia Wigenton Auditee
4109680288 Christopher Lehman Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of Federal awards (the "Schedule") includes the Federal award activity of the Authority under programs of the Federal government for the year ended March 31, 2025. 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 the Authority, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Authority.

Finding Details

Finding 2025-001
Reference Number: 2025-001 Federal Program: 14.872 – Public Housing Capital Fund Type of Finding: Noncompliance Repeat Finding: Yes – 2024-001 Criteria Public Housing Authorities are required to enter into depository agreements with their financial institutions using the HUD-519999 or a form required by HUD in the ACC. The agreements serve as safeguards for Federal funds a provide third-party rights to HUD. Condition The Authority could not provide depositor agreements with financial institutions holding Federal funds for the Authority. Questioned Costs None. Cause The Authority does not have depositor agreements with financial institutions holding Federal funds for the Authority. Effect The Authority should enter into depository agreements with all financial institutions holding Federal funds for the Authority. Recommendation The Authority should enter into depository agreements with all financial institutions holding Federal funds for the Authority. Management’s Response and Corrective Action Plan See schedule of corrective action plan.