FAC Explorer

Audit 382146

FY End
2025-06-30
Total Expended
$8.84M
Findings
2
Programs
3
Organization: New Hope Voa Elderly Housing, Inc. (north Park Plaza) (LA)
Year: 2025 Accepted: 2026-01-15
Auditor: MADDOX & ASSOCIATES APC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1169224 2025-001 Material Weakness Yes C
1169225 2025-002 Material Weakness Yes C

Programs

ALN Program Spent Major Findings
14.155 MORTGAGE INSURANCE_RENTAL AND COOPERATIVE HOUSING FOR MODERATE INCOME FAMILIES AND ELDERLY, MARKET INTEREST RATE $3.91M Yes 2
14.314 ASSISTED LIVING CONVERSION FOR ELIGIBLE MULTIFAMILY HOUSING PROJECTS $3.88M Yes 0
14.195 SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM $1.05M Yes 0

Contacts

Name Title Type
VJJUCYUMJS95 Vanessa, Tran Auditee
7033415011 Jeff Maddox Auditor
No contacts on file

Finding Details

Finding 2025-001
The project did not offset the monthly Section 8 Housing Assistance Payments.
Finding 2025-002
Surplus cash was not deposited into the Residual Receipts account within 90 days.