FAC Explorer

Audit 38422

FY End
2022-12-31
Total Expended
$220.94M
Findings
0
Programs
13
Organization: Housing Authority of the County of King (WA)
Year: 2022 Accepted: 2023-09-29
Auditor: Cohnreznick LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.879 Mainstream Vouchers $12.39M - 0
14.871 Section 8 Housing Choice Vouchers $8.21M - 0
14.881 Moving to Work Demonstration Program $4.46M Yes 0
93.568 Low-Income Home Energy Assistance $1.35M - 0
21.023 Emergency Rental Assistance Program $1.17M - 0
10.415 Rural Rental Housing Loans $782,484 - 0
81.042 Weatherization Assistance for Low-Income Persons $654,264 - 0
10.427 Rural Rental Assistance Payments $586,233 - 0
14.896 Family Self-Sufficiency Program $496,943 - 0
14.218 Community Development Block Grants/entitlement Grants $435,894 - 0
14.195 Section 8 Housing Assistance Payments Program $434,266 - 0
14.856 Lower Income Housing Assistance Program_section 8 Moderate Rehabilitation $100,546 - 0
14.870 Resident Opportunity and Supportive Services - Service Coordinators $99,609 - 0

Contacts

Name Title Type
LGMRK6TSCLT4 Tesh Assefa Auditee
2065741182 Eric Rumberger Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: The Schedule of Financial Assistance is prepared on the same basis of accounting as the King County Housing Authoritys financial statements. (See Note 1 in the Notes to the Financial Statements.) De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. RURAL RENTAL HOUSING LOANS (10.415) - Balances outstanding at the end of the audit period were 729662.
Title: RURAL RENTAL ASSISTANCE PAYMENTS Accounting Policies: The Schedule of Financial Assistance is prepared on the same basis of accounting as the King County Housing Authoritys financial statements. (See Note 1 in the Notes to the Financial Statements.) De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The rental assistance payments shown represents the total of rental assistance received that is determined by netting theapproved basic rent for the shelter and tenant contributions.