FAC Explorer

Audit 384665

FY End
2025-06-30
Total Expended
$2.15M
Findings
1
Programs
3
Organization: Ehdoc Teamsters Residences, Inc. (FL)
Year: 2025 Accepted: 2026-01-30
Auditor: BELLOWS ASSOCIATES P A

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1171375 2025-001 Material Weakness Yes E

Programs

ALN Program Spent Major Findings
14.155 MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS $1.74M Yes 1
14.195 PROJECT-BASED RENTAL ASSISTANCE (PBRA) $396,758 Yes 0
14.191 MULTIFAMILY HOUSING SERVICE COORDINATORS $16,337 Yes 0

Contacts

Name Title Type
RULBZ7SNLMA8 Irene Phillips Auditee
9548359200 Jennifer R. Koffman Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (Schedule) includes the federal grant activity of EHDOC Teamsters Residences, Inc., HUD Project 042-11155, and is presented on the accrual basis of accounting. 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 EHDOC Teamsters Residences, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of EHDOC Teamsters Residences, Inc.
EHDOC Teamsters Residences, Inc. has received a HUD mortgage insurance for the refinancing of existing multifamily housing projects under Section 207 of the National Housing Act. The loan balance outstanding at the beginning of the year is included in the federal expenditures presented in the Schedule. EHDOC Teamsters Residences, Inc. received no additional loans during the year. The balance of the loan outstanding as of June 30, 2025 was $1,692,714.

Finding Details

Finding 2025-001
FINDING No. 2025-001: Section 207/223(f) Mortgage Insurance for the Refinancing of Existing Multifamily Housing Projects, ALN 14.155 Finding Resolution Status: Unresolved. Information on Universe Population Size: Fifty-three tenants. Sample Size Information: Ten tenants. Identification of Repeat Finding and Finding Reference Number: No. Criteria: HUD regulations require form HUD-50059 certifications to be signed prior to the effective date and for all tenants to have a background check completed with the results retained in the file. Statement of Condition: Of the files selected, two tenant form HUD-50059 certifications were signed after the effective date and one tenant file did not contain a completed background check. Cause: The Project did not perform the recertification process in a timely manner for two tenants and did not complete and/or retain a background check for one tenant. Effect or Potential Effect: Unable to verify tenant eligibility and cost of assistance may be disallowed. Auditor Non-Compliance Code: R – Section 8 Program Administration. Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor’s recommendations will be adopted. Recommendation: Management should implement procedures to ensure that HUD required tenant eligibility procedures are adhered to, and that all documentation is retained in the tenant files. Response Indicator: Agree. Completion Date: 06/30/2026 Response: Staff training has been provided with additional HUD training inclusive of recertification deadlines and background check documentation. Tenant file maintenance is stressed and included in monthly reporting procedures.