Audit 388708

FY End
2025-06-30
Total Expended
$1.11M
Findings
1
Programs
1
Organization: Crystal Run Owner Corporation V (NY)
Year: 2025 Accepted: 2026-02-24
Auditor: BONADIO & CO LLP

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
1175084 2025-001 Material Weakness Yes N

Programs

ALN Program Spent Major Findings
14.181 SUPPORTIVE HOUSING FOR THE ELDERLY $1.11M Yes 1

Contacts

Name Title Type
DHLXNEJ1R8F5 Audra Coon Auditee
8456924444 Bettina Lipphardt Auditor
No contacts on file

Finding Details

Finding 2025-001: Supportive Housing for Persons with Disabilities, Federal Assistance Listing Number 14.181 Criteria: HUD requires entities to accurately report occupancy and adjust monthly HUD vouchers to exclude units where tenants have vacated. HUD’s Tenant Rental Assistance Certification System (TRACS) guidance requires removal of subsidy for vacated units effective the day after move-out. Condition: During our testing of HUD vouchers for the year ended June 30, 2025, we noted one tenant move-out during the year. The Organization continued to voucher for an additional month after the move-out. This amount was subsequently adjusted once the vacated unit was reported to the Finance Department. Context: There was one move-out during the year. Cause: The formal control related to reporting of move-outs was not followed. Effect: The Organization received funding in advance of services being provided. Recommendation: We recommend that new procedures be implemented to ensure move-outs are timely reported. Views of management and planned corrective action: Management concurs. We will implement a move-out notification workflow.