FAC Explorer

Audit 39128

FY End
2022-05-31
Total Expended
$5.33M
Findings
0
Programs
2
Organization: J.t. Hairston Memorial Apartments INC (NC)
Year: 2022 Accepted: 2022-11-27
Auditor: Dauby O'Conner & Zaleski

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.155 Mortgage Insurance for the Purchase Or Refinancing of Existing Multifamily Housing Projects $4.45M Yes 0
14.195 Section 8 Housing Assistance Payments Program $880,805 Yes 0

Contacts

Name Title Type
YJSDKGKLWHA6 Lisa Ore Auditee
3363751552 Heather Perry Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: The schedule of expenditures of federal awards is prepared on the accrual basis of accounting. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate. MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS (14.155) - Balances outstanding at the end of the audit period were 4380821.