FAC Explorer

Audit 394668

FY End
2025-06-30
Total Expended
$2.90M
Findings
1
Programs
2
Organization: Rockport Housing Authority (MA)
Year: 2025 Accepted: 2026-03-26
Auditor: CBIZ CPAS PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1186892 2025-001 Material Weakness Yes E

Programs

ALN Program Spent Major Findings
14.871 SECTION 8 HOUSING CHOICE VOUCHERS $2.86M Yes 1
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $42,440 Yes 0

Contacts

Name Title Type
K5LZQS5J3KJ1 Marie Mathes Auditee
9785463181 Michael Guyder Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the schedule) includes the federal grant activity of Rockport Housing Authority, under programs of the federal government for the year ended June 30, 2025. The information in the schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirement, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of Rockport Housing Authority, it is not intended to and does not present the financial position, changes in net position or cash flows of Rockport Housing Authority.
Expenditures reported on the schedule are reported on the accrual basis of accounting. For cost-reimbursement awards, such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. For performance-based awards, expenditures reported represent amounts earned.
The Rockport Housing Authority has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2025-001
2025-001 – ELIGIBILITY Material Weakness/Material Noncompliance U.S. Department of Housing and Urban Development CFDA #: 14.871 – Housing Voucher Cluster CRITERIA PHA responsibility for reexamination and verification. (1) The PHA must conduct a reexamination of family income and composition at least annually. (2) The PHA must obtain and document in the tenant file third-party verification of the following factors, or must document in the tenant file why third-party verification was not available. (i) Reported family annual income; (ii) The value of assets; (iii) Expenses related to deductions from annual income; Other factors that affect the determination of adjusted income. (24 CFR 982,516) CONDITION As a result of our audit procedures, we identified the following exceptions in our testing: > Three (3) instances of income, asset or medical expense miscalculation or insufficient verification > Two (2) instances of the incorrect payment standard being used CAUSE The Authority experienced turnover in the administrative department. EFFECT The Authority is potentially incorrectly calculating and adjusting tenant rent and housing assistance payments. QUESTIONED COSTS None identified. CONTEXT We selected a sample of 16 from a population of 157 program participants. This was not a statistically valid sample. REPEAT FINDING Repeat of finding 2024-001. RECOMMENDATION We recommend the Authority provide training for the performance of reexamination procedures. AUDITEE’S RESPONSE AND PLANNED CORRECTIVE ACTION See Corrective Action Plan.