FAC Explorer

Audit 39635

FY End
2022-07-31
Total Expended
$11.87M
Findings
0
Programs
2
Organization: Friendship House III Dba the Towers 073-11585 (CA)
Year: 2022 Accepted: 2023-01-15
Auditor: Dauby O'Connor & Zaleski LLC

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 $10.00M Yes 0
14.195 Section 8 Housing Assistance Payments Program $1.88M - 0

Contacts

Name Title Type
MNC8ERH5B5A8 Christopher Purcell Auditee
5622575100 Matt Catlin 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: N Rate Explanation: The auditee did not use 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 9746954.