FAC Explorer

Audit 398357

FY End
2025-12-31
Total Expended
$1.66M
Findings
0
Programs
2
Organization: McDowell Housing Corporation 053-11221 (NC)
Year: 2025 Accepted: 2026-04-10
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 $1.24M Yes 0
14.195 PROJECT-BASED RENTAL ASSISTANCE (PBRA) $422,636 Yes 0

Contacts

Name Title Type
XGM3DASSRLH3 Cindy Lollis Auditee
8644385089 Michael Turner Auditor
No contacts on file

Notes to SEFA

The balance of the HUD Section 207 pursuant to Section 223(f) mortgage note payable at December 31, 2025 is $1,192,095.