FAC Explorer

Audit 399194

FY End
2025-12-31
Total Expended
$1.49M
Findings
0
Programs
3
Organization: Madelia Housing Inc. (MN)
Year: 2025 Accepted: 2026-04-20
Auditor: MAHONEY ULBRICH CHRISTIANSEN & RUSS PA

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.134 MORTGAGE INSURANCE RENTAL HOUSING $689,315 Yes 0
14.239 HOME INVESTMENT PARTNERSHIPS PROGRAM $565,500 Yes 0
14.195 PROJECT-BASED RENTAL ASSISTANCE (PBRA) $233,559 Yes 0

Contacts

Name Title Type
C2M5FV412L38 Joleen Pfau Auditee
5073451290 Deanna Somvong Auditor
No contacts on file

Notes to SEFA

Federal expenditures for the mortgage insurance rental housing program and HOME Investment Partnerships Program represent the December 31, 2024 balance of the mortgage and loan funded in previous years for which HUD imposes continuing compliance requirements. The balance of the mortgage and loan outstanding as of December 31, 2025 were $649,061 and $565,500.