Audit 400081

Finding reference number: #2025-001 Auditor non-compliance code: E - Eligibility Finding resolution status: In Process Universe population size: 111 resident files Sample size information: 13 resident files Statistically valid sample: Yes Name of federal agency: U.S. Department of Housing and Urban Development Pass-through entity: Wyoming Community Development Authority Questioned costs: N/A Repeat Finding: Yes Statement of condition #2025-001 (Assistance Listing No. 14.239): During the year ended September 30, 2025, three of the thirteen resident files selected for testing under the OMB Compliance Supplement lacked properly executed and documented resident eligibility forms. Criteria: Pursuant to the OMB Compliance Supplement and HOME loan agreement, the Agent must certify and recertify residents in accordance with 24 CFR Part 92.203 at least annually. Effect or potential effect: The Company is not in compliance with the terms of the OMB Compliance Supplement and HOME loan agreement. Current, future, and potentially prior funding under the HOME loan could be impacted as a result of these resident files. Cause: Syringa Property Management, Inc. did not complete the required resident eligibility forms for three of the thirteen resident files selected for testing at the Property. WHN Property Management was unable to complete the recertification process after taking over management due to timing and one resident vacating the unit. Recommendation: WHN Property Management should complete recertifications for the two residents still residing at the Property, ensure that all resident files are maintained at the site for each resident of the Property, and ensure that the resident files include all properly executed and documented resident eligibility forms. Completion date: February 25, 2026 Management response: WHN Property Management concurs with the finding and recommendation. WHN Property Management is in the process of completing recertifications for two of the residents still residing at the Property. One of the resident files noted in the statement of condition was for a resident who moved out of the Property in November 2025. No further action is required related to this resident's file. WHN Property Management intends to review and update, as necessary, the other resident files during the year ended September 30, 2026 to ensure the Property is in compliance with the OMB Compliance Supplement and the HOME loan agreement.