FAC Explorer

Audit 400222

FY End
2025-12-31
Total Expended
$4.70M
Findings
2
Programs
2
Organization: Senior Citizens Housing Development Corporation of South Boston, Inc. (FL)
Year: 2025 Accepted: 2026-04-30
Auditor: BELLOWS ASSOCIATES P A

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1210881 2025-001 Material Weakness Yes E
1210882 2025-002 Material Weakness Yes B

Programs

ALN Program Spent Major Findings
14.157 SUPPORTIVE HOUSING FOR THE ELDERLY - Capital Advance $4.22M Yes 1
14.157 SUPPORTIVE HOUSING FOR THE ELDERLY - PRAC $472,009 Yes 1

Contacts

Name Title Type
X5SZQSBVL575 Irene Phillips Auditee
9548359200 Jennifer R. Koffman Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards includes the federal award activity of Senior Citizens Housing Development Corporation of South Boston, Inc., operating as South Boston Elderly, HUD Project No. 023-EH364, and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Senior Citizens Housing Development Corporation of South Boston, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Senior Citizens Housing Development Corporation of South Boston, Inc.
Senior Citizens Housing Development Corporation of South Boston, Inc. has received a HUD capital advance under Section 202 of the National Housing Act. The capital advance balance outstanding at the beginning of the year is included in the federal expenditures presented in the schedule. Senior Citizens Housing Development Corporation of South Boston, Inc. received no additional loans during the year. The balance of the capital advance outstanding as of December 31, 2025 was $4,223,800.

Finding Details

Finding 2025-001
FINDING No. 2025-001: Section 202 - Supportive Housing for the Elderly, ALN 14.157 Finding Resolution Status: Unresolved. Information on Universe Population Size: Fifty-one tenants. Sample Size Information: Ten tenants. Identification of Repeat Finding and Finding Reference Number: No. Criteria: HUD regulations require timely collection and retention of all initial and ongoing tenant eligibility documentation. Statement of Condition: Missing documentation in tenant files: One tenant file did not include a form HUD-50059 that was dated by the tenant and the Property Manager; One tenant file did not include security deposit payment support that matched the amount per the form HUD-50059; One tenant file did not include a dated and time-stamped housing application. Cause: The Project did not follow HUD regulations for determining tenant eligibility and maintaining required tenant documentation. Effect or Potential Effect: Unable to verify tenant eligibility and cost of assistance may be disallowed. Auditor Non-Compliance Code: R – Section 8 Program Administration. Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor's recommendations will be adopted. Recommendation: The Project should implement stronger internal controls over the administration of tenant eligibility and file maintenance, inclusive of more rigorous staff training, to ensure HUD regulations are followed timely and accurately. Response Indicator: Agree. Completion Date: 12/31/2026 Response: Staff training has been provided with additional HUD training inclusive of EIV reporting and tenant file maintenance and included in monthly reporting procedures.
Finding 2025-002
FINDING No. 2025-002: Section 202 - Supportive Housing for the Elderly, ALN 14.157 Finding Resolution Status: Unresolved. Information on Universe Population Size: Total expenses. Sample Size Information: Management fees. Identification of Repeat Finding and Finding Reference Number: No. Criteria: As required by HUD, the Project shall only use funds as specified in the Regulatory Agreement and owe the management company fees at the rate specified in the Project Owner’s/Management Agent’s Certification (form HUD-9839-B). Statement of Condition: As a result of an expired form HUD-9839-B, the Project has been overcharged management fees, resulting in an unauthorized loan to the management Company. Cause: The Project’s form HUD-9839-B expired on August 2, 2025, and the management company kept charging the Project. Effect or Potential Effect: The Project has made an unauthorized loan to the management company as a result of overpaying management fees of $17,223. Auditor Non-Compliance Code: J – Unauthorized Management Fees. Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor's recommendations will be adopted. Recommendation: The Project should implement procedures to monitor the expiration of all contracts to ensure timely preparation and approval. Response Indicator: Agree. Completion Date: 12/31/2026 Response: Management is in the process of renewing all management certifications and will provide accountants with extra training to monitor.