During the year ended June 30, 2025, the Organization did not receive any other Federal assistance such as non-cash assistance, insurance, loans or loan guarantees.
Finding Reference Number: 2025-001 Status: Resolved Statement of Condition: Inspections as required by HUD were not being performed during a change in management personnel. Criteria: Regular inspections are required by HUD. Effect: Noncompliance with regulatory agreement. Cause: Inadvertent clerical oversight. Recommendation: The Project should review all policies to assure they are in compliance with all regulatory agreements. Auditor Non-Compliance Code: I – Failure to maintain property/open physical inspection(s) Auditor’s Summary of Auditee’s Comments on the Findings and Recommendations: Clerical oversight. Response Indicator: Agrees Completion Date: March 5, 2026 Response: Management has started to perform inspections again, as required by HUD.