FAC Explorer

Audit 401288

FY End
2024-03-31
Total Expended
$7.32M
Findings
0
Programs
2
Organization: 400-408 Housing Development Fund Company INC (NY)
Year: 2024 Accepted: 2026-05-13
Auditor: BAKER TILLY US LLP

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 $4.33M Yes 0
14.195 PROJECT-BASED RENTAL ASSISTANCE (PBRA) $3.00M Yes 0

Contacts

Name Title Type
QCPLA5YNZZT9 Mahmoud Khalifa Auditee
6465884126 Heather Weber Auditor
No contacts on file

Notes to SEFA

The Company has a loan guaranteed by HUD, and the outstanding balance of the loan at March 31, 2024 is $4,214,854. The loan balance outstanding at the beginning of the year is included in the federal expenditures presented in the Schedule.