FAC Explorer

Audit 403490

FY End
2025-08-31
Total Expended
$4.67M
Findings
1
Programs
2
Organization: Astoria Gardens Tenant Association (CA)
Year: 2025 Accepted: 2026-06-10
Auditor: HOFFMAN SHORT

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1217318 2025-001 Material Weakness Yes N

Programs

ALN Program Spent Major Findings
14.155 MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS $3.45M Yes 1
14.195 PROJECT-BASED RENTAL ASSISTANCE (PBRA) $1.22M Yes 0

Contacts

Name Title Type
NJMWEA9CT627 Cruz Guardado Auditee
9499305349 Joanne Hoffman Auditor
No contacts on file

Notes to SEFA

The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of Astoria Gardens Tenant Association, HUD Project No. 122-41083-PM-REF, under programs of the federal government for the year ended August 31, 2025. 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 the Project, it is not intended and does not present the financial position, changes in net assets, or cash flows of the Project.

Finding Details

Finding 2025-001
There were open findings from the prior audit report, dated December 18, 2025, for the year ended August 31, 2024, issued by Leaf & Cole, LLP. as follows: FINDING NO. 2024-001: Residual Receipts Deposit. Condition: The Project if not deposit the residual receipts in the amount of $21,073 for the year ended August 31, 2023 to the residual receipts acccount. Status: As of August 31, 2025, required deposits in the amount of $21,073 have been deposied to the residual receipts reserve.