FAC Explorer

Audit 415105

FY End
2026-03-31
Total Expended
$3.06M
Findings
2
Programs
2
Organization: Sen Citizens Hsg Dev Fund CORP of Steuben County Two,inc (FL)
Year: 2026 Accepted: 2026-10-20
Auditor: BELLOWS ASSOCIATES P A

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1240729 2026-001 Material Weakness Yes N
1240730 2026-002 Material Weakness Yes N

Programs

ALN Program Spent Major Findings
14.157 SUPPORTIVE HOUSING FOR THE ELDERLY - CAPITAL ADVANCE $2.70M Yes 1
14.157 SUPPORTIVE HOUSING FOR THE ELDERLY - PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) $365,416 Yes 1

Contacts

Name Title Type
JG7FJBLJZPW8 Irene Phillips Auditee
9548359200 Jennifer R. Koffman Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Senior Citizens Housing Development Fund Corporation of Steuben County Two, HUD Project No. 014-EE043, 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 Fund Corporation of Steuben County Two, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Senior Citizens Housing Development Fund Corporation of Steuben County Two.
Senior Citizens Housing Development Fund Corporation of Steuben County Two 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 Fund Corporation of Steuben County Two received no additional loans during the year. The balance of the capital advance outstanding as of March 31, 2026 was $2,695,400.

Finding Details

Finding 2026-001
FINDING No. 2026-001: Section 202 Supportive Housing for the Elderly, ALN 14.157 Finding Resolution Status: Unresolved. Information on Universe Population Size: Replacement reserve account. Sample Size Information: Replacement reserve withdrawals. Identification of Repeat Finding and Finding Reference Number: No. Criteria: In accordance with HUD regulations, the Project should only request advances on form HUD-9250 based upon approved quotes or invoices. Statement of Condition: The Project requested $14,757 based on a quote and subsequently requested the same amount once the work was completed, based on invoiced amounts. The additional approved withdrawal was not returned to the replacement reserve account once the error was identified. Cause: The Project did not track requests for replacement reserve withdrawals closely, resulting in erroneously requesting the same amount twice. Effect or Potential Effect: Potential unauthorized use of Project funds. Auditor Non-Compliance Code: N – Reserve for Replacements Deposits Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor’s recommendations will be adopted. Recommendation: The Project should return the excess withdrawal of $14,757 to the replacement reserve account. Response Indicator: Agree. Completion Date: 3/31/2027 Response: Staff training has been provided to ensure proper procedures are followed. Staff will monitor quote vs invoice withdrawals to ensure there are no duplications.
Finding 2026-002
FINDING No. 2026-002: Section 202 Supportive Housing for the Elderly, ALN 14.157 Finding Resolution Status: Unresolved. Information on Universe Population Size: Utility costs. Sample Size Information: Annual utility allowance analysis. Identification of Repeat Finding and Finding Reference Number: No. Criteria: HUD regulations require the owner to submit an analysis of utility allowances with supporting documentation, to perform an annual review of tenant utility allowances to determine their reasonableness, and to adjust the allowances, when deemed appropriate. Statement of Condition: The reasonableness of tenant utility allowances was not assessed by management. Cause: Management did not perform an annual review of tenant utility allowances for the current year. Effect or Potential Effect: Unable to verify the reasonableness of tenant utility allowances. 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 procedures for compliance with all applicable HUD regulations and ensure the performance of an annual review of tenant utility allowances with supporting documentation maintained. Response Indicator: Agree. Completion Date: 3/31/2027 Response: Staff training has been provided regarding UA support and included in monthly reporting procedures.