FAC Explorer

Audit 4570

FY End
2023-06-30
Total Expended
$991,083
Findings
6
Programs
1
Organization: Housing Partners for Positive Living, Inc. (RI)
Year: 2023 Accepted: 2023-11-29
Auditor: D'ambra CPA

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
2701 2023-001 - - N
2702 2023-002 - - N
2703 2023-003 - - N
579143 2023-001 - - N
579144 2023-002 - - N
579145 2023-003 - - N

Programs

ALN Program Spent Major Findings
14.181 Supportive Housing for Persons with Disabilities $128,246 Yes 2

Contacts

Name Title Type
LSGRAMWNKA45 Rita Gandhi Auditee
4012357000 Craig D'ambra Auditor
No contacts on file

Notes to SEFA

Title: 1 Accounting Policies: ACCRUAL BASIS De Minimis Rate Used: N Rate Explanation: THE AUDITEE DID NOT USE THE DE MINIMIS RATE BUT ACTUAL COSTS The schedule of expenditures of federal awards includes the federal award activity of the Corporation. 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 Corporation, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Corporation.
Title: 2 Accounting Policies: ACCRUAL BASIS De Minimis Rate Used: N Rate Explanation: THE AUDITEE DID NOT USE THE DE MINIMIS RATE BUT ACTUAL COSTS Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Corporation has elected not to use the 10 percent de-minimis indirect cost rate allowed under the Uniform Guidance.
Title: 3 Accounting Policies: ACCRUAL BASIS De Minimis Rate Used: N Rate Explanation: THE AUDITEE DID NOT USE THE DE MINIMIS RATE BUT ACTUAL COSTS The Corporation received loans directly or indirectly from the U.S. Department of Housing and Urban Development which are included above. If there were no current year advances on the loan, the loan balance above reflects the beginning of the year balance. If there were advances on the loan, the loan balance above reflects the highest balance during the year.
Title: 4 Accounting Policies: ACCRUAL BASIS De Minimis Rate Used: N Rate Explanation: THE AUDITEE DID NOT USE THE DE MINIMIS RATE BUT ACTUAL COSTS Certain grants, while fully expended, contain continuing compliance requirements and are thus included in the Schedule.

Finding Details

Finding 2023-001
Federal program - Section 811: Criteria - HUD regulations require a specified amount to be deposited monthly to the replacement reserve account; Condition - the property deposited an extra month’s deposit to the replacement reserve account resulting in an excess deposit totaling $299; Cause - management oversight; Recommendation - management should reduce the next year deposits by the excess amount. Response: Management will reduce the next year deposits by the excess amount deposited.
Finding 2023-002
Federal program - Section 811: Criteria - : The HUD occupancy handbook specifies the form and content of the certifications; Condition: a tenant certification contained an error including no initial EIV form completed (1 of 1 file tested), no unit inspection (1 of 1 file tested) and insufficient documentation available to test the waitlist for a new move in (1 of 1 file tested); Effect: The tenant’s and HUD share of rent may be incorrect and the tenant may not be the next applicant eligible to move in; Cause: Management oversight. Recommendation: Management should ensure that the initial EIV is run for a new move in and that documentation is retained for waitlist procedures. Response: Management will ensure the initial EIV’s are run in the future and will retain sufficient documentation for waitlist purposes.
Finding 2023-003
Federal program - Section 811: Criteria - : The HUD occupancy handbook specifies that a security deposit should be properly refunded to a tenant moves upon out; Condition: a tenant’s security deposit was refunded late by 3 days (1 of 1 file tested); Effect: The tenant security deposit was refunded timely; Cause: Management oversight. Recommendation: Management should make every effort to refund security deposits in a timely manner. Response: Management will make every effort to refund tenant security deposits in a timely manner.
Finding 2023-001
Federal program - Section 811: Criteria - HUD regulations require a specified amount to be deposited monthly to the replacement reserve account; Condition - the property deposited an extra month’s deposit to the replacement reserve account resulting in an excess deposit totaling $299; Cause - management oversight; Recommendation - management should reduce the next year deposits by the excess amount. Response: Management will reduce the next year deposits by the excess amount deposited.
Finding 2023-002
Federal program - Section 811: Criteria - : The HUD occupancy handbook specifies the form and content of the certifications; Condition: a tenant certification contained an error including no initial EIV form completed (1 of 1 file tested), no unit inspection (1 of 1 file tested) and insufficient documentation available to test the waitlist for a new move in (1 of 1 file tested); Effect: The tenant’s and HUD share of rent may be incorrect and the tenant may not be the next applicant eligible to move in; Cause: Management oversight. Recommendation: Management should ensure that the initial EIV is run for a new move in and that documentation is retained for waitlist procedures. Response: Management will ensure the initial EIV’s are run in the future and will retain sufficient documentation for waitlist purposes.
Finding 2023-003
Federal program - Section 811: Criteria - : The HUD occupancy handbook specifies that a security deposit should be properly refunded to a tenant moves upon out; Condition: a tenant’s security deposit was refunded late by 3 days (1 of 1 file tested); Effect: The tenant security deposit was refunded timely; Cause: Management oversight. Recommendation: Management should make every effort to refund security deposits in a timely manner. Response: Management will make every effort to refund tenant security deposits in a timely manner.