FAC Explorer

Audit 52652

FY End
2022-06-30
Total Expended
$949,695
Findings
0
Programs
2
Organization: Norwich Housing Corporation (VT)
Year: 2022 Accepted: 2023-01-04
Auditor: Otis Atwell

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 $542,202 - 0
14.195 Section 8 Housing Assistance Payments Program $407,493 Yes 0

Contacts

Name Title Type
XHGEENJ1KEX9 Earle Simpson Auditee
8022957961 Bridget Sylvester Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: The Schedule of Expenditures of Federal Awards is presented using the accrualbasis of accounting. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate. MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS (14.155) - Balances outstanding at the end of the audit period were 486301.