FAC Explorer

Audit 53679

FY End
2022-12-31
Total Expended
$8.48M
Findings
0
Programs
4
Organization: Avenue of the Arts Presbyterian - Psc Apartments, INC (CA)
Year: 2022 Accepted: 2023-04-27
Auditor: Dauby O'Connor & Zaleski LLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.157 Supportive Housing for the Elderly - Balance of Hud Capital Advance As of January 1, 2022, Under Section 202 of the National Housing Act $6.34M Yes 0
14.239 Home Investment Partnerships Program $1.66M - 0
14.157 Supportive Housing for the Elderly - Project Rental Assistance Contract $484,648 Yes 0
14.157 Supportive Housing for the Elderly - Covid-19 Supplemental Payments $2,089 Yes 0

Contacts

Name Title Type
M27ETTPECC38 Derrick Lawson Auditee
8182470420 Christopher J. Petesch Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: The schedule of expenditures of federal awards is prepared on the accrual basis ofaccounting. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. SUPPORTIVE HOUSING FOR THE ELDERLY (14.157) - Balances outstanding at the end of the audit period were 6335800. HOME INVESTMENT PARTNERSHIPS PROGRAM (14.239) - Balances outstanding at the end of the audit period were 1661972.