FAC Explorer

Audit 62783

FY End
2022-12-31
Total Expended
$968,040
Findings
0
Programs
2
Organization: Carolina Place, INC Dba Carolina Place Apartments 054-Hd002 (NC)
Year: 2022 Accepted: 2023-03-27
Auditor: Dauby O'Connor @ Zaleski LLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.181 Supportive Housing for Persons with Disabilities - Balance of Capital Advance As of January 1, 2022, Under Section 811 of the National Affordable Housing Act of 1990 $815,500 Yes 0
14.181 Supportive Housing for Persons with Disabilities - Project Rental Assistance Contract $152,540 Yes 0

Contacts

Name Title Type
N6JMWAHLCK89 Brent Dunlap Auditee
8644385089 Michael L. Turner 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 of accounting. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES (14.181) - Balances outstanding at the end of the audit period were 815500.