FAC Explorer

Corrective Action Plans

Browse how organizations respond to audit findings

Total CAPs
57,775
In database
Filtered Results
7,697
Matching current filters
Showing Page
263 of 308
25 per page

Filters

Clear
Active filters: HUD Housing Programs
Finding 37991 (2022-001)
Significant Deficiency 2022
Salem Baptist Church of Atlanta Housing Foundation, Inc.
GA
Questioned Costs Cash Management HUD Housing Programs
SALEM BAPTIST CHURCH OF ATLANTA HOUSING FOUNDATION, INC. FHA PROJECT NO. 061-EE054-WAH CORRECTIVE ACTION PLAN FOR THE YEAR ENDED DECEMBER 31, 2022 Name of Auditee: Salem Baptist Church of Atlanta Housing Foundation HUD Auditee Identification Number: 061-EE054-WAH Federal Award Program: 14.157 Su...
SALEM BAPTIST CHURCH OF ATLANTA HOUSING FOUNDATION, INC. FHA PROJECT NO. 061-EE054-WAH CORRECTIVE ACTION PLAN FOR THE YEAR ENDED DECEMBER 31, 2022 Name of Auditee: Salem Baptist Church of Atlanta Housing Foundation HUD Auditee Identification Number: 061-EE054-WAH Federal Award Program: 14.157 Supportive Housing for the Elderly Name of Audit Firm: Aprio, LLP Period covered by the audit: January 1, 2022 to December 31, 2022 Corrective Action Plan Prepared By Name: Denise Crowder Position: Vice President Asset Management, Housing Resource Center, Inc. Telephone number: 404-816-9770 A. Current Findings on the Schedule of Findings, Questioned Costs, and Recommendations Finding 2022-001 a. During the year ended December 31, 2022, the Project paid several expenses on behalf of an adjacent Project. Neither the mortgagor nor its agents shall make any payments for services, supplies, or materials unless such services are actually rendered for the project or such supplies or materials are delivered to the project and are necessary for its operation. Amounts paid on behalf of another project is considered an unauthorized disbursement of Project assets per the Regulatory Agreement. Recommendation: Management should review procedures surrounding the payment of invoices to ensure funds are being drawn from the correct account. b. Action(s) Taken or Planned on the Finding: Management has spoken to the necessary personnel tasked with recording payments of invoices and reemphasized the importance of paying only invoices relevant to the Property.
View Audit 32499 Questioned Costs: $1
Finding 37975 (2022-006)
Significant Deficiency 2022
Middle MacOupin Health Care Systems and Affiliates
IL
HUD Housing Programs Special Tests & Provisions Significant Deficiency
Management will enhance internal controls to ensure that approval from HUD is obtained in writing before entering into capital leases.
Management will enhance internal controls to ensure that approval from HUD is obtained in writing before entering into capital leases.
View Audit 28698
Finding 37974 (2022-005)
Significant Deficiency 2022
Middle MacOupin Health Care Systems and Affiliates
IL
Special Tests & Provisions HUD Housing Programs Significant Deficiency
Management will enhance internal controls to ensure that there is documentation of review and approval of all disbursements.
Management will enhance internal controls to ensure that there is documentation of review and approval of all disbursements.
View Audit 28698
Finding 37973 (2022-004)
Material Weakness 2022
Middle MacOupin Health Care Systems and Affiliates
IL
Matching / Level of Effort / Earmarking HUD Housing Programs Material Weakness
Management will enhance internal controls to ensure that required reports under the Section 242 Program are submitted timely and accurately.
Management will enhance internal controls to ensure that required reports under the Section 242 Program are submitted timely and accurately.
View Audit 28698
Finding 37972 (2022-003)
Material Weakness 2022
Middle MacOupin Health Care Systems and Affiliates
IL
Reporting HUD Housing Programs Material Weakness
Given the size of the Organization and its limited staffing, it will be necessary for the entity to continue its reliance on Eide Bailly LLP for completion of future Schedules.
Given the size of the Organization and its limited staffing, it will be necessary for the entity to continue its reliance on Eide Bailly LLP for completion of future Schedules.
View Audit 28698
Finding 37955 (2022-001)
Significant Deficiency 2022
Sebastopol Area Housing Corporation
CA
HUD Housing Programs Material Weakness
Views of the responsible officials and planned corrective actions: We concur with the above finding and this finding has been reviewed and studied for the purpose of ensuring this does not take place in the future. Additional controls/procedures will be in place to ensure this does not happen in t...
Views of the responsible officials and planned corrective actions: We concur with the above finding and this finding has been reviewed and studied for the purpose of ensuring this does not take place in the future. Additional controls/procedures will be in place to ensure this does not happen in the future are as follows: ? All requests will be prepared by the Community manager and submitted to accounting for copies of invoices, checks, etc. ? Once all supporting documents are obtained, the HUD form 9250 will be prepared, and reviewed by Assistant Director and submitted to HUD for approval along with all documentation. ? A tracking sheet will be used to track the submission and the approval, with appropriate follow up. ? Once approval from HUD is received the entire packet will be submitted for review by ownership/Board, along with the HUD approval. The board will provide written approval of the transfer. ? Only after the Board has reviewed and provided written approval, will funds be transferred from the Replacement Reserve account over to the operating account.
View Audit 28417
Finding 37928 (2022-001)
Significant Deficiency 2022
Kenwood Properties, Inc. 075-Hd068-Wdd
WI
HUD Housing Programs Cash Management
Finding 2022-001- Surplus Cash Submission and Replacement Reserve Required Deposit Corrective Action Plan A transfer of $6,000 from the operating account to the replacement reserve will be completed which was overlooked last fiscal year. Person(s) Responsible: Kerri Lentz will have Donna Lynch ...
Finding 2022-001- Surplus Cash Submission and Replacement Reserve Required Deposit Corrective Action Plan A transfer of $6,000 from the operating account to the replacement reserve will be completed which was overlooked last fiscal year. Person(s) Responsible: Kerri Lentz will have Donna Lynch make this transfer. Timing for Implementation: Will have complete by April 1, 2023.
View Audit 28339
Finding 37923 (2022-001)
Material Weakness 2022
Encino Terrace, Inc.
NM
HUD Housing Programs Special Tests & Provisions Student Financial Aid
Management?s view: Management is in agreement that the tenant eligibility age according to the regulatory agreement is 62. Through miscommunication, the property staff incorrectly believed that non-subsidized units were not subject to the minimum age of 62, but that the minimum age of 55 was allowab...
Management?s view: Management is in agreement that the tenant eligibility age according to the regulatory agreement is 62. Through miscommunication, the property staff incorrectly believed that non-subsidized units were not subject to the minimum age of 62, but that the minimum age of 55 was allowable in keeping with current trends and fair housing standards. Proposed corrective action: Management has adopted the proper age restriction in accordance with HUD requirements at a minimum of 62. Communication has been made to property staff regarding the proper/correct age restriction. Management is also adopting the auditor?s recommendation of requesting a waiver from HUD in order to maintain the economic soundness of the property. Anticipated correction date: 7/15/2022. Responsible official: Jerry Burkholder, Monarch Properties, Inc. Management Agent.
View Audit 37857
Ryder Assisted Care Ii, Inc.
PR
HUD Housing Programs Internal Control / Segregation of Duties
Finding Number: 2022-2 The inspections had not been carried out due to different situations with tenants. The Project Administrator was re oriented about the importance of complying with this annual physical inspection requirement.
Finding Number: 2022-2 The inspections had not been carried out due to different situations with tenants. The Project Administrator was re oriented about the importance of complying with this annual physical inspection requirement.
View Audit 32670
Ryder Assisted Care Ii, Inc.
PR
HUD Housing Programs Subrecipient Monitoring Allowable Costs / Cost Principles
Finding Number: 2022-1 Payment of invoices before 30 days of received. The project staff was oriented about the importance of make a payment 30 days after receive the invoice. The plan of correction empathizes in verify weekly the supplier?s invoices and establish a payment date not more than 30 day...
Finding Number: 2022-1 Payment of invoices before 30 days of received. The project staff was oriented about the importance of make a payment 30 days after receive the invoice. The plan of correction empathizes in verify weekly the supplier?s invoices and establish a payment date not more than 30 days of the invoice was received.
View Audit 32670
Finding 37883 (2022-001)
Significant Deficiency 2022
Housing Authority of the County of Contra Costa
CA
Questioned Costs HUD Housing Programs Significant Deficiency
Corrective Action Plan For the year ended March 31, 2022 U.S. Department of Housing and Urban Development: The Housing Authority of the County of Contra Costa respectfully submits the following corrective action plan for the year ended March 31, 2022. Auditor: Novogradac and Company, LLP Ce...
Corrective Action Plan For the year ended March 31, 2022 U.S. Department of Housing and Urban Development: The Housing Authority of the County of Contra Costa respectfully submits the following corrective action plan for the year ended March 31, 2022. Auditor: Novogradac and Company, LLP Certified Public Accountants 1144 Hooper Avenue Suite 203 Toms River, New Jersey 08753 The findings from the March 31, 2022 schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the numbers assigned in the schedule. Findings ? Federal Award Program Audit Finding 2022-001 Federal Agency: U.S. Department of Housing and Urban Development Federal Program Titles: Section 8 Housing Choice Vouchers Program Federal Catalog Numbers: 14.871 Noncompliance ? N. Special Tests and Provisions ? Housing Quality Standards Non Compliance Material to the Financial Statements: No Significant Deficiency in Internal Control over Compliance for Special Tests and Provisions Findings ? Federal Award Program Audit (continued) Finding 2022-001 (continued) Criteria: Housing Quality Standards Inspections. The PHA must inspect the unit leased to a family at least annually to determine if the unit meets the Housing Quality Standards (HQS) and the PHA must conduct quality control re-inspections. The PHA must prepare a unit inspection report (24 CFR sections 982.158(d) and 982.405(b)). For units that fail inspection the PHA must correct all life threatening HQS deficiencies within 24 hours and all other deficiencies within 30 days. On May 4, 2021, HUD issued Notice PIH 2021-14(HA). In this notice, HUD recognized the unprecedented challenge the COVID-19 pandemic poses to PHAs in carrying out the most essential of their HCV program administrative responsibilities. The notice allowed for the Authority to rely on the owner's certification that the owner has no reasonable basis to have knowledge that life-threatening conditions exist in the unit or units in questions. At minimum, the PHA must require the owner?s certification. However, the PHA may add other requirements or conditions in addition to the owner?s certification, but is not required to do so. The PHA is required to conduct an HQS inspection on the unit as soon as reasonably possible but no later than June 30, 2022. Condition: Based upon inspection of the Authority?s files and on discussion with management there were units that did not have annual inspections or owner?s certifications performed during the audit period. Context: Of a sample size of sixty-five (65) tenant files, the following information was unavailable for examination at the time of audit: ? Annual inspection report or owner?s certification was missing in two (2) files Our sample size is statistically valid. Known Questioned Costs: $41,038 Cause: There is significant deficiency in internal controls over the compliance for the special tests and provisions type of compliance related to HQS inspections. The Authority has not properly considered, designed, implemented, maintained and monitored a system of internal controls that assures the program is in compliance. Effect: The Section 8 Housing Choice Vouchers Program is in non-compliance with the with the special tests and provisions type of compliance related to HQS inspections. Recommendation: We recommend the Authority design and implement internal control procedures that will reasonably assure compliance with the Uniform Guidance and the compliance supplement. Views of responsible officials and planned corrective action: The Authority has recognized the deficiencies in the Section 8 Housing Choice Vouchers Program and has implemented internal control procedures in 2022 that will ensure compliance of federal regulations. Those controls consist of the weekly monitoring of two reports generated by the agency business software which identify subsidized units missed by the inspection scheduler. Ingrid Layne, the Director of Assisted Housing will be responsible to implement this corrective action by March 31, 2023. Schedule of Prior Year Federal Audit Findings There were no findings or questioned costs in the prior year. If the U.S. Department of Housing and Urban Development has any questions regarding this plan, please call Ingrid Layne, the Director of Assisted Housing at (925) 957-7010. Sincerely yours, Ingrid Layne, Director of Assisted Housing
View Audit 33397 Questioned Costs: $1
Finding 37881 (2022-001)
Significant Deficiency 2022
Norma Locklear Pitts Senior Community, Inc.
SC
Questioned Costs HUD Housing Programs Subrecipient Monitoring
Comments on the Finding (#2022-001) and Each Recommendation: The Corporation is not in compliance with the terms of the Section 202 Regulatory Agreement. As of September 30, 2022, the residual receipts fund is underfunded by $9,900. Management should obtain HUD approval before making withdrawals fro...
Comments on the Finding (#2022-001) and Each Recommendation: The Corporation is not in compliance with the terms of the Section 202 Regulatory Agreement. As of September 30, 2022, the residual receipts fund is underfunded by $9,900. Management should obtain HUD approval before making withdrawals from the residual receipts fund. Management should transfer $9,900 to the residual receipts fund. Action(s) taken or planned on the finding: Management concurs with the finding and recommendation.
View Audit 32084 Questioned Costs: $1
Rcil-Rochester Barrier Free Housing Corporation
MN
HUD Housing Programs
"RCIL - ROCHESTER BARRIER FREE HOUSING CORPORATION" HUD PROJECT NO. 092-11467 CORRECTIVE ACTION PLAN YEAR ENDED SEPTEMBER 30, 2022 DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT RCIL - Rochester Barrier Free Housing Corporation respectfully su...
"RCIL - ROCHESTER BARRIER FREE HOUSING CORPORATION" HUD PROJECT NO. 092-11467 CORRECTIVE ACTION PLAN YEAR ENDED SEPTEMBER 30, 2022 DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT RCIL - Rochester Barrier Free Housing Corporation respectfully submits the following corrective action plan for the year ended September 30, 2022. Name and address of independent public accounting firm: Hinrichs & Associates, Ltd 1000 Shelard Parkway, Suite 110 Minneapolis, MN 55426 Audit Period: September 30, 2022 The findings from the September 30, 2022 schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the numbers assigned in the schedule. Section A of the schedule, Summary of Audit Results, does not include findings and is not addressed. FINDINGS - FINANCIAL STATEMENT AUDIT NONE FINDINGS - FEDERAL AWARD PROGRAMS AUDIT DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FINDING 2022-001: SECTION 223(f), Assistance Listing Number 14.155 One of the tenant files tested contained a mathematical error in computing the household net income in the process of computing the tenant share of monthly rent. Recommendation: The Project should recompute the HUD subsidy from this tenant and make an adjustment on a future monthly HUD billing, if necessary. Action Taken: The Project agrees with the finding. The HUD subsidy will be recomputed using the proper household income. If necessary, the excess amount received to date will reduce a future monthly HUD billing. The finding was corrected in November 2022. If the Department of Housing and Urban Development has questions regarding this plan, please call Sarah Rosser at 952-876-9213.
View Audit 30263
Benedictine Manor I No. 082-Ee175
AR
HUD Housing Programs Special Tests & Provisions Cash Management
Responsible Party: Benjamin Barylske, CFO, and Marva Murphy, Controller Finding 2022-001 The Project is required to calculate surplus cash at the end of each fiscal year and any amount greater than zero is required to be deposited to a federally insured residual receipts account within 60 days of y...
Responsible Party: Benjamin Barylske, CFO, and Marva Murphy, Controller Finding 2022-001 The Project is required to calculate surplus cash at the end of each fiscal year and any amount greater than zero is required to be deposited to a federally insured residual receipts account within 60 days of year-end. The Project properly calculated surplus cash; however, funds were not deposited into a residual receipts account within the requested time frame. Comments on the Finding and Recommendation Management is in agreement with this finding and the related recommendation. Action(s) Taken or Planned on the Finding Management will implement controls to ensure the surplus cash is deposited into a residual receipts account within the requested time frame. Estimated completion date for the above-mentioned corrective action is September 30, 2023.
View Audit 34290
Benedictine Manor II No. 082-Ee176
AR
HUD Housing Programs Special Tests & Provisions Cash Management
Responsible Party: Benjamin Barylske, CFO, and Marva Murphy, Controller Finding 2022-001 The Project is required to calculate surplus cash at the end of each fiscal year and any amount greater than zero is required to be deposited to a federally insured residual receipts account within 60 days of y...
Responsible Party: Benjamin Barylske, CFO, and Marva Murphy, Controller Finding 2022-001 The Project is required to calculate surplus cash at the end of each fiscal year and any amount greater than zero is required to be deposited to a federally insured residual receipts account within 60 days of year-end. The Project properly calculated surplus cash; however, funds were not deposited into a residual receipts account within the requested time frame. Comments on the Finding and Recommendation Management is in agreement with this finding and the related recommendation. Action(s) Taken or Planned on the Finding Management will implement controls to ensure the surplus cash is deposited into a residual receipts account within the requested time frame. Estimated completion date for the above-mentioned corrective action is September 30, 2023.
View Audit 34285
National Church Residences of South River, Nj D/b/a Willett Manor
OH
HUD Housing Programs Internal Control / Segregation of Duties Procurement, Suspension & Debarment
Finding Number: 2022-001 Condition: HUD requires the Corporation to refund the security deposit to tenants within 30 days of the move out. The Corporation failed to monitor the deposit refund requirements for the security deposits as specified by the regulatory agreement and failed to return securit...
Finding Number: 2022-001 Condition: HUD requires the Corporation to refund the security deposit to tenants within 30 days of the move out. The Corporation failed to monitor the deposit refund requirements for the security deposits as specified by the regulatory agreement and failed to return security deposits withing 30 days. Planned Corrective Action: Management acknowledged the errors that occurred during the year ended August 31, 2022 and has taken measures to change their process of issuing refunds to reduce the likelihood of late refunds. Contact person responsible for corrective action: Jill Kolb, Vice President ? Housing Accounting Completion Date: April 20, 2022
View Audit 34762
Roland M Boucher Apartments, Inc.
RI
Questioned Costs HUD Housing Programs Internal Control / Segregation of Duties
August 26, 2022 D?Ambra CPA 531 Harris Avenue Woonsocket, RI 02895 RE: Corrective Action Plan: Boucher Apartments Finding 2022-001: Federal program - Section 223(?) 811: Criteria - HUD regulations specify that only eligible costs relating to the property are allowed to be paid by the property; Condi...
August 26, 2022 D?Ambra CPA 531 Harris Avenue Woonsocket, RI 02895 RE: Corrective Action Plan: Boucher Apartments Finding 2022-001: Federal program - Section 223(?) 811: Criteria - HUD regulations specify that only eligible costs relating to the property are allowed to be paid by the property; Condition - the property paid another property's invoices totaling $3,944; Cause - management oversight; Recommendation - management should reimburse the property for the invoices paid in error. Response: Management has reimbursed the property for the invoices paid in error. Corrective Action Plan: Management has reimbursed the property for the invoices paid in error and have adopted the attached internal control workflow to ensure that invoices are properly allocated prior to payment following our transition to a new financial and property management software system. We have also expanded our finance department by 2 FTE?s in the past two years to ensure that we have proper staffing to deal with an expanded number of transactions. Responsible party: Frank Shea
View Audit 24102 Questioned Costs: $1
Cornerstone Housing North, Inc.
NH
HUD Housing Programs Internal Control / Segregation of Duties
Finding: 2022-002: Plan: Pre-made certification packets will be utilized when meeting with tenants to ensure all required documents and back up documentation are accounted for. A second staff member will review new and annual certifications to ensure all required documents from the pre-made packet a...
Finding: 2022-002: Plan: Pre-made certification packets will be utilized when meeting with tenants to ensure all required documents and back up documentation are accounted for. A second staff member will review new and annual certifications to ensure all required documents from the pre-made packet are accounted for. Contact: Christina Morin, Program Director Anticipated Completion date: March 15' 2023 53
View Audit 29888
Cornerstone Housing North, Inc.
NH
Eligibility HUD Housing Programs Internal Control / Segregation of Duties
Finding: 2022-001: Plan: A second staff member will review certifications and annual certifications to ensure accuracy based on the required back up documentation. Contact: Christina Morin, Program Director Anticipated completion date: March 15, 2023
Finding: 2022-001: Plan: A second staff member will review certifications and annual certifications to ensure accuracy based on the required back up documentation. Contact: Christina Morin, Program Director Anticipated completion date: March 15, 2023
View Audit 29888
Community Apartments Borrower Corp.
VA
HUD Housing Programs Cash Management
Finding Number: 2022-001 -Cash Management Fiscal Year: 2022 Finding: The Corporation failed to deposit the 2021 surplus cash balance into the residual receipts account in accordance with HUD guidelines. Status: Corrective action in progress corrective action: The Corporation will compute surplus ca...
Finding Number: 2022-001 -Cash Management Fiscal Year: 2022 Finding: The Corporation failed to deposit the 2021 surplus cash balance into the residual receipts account in accordance with HUD guidelines. Status: Corrective action in progress corrective action: The Corporation will compute surplus cash when preparing the audit workpapers and deposit any cash surplus in accordance with guidelines mandated by HUD in the future. completion date: December 31, 2022 Acknowledged: Sam a. jones, president amurcon realty
View Audit 29756
Rouses Point Senior Housing Development Fund Company, INC
NY
Special Tests & Provisions HUD Housing Programs
Name of auditee: Rouses Point Senior Housing Development Fund Company, Inc. Project No.: 014-EE192 TIN: 16-1028940 Name of audit firm: EFPR Group, CPA, PLLC Period covered by audit: March 31, 2022 CAP prepared by: Robert Miller, Jr. President Belmont Management Co., Inc. (716) 854-1251 Finding 2022-...
Name of auditee: Rouses Point Senior Housing Development Fund Company, Inc. Project No.: 014-EE192 TIN: 16-1028940 Name of audit firm: EFPR Group, CPA, PLLC Period covered by audit: March 31, 2022 CAP prepared by: Robert Miller, Jr. President Belmont Management Co., Inc. (716) 854-1251 Finding 2022-001 Management understands HUD?s requirements for monthly deposits into the reserve for replacements and has deposited the delinquent deposit of $1,200 into the reserve for replacements account in April 2022.
View Audit 29693
Finding 37586 (2022-001)
Significant Deficiency 2022
Presidential Place, Inc.
MA
HUD Housing Programs
Views of Responsible Officials Management agrees with this Finding. In June 2022, just before year-end, a transfer was processed from the wrong entity. When management discovered the error shortly thereafter, they immediately transferred the money back to the property's replacement reserve account.
Views of Responsible Officials Management agrees with this Finding. In June 2022, just before year-end, a transfer was processed from the wrong entity. When management discovered the error shortly thereafter, they immediately transferred the money back to the property's replacement reserve account.
View Audit 35200
Finding 37576 (2022-001)
Significant Deficiency 2022
Ahp - Crystal Glen Ii, LLC
IN
Questioned Costs Subrecipient Monitoring HUD Housing Programs
Name of auditee: AHP - Crystal Glen II, LLC HUD auditee identification number: 042-11293 Name of audit firm: Dauby O'Connor & Zaleski, LLC Period covered by the audit: Year ended December 31, 2022 CAP prepared by Name: Margaret Williamson / Kim Losacker Position: Co-President Telephone number: (317)...
Name of auditee: AHP - Crystal Glen II, LLC HUD auditee identification number: 042-11293 Name of audit firm: Dauby O'Connor & Zaleski, LLC Period covered by the audit: Year ended December 31, 2022 CAP prepared by Name: Margaret Williamson / Kim Losacker Position: Co-President Telephone number: (317) 587-0320 Current Findings on the Schedule of Findings, Questioned Costs, and Recommendations Statement of condition #2022-001: During the year ended December 31, 2022, the Property withdrew $19,627 from the reserve for replacements account without HUD authorization. Corrective action completed: On January 6, 2023, $19,627 was deposited to the reserve for replacements account.
View Audit 32373 Questioned Costs: $1
Archuleta Housing Corporation
CO
HUD Housing Programs Matching / Level of Effort / Earmarking
a. Comments on the Finding and Each Recommendation Management concurs with Finding 2022-002 and agrees with the recommendation in the finding. However, the Organization would like to note that it has documentation dating back to 2015, which shows the submission of a deferral package to HUD, and corr...
a. Comments on the Finding and Each Recommendation Management concurs with Finding 2022-002 and agrees with the recommendation in the finding. However, the Organization would like to note that it has documentation dating back to 2015, which shows the submission of a deferral package to HUD, and correspondence afterward from HUD stating that due to the government shutdown the package was on hold. Following the hold and the installation of a new Executive Director in May of 2019, the Organization has documentation of correspondence with HUD directly asking for an update on the submitted deferral package, and HUD recognizing that the delays caused the deferral package to be lost in the system and that the old package was deemed incomplete and a new package would need to be submitted. As of November 25, 2020 a Resolution Specialist from HUD was assigned to AHC and since then management has worked closely with her to gather resources and prepare a package for deferral. b. Action(s) Taken or Planned on the Finding Management is currently preparing a deferral package to be submitted to HUD by the upcoming fiscal year end for the deferral and repayment of the Flexible Subsidy Loans. A Capital Needs Assessment was completed on the property July 12, 2021 which provided guidance to the Board of Directors to prepare for future capital needs and the repayment of the loan. In addition, management worked with and met with members of CHFA & DOLA regularly throughout this fiscal year to analyze the CNA and gather information about potential strategies to address capital needs and the repayment of the loan. Management also wrote and received grants for its capital campaign from donors, CHFA, the Colorado Health Foundation and the Community Foundation serving Southwest Colorado. In March of 2022, the board heard a recommendation from RCAC for a large-scale LIHTC rehab project and considered its cost and value. Ultimately, the board decided to term out the HUD loan and continue making upgrades on the units when they turn over, and utilize funds acquired through its capital campaign to make large-scale renovations. Additionally, a successful REAC inspection was completed with a score of 66c on July 14, 2022. Lastly, the HAP Contract for AHC expired September 30, 2022 which caused a delay in the ability to complete the Flex Loan Deferral package, as the Pro Forma depends on the contract rents.
View Audit 29531
Springfield Housing Authority
MA
HUD Housing Programs Special Tests & Provisions
December 28, 2022 SHA CORRECTIVE ACTION Finding Number 2022-002 CFDA No. 14.871 Special Tests and Provisions ? Rent Reasonableness The Authority failed to employ an effective methodology to determine and document the reasonableness of rents charged by owners to Housing Choice Voucher participants i...
December 28, 2022 SHA CORRECTIVE ACTION Finding Number 2022-002 CFDA No. 14.871 Special Tests and Provisions ? Rent Reasonableness The Authority failed to employ an effective methodology to determine and document the reasonableness of rents charged by owners to Housing Choice Voucher participants in accordance with its written Administrative Plan and HUD regulations. 1. Since the beginning of Covid, SHA has had over 15 Program Specialist resign. Currently there are 4 vacant Program Specialist positions. To fill the positions, SHA employees had to act in many different roles and were unable to audit the files. SHA has hired new Program Specialists and they are in the process of being trained on SHA policy and HUD regulations. Person responsible - Blanca Berrios, Director of RAO, Fidan Gousseynoff, Director of HR. Status ? Hiring ongoing, Training ongoing (to be completed by 4/1/2023) 2. Internal Audits ? Our internal auditor has begun reviewing files to ensure compliance with SHA?s written Administrative Plan and HUD Regulations ? Person Responsible- Sandra West ? Internal Auditor. Status - Ongoing 3. Software implementation ? SHA is in the final stages of implementing YARDI. Yardi will take the place of our current outdated software. This will allow for better documenting. Person Responsible- Blanca Berrios, Director of RAO and Stephen Ethier, Director of IT. Status ?completed by 10/1/2022
View Audit 31693
« 1 261 262 264 265 308 »