FAC Explorer

Corrective Action Plans

Browse how organizations respond to audit findings

Total CAPs
61,436
In database
Filtered Results
8,289
Matching current filters
Showing Page
312 of 332
25 per page

Filters

Clear
Active filters: HUD Housing Programs
Finding 21151 (2022-001)
Significant Deficiency 2022
Palatka Housing Authority
FL
Eligibility HUD Housing Programs Significant Deficiency
November 23, 2022 U.S Department of Housing and Urban Development Office of Public Housing 400 West Bay Street, Suite 1015 Jacksonville, FL 32202 The Palatka Housing Authority respectfully submits the following corrective action plan for the year ended March 31, 2022. Berman Hopkins Wright & LaHam, ...
November 23, 2022 U.S Department of Housing and Urban Development Office of Public Housing 400 West Bay Street, Suite 1015 Jacksonville, FL 32202 The Palatka Housing Authority respectfully submits the following corrective action plan for the year ended March 31, 2022. Berman Hopkins Wright & LaHam, CPAs and Associates, LLP 8035 Spyglass Hill Road Melbourne, Fl 32940 Audit period: April 1, 2021 - March 31, 2022 Findings - Federal Award Programs Audit 2022-001 Eligibility U.S Department of HUD - Public and Indian housing AL 14.850 Significant Deficiencies in Internal Controls Condition: Out of a total applicant population of approximately 420 tenant, 40 applicants were tested and the following deficiencies were noted: 1. 1 file has a late annual recertification 2. 2 files had missing or incorrect 214 declaration documents, 3. 1 file was missing a permanent historical document, 4. 1 file was missing a signed flat rent option sheet, 5. 2 files had missing or unsigned 9886 release of information forms, and 6. 1 file had incorrectly calculated tenant income. Auditor recommendations: The Authority should continue to train staff on the established procedures and controls in places to ensure fill compliance in regards to eligibility. The Authority needs to correct the deficiencies notes in the tested files and consider the impact to the rest of the population of tenant files that were not selected as part of the auditor's sample. Action Taken by PHA per deficiency: 1. Household transferred to different affordable housing unit and the new move-in date was assumed instead of maintaining the original move-in date. As a result, the recertification occurred within 14 calendar months instead of 12. The PHA will ensure that future transfers maintain their original recertification date. 2. In two instances, the HOH executed her name where the minor childrens's' names should have been written. The forms have been corrected to reflect the names of the minors and the HOH signed each form correctly. The corrected forms have been added to the tenant's file. 3. The PHA is working with the elderly resident in obtaining a copy of their birth certificate. We are also researching historical records in search of the document. The resident has resided in our affordable housing program for more than thirty years. 4. The flat rent option form has been presented to the HOH, executed, and placed in the tenant's file. 5. The release forms for the 2 resident files have been properly excited and placed in the resident's file. 6. Resident submitted VA Benefit documentation dated, December 9, 2021. The document listed benefits in the amount of $1,357.56; however, the resident recorded VA benefits as $1,437.66 within the recertification packet under total household income. The written figure was utilized for the rent calculation. Should the Department of Housing and Urban Development have any questions regarding this plan, please contract my office Sincerely Dr. Anthony E. Woods President/CEO
View Audit 22040
Finding 20999 (2022-001)
Significant Deficiency 2022
Independent Living Horizons Five, Inc.
GA
Questioned Costs HUD Housing Programs Reporting
Finding 2022-001 Section 811 Supportive Housing for Persons with Disabilities CFDA 14.181 Recommendation: We recommend the owner implement procedures to ensure the project?s surplus cash funds be transferred to a federally insured residual receipts account within 60 days following year-end. Action T...
Finding 2022-001 Section 811 Supportive Housing for Persons with Disabilities CFDA 14.181 Recommendation: We recommend the owner implement procedures to ensure the project?s surplus cash funds be transferred to a federally insured residual receipts account within 60 days following year-end. Action Taken: The Project transferred the surplus cash funds to the residual receipts account on September 13, 2022. If the U.S. Department of Housing and Urban Development has questions regarding the plan, please call me at 706-823-8505. Sincerely, /s/ Dennis B. Skelley Dennis B. Skelley, President/CEO
View Audit 22922 Questioned Costs: $1
Limestone Senior Housing D/b/a Branch Creek Apartments
AL
Questioned Costs Subrecipient Monitoring HUD Housing Programs § 200.512
2022-001- Noncompliance with Single Audit Submission Requirements Condition: Organization did not submit their Single Audit reporting package and data collection form to the Federal Audit Clearinghouse (FAC) for FY 2021. Corrective Action Planned: Organization has been in communication with pre...
2022-001- Noncompliance with Single Audit Submission Requirements Condition: Organization did not submit their Single Audit reporting package and data collection form to the Federal Audit Clearinghouse (FAC) for FY 2021. Corrective Action Planned: Organization has been in communication with predecessor auditor to submit fiscal year 2021 single audit. Additionally, the Organization will implement a new control procedure to ensure Single Audit reporting package and data collection form are submitted timely to FAC. Person(s) responsible for corrective action: Rex Snyder, Chief Accounting Officer Telephone: (205) 639-5125 Anticipated Completion Date: Organization has been in communication with predecessor auditor to submit fiscal year 2021 before fiscal year 2022 is submitted. Management company to implement new control procedure before end of fiscal year 2023.
View Audit 21641
Finding 20784 (2022-002)
Significant Deficiency 2022
Canyon Village Senior Citizens Housing, Inc.
WY
HUD Housing Programs Questioned Costs Subrecipient Monitoring
Finding #2022-002 Comments on Finding and Recommendation: The Corporation's required deposit into the residual receipts account of $27,293 per the June 30, 2021 Computation of Surplus Cash, Distributions and Residual Receipts was not deposited within 90 days of the fiscal year end. Management should...
Finding #2022-002 Comments on Finding and Recommendation: The Corporation's required deposit into the residual receipts account of $27,293 per the June 30, 2021 Computation of Surplus Cash, Distributions and Residual Receipts was not deposited within 90 days of the fiscal year end. Management should make all required residual receipts deposits per the annual Computation of Surplus Cash, Distributions and Residual Receipts within 90 days after the fiscal year end. Action(s) taken or planned on the finding: Agree. Management deposited $27,293 into the residual receipts fund on February 16, 2022. No further action is required.
View Audit 27624 Questioned Costs: $1
Finding 20783 (2022-001)
Significant Deficiency 2022
Canyon Village Senior Citizens Housing, Inc.
WY
Questioned Costs Subrecipient Monitoring HUD Housing Programs
Finding #2022-001 Comments on Finding and Recommendation: The Corporation's Flexible Subsidy Loan was due in full upon maturity of the Corporation's Section 202 mortgage loan, which occurred in March 2017. As of June 30, 2022, the Flexible Subsidy Loan has not been repaid and the Corporation is in t...
Finding #2022-001 Comments on Finding and Recommendation: The Corporation's Flexible Subsidy Loan was due in full upon maturity of the Corporation's Section 202 mortgage loan, which occurred in March 2017. As of June 30, 2022, the Flexible Subsidy Loan has not been repaid and the Corporation is in technical default on the Flexible Subsidy Loan. Management should continue communicating with HUD in order to obtain approval for the deferment request for the Section 201 Flexible Subsidy Loan. Action(s) taken or planned on the finding: Management agrees with the recommendation. Management has submitted a request for deferment of the Flexible Subsidy Loan. Management is awaiting HUD approval of the deferment request.
View Audit 27624
City of Des Moines, Iowa
IA
Questioned Costs HUD Housing Programs Reporting
Finding 2022-003, Requirement N (Special Tests -Housing Quality Standards) U.S. Department of Housing and Urban Development (HUD) HOME Investment Partnership Program ? ALN 14.239 Federal Award Year 2022 Finding: The City did not have sufficient controls to properly track and perform timely inspectio...
Finding 2022-003, Requirement N (Special Tests -Housing Quality Standards) U.S. Department of Housing and Urban Development (HUD) HOME Investment Partnership Program ? ALN 14.239 Federal Award Year 2022 Finding: The City did not have sufficient controls to properly track and perform timely inspections on housing as inspections came due as required under the program. City Management?s Response: The Neighborhood Services Department has been made aware of the issue and is working to ensure that all requirements under their grants are adhered to. Anticipated completion date: June 30, 2023 Contact person: James Remington, CPA Deputy Finance Director
View Audit 26739
Finding 20765 (2022-003)
Significant Deficiency 2022
Anchor Community, Inc. Dba Redi Anchor Apts 101-Hd029
CO
HUD Housing Programs Questioned Costs Subrecipient Monitoring
Statement of condition #2022-003: For the year ended March 31, 2022, the Corporation received COVID-19 Supplemental Funds not related to the Property that totaled $18,942. Recommendation: The Agent should repay the amounts received on behalf of related parties to HUD or have the related parties con...
Statement of condition #2022-003: For the year ended March 31, 2022, the Corporation received COVID-19 Supplemental Funds not related to the Property that totaled $18,942. Recommendation: The Agent should repay the amounts received on behalf of related parties to HUD or have the related parties contact HUD to obtain permission for the funds to be paid directly to the related parties. Action(s) Taken or Planned on the Finding: The Corporation concurs with the finding and agrees with the auditor's recommendation.
View Audit 23889 Questioned Costs: $1
Finding 20764 (2022-002)
Significant Deficiency 2022
Anchor Community, Inc. Dba Redi Anchor Apts 101-Hd029
CO
HUD Housing Programs Questioned Costs Subrecipient Monitoring
Statement of Condition #2022-002: For the year ended March 31, 2022, the Corporation paid management fees to the Agent in excess of the fees earned resulting in prepaid management fees of $1,122 at March 31, 2022. Recommendation: The Agent should repay the prepaid management fee balance. Action(s)...
Statement of Condition #2022-002: For the year ended March 31, 2022, the Corporation paid management fees to the Agent in excess of the fees earned resulting in prepaid management fees of $1,122 at March 31, 2022. Recommendation: The Agent should repay the prepaid management fee balance. Action(s) taken or planned on the finding: The Corporation concurs with the finding and agrees with the auditor's recommendation. The Agent repaid the prepaid management fees on July 20, 2022.
View Audit 23889 Questioned Costs: $1
Jfm No. 3 Corp.
ME
HUD Housing Programs
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FINDING NO. 2022-001: Section 811, CFDA 14.181 Recommendation: Rent charged should be based on the approved calculation based on tenant income. Action Taken: This issue was resolved with the April 2022 HAP.
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FINDING NO. 2022-001: Section 811, CFDA 14.181 Recommendation: Rent charged should be based on the approved calculation based on tenant income. Action Taken: This issue was resolved with the April 2022 HAP.
View Audit 20833
Finding 20687 (2022-105)
Material Weakness 2022
Pinal County, Arizona
AZ
HUD Housing Programs Reporting
Finding 2022-105 ? Spending not in Compliance with Activities Allowed by the Compliance Requirements (Material Weakness) FAL Number: 14.871 Program Title: Housing Voucher Cluster Note: Finding noted by other auditors as finding 2022-003. Condition and Context ? As of June 30, 2022, the restr...
Finding 2022-105 ? Spending not in Compliance with Activities Allowed by the Compliance Requirements (Material Weakness) FAL Number: 14.871 Program Title: Housing Voucher Cluster Note: Finding noted by other auditors as finding 2022-003. Condition and Context ? As of June 30, 2022, the restricted cash for the housing program does not exceed the ending housing assistance payment (HAP) restricted net position. Recommendation ? The other auditors recommended management hire and retain competent individuals to calculate the restricted net position, HAP reserves and properly manage spending of funds. Contact Name: Rolanda Cephas, Housing Director Corrective Action Planned: The Housing Authority has recruited a Finance Manager who has demonstrated that she has strong financial skills and has sufficient knowledge and understanding of the factors that determine the Housing Authority's restricted net positions. Anticipated Completion Date: June 30, 2023
View Audit 28393
Finding 20686 (2022-104)
Material Weakness 2022
Pinal County, Arizona
AZ
HUD Housing Programs
Finding 2022-104 - Inaccurate Amount on the Voucher Management System Submissions (Material Weakness) FAL Number: 14.871 Program Title: Housing Voucher Cluster Note: Finding noted by other auditors as finding 2022-002. Condition and Context: The U.S. Department of Housing and Urban Development...
Finding 2022-104 - Inaccurate Amount on the Voucher Management System Submissions (Material Weakness) FAL Number: 14.871 Program Title: Housing Voucher Cluster Note: Finding noted by other auditors as finding 2022-002. Condition and Context: The U.S. Department of Housing and Urban Development uses the Voucher Management System (VMS) to collect Public Housing Agency?s (PHA) data that enables HUD to fund, obligate, and disburse funding. For the fiscal year, the Housing Authority did not submit the correct restricted net position amounts. Recommendation: The other auditors recommended management hire and retain competent individuals to handle the monthly VMS submission. Contact Name: Rolanda Cephas, Housing Director Corrective Action Planned: The Housing Authority has recruited a Finance Manager who has demonstrated that she has strong financial skills and has sufficient knowledge and understanding of the factors that determine the Housing Authority's restricted net positions to accurately report in the Voucher Management System. Anticipated Completion Date: June 30, 2023
View Audit 28393
Finding 20680 (2022-001)
Significant Deficiency 2022
Timber Hills Housing of Tishomingo County, Inc.
MS
HUD Housing Programs Significant Deficiency
CORRECTIVE ACTION PLAN U.S. Department of Housing and Urban Development Timber Hills Housing of Tishomingo County (the "Project") respectfully submits the following corrective action plan for the year ended September 30, 2022. Audit Firm: Harper, Rains, Knight & Company, P.A. 1052 Highland Colony Pa...
CORRECTIVE ACTION PLAN U.S. Department of Housing and Urban Development Timber Hills Housing of Tishomingo County (the "Project") respectfully submits the following corrective action plan for the year ended September 30, 2022. Audit Firm: Harper, Rains, Knight & Company, P.A. 1052 Highland Colony Parkway, Suite 100 Ridgeland, MS 39157 Audit Period: Year Ended September 30, 2022 Finding 2022-001: Replacement Reserve Deposits Recommendation: The Project should make the additional payment to meet the requirement and should implement a process to ensure implements a monthly process to ensure that all required payments have been made to the replacement reserve account in the correct to ensure compliance with their Regulatory Agreement. Actions Taken: Management concurs with the finding. Management will make an additional deposit to meet requirement and implement controls to ensure that all required deposits are made. If the U.S. Department of Housing and Urban Development for audit has questions regarding this plan, please call Scott Russell at 601-856-2362. Sincerely, Timber Hills Housing of Tishomingo County
View Audit 27375
Housing Associates, Inc.
MD
HUD Housing Programs Reporting
September 23, 2022 Department of Housing and Urban Development Housing Associates, Inc., HUD Project No. 052-HD-0081, respectfully submits the following corrective action plan for the year ended June 30, 2022. Name and address of independent public accounting firm: Lochte & Company, P.A. 11350 M...
September 23, 2022 Department of Housing and Urban Development Housing Associates, Inc., HUD Project No. 052-HD-0081, respectfully submits the following corrective action plan for the year ended June 30, 2022. Name and address of independent public accounting firm: Lochte & Company, P.A. 11350 McCormick Road Executive Plaza 3, Suite 503 Hunt Valley, MD 21031 Audit Period: July 1, 2021 through June 30, 2022 The findings from the June 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 PROGRAM AUDIT Finding No. 2022-001 ? Section 811 Project, CFDA #14.181 Recommendation: We recommend that the organization continue to correct the deficiencies cited in the HUD report and review and revise procedures related to unit inspections to ensure that unit deficiencies are identified promptly and corrected. Action Taken: We have been working diligently to correct the deficiencies cited and most are now corrected, however, supply chain issues are affecting the speed at which the repairs can be completed. We will continue to inform HUD of our progress and any related challenges. We have terminated the relationship with the property management company under contract during the failed unit inspection in October 2021 and have been inspecting the property units more frequently internally to identify maintenance issues and problems before they become serious. If HUD has any questions regarding this plan, please contact Nico Sanders at 410-545-4429. Sincerely yours, Nico Sanders, Executive Director
View Audit 19439
Finding 20611 (2022-002)
Material Weakness 2022
Mahalo Homes, Inc.
MD
HUD Housing Programs Questioned Costs Cash Management
Recommendation: Training of staff should be performed to bring staff up to date with the implementation of all residual receipts compliance requirements. Action Taken: The Organization will pay down the residual receipts note in the amount previously approved by HUD. Otherwise it will appear that th...
Recommendation: Training of staff should be performed to bring staff up to date with the implementation of all residual receipts compliance requirements. Action Taken: The Organization will pay down the residual receipts note in the amount previously approved by HUD. Otherwise it will appear that they are holding excess residual receipts, which is not the case.
View Audit 20879 Questioned Costs: $1
Finding 20610 (2022-001)
Material Weakness 2022
Mahalo Homes, Inc.
MD
Questioned Costs HUD Housing Programs Reporting
Recommendation: In conjunction with Mahalo Homes, Inc. and their local HUD field office, it was determined that the related party should invoice the Organization for project expenses on a monthly basis. In turn, Mahalo Homes, Inc. should pay the invoice amount on a monthly basis. Action Taken: The a...
Recommendation: In conjunction with Mahalo Homes, Inc. and their local HUD field office, it was determined that the related party should invoice the Organization for project expenses on a monthly basis. In turn, Mahalo Homes, Inc. should pay the invoice amount on a monthly basis. Action Taken: The auditors have worked with the auditee to determine a course of action. All parties agreed with the recommendation to avoid unauthorized distributions.
View Audit 20879 Questioned Costs: $1
Robeson County Housing Authority
NC
Questioned Costs HUD Housing Programs
2022-002: The files in question will be adjusted during the tenant?s annual recertification. The housing managers (along with internal audit team members) will attend yearly rent recalculation refresher courses and check for errors when recalculating rent. The internal audit team will conduct intern...
2022-002: The files in question will be adjusted during the tenant?s annual recertification. The housing managers (along with internal audit team members) will attend yearly rent recalculation refresher courses and check for errors when recalculating rent. The internal audit team will conduct internal tenant file reviews monthly. The Housing Director will discuss file management during monthly staff meetings. The Authority plans to implement these procedures effective January 1, 2023.
View Audit 19320 Questioned Costs: $1
Robeson County Housing Authority
NC
HUD Housing Programs
2022-001: In the original budget, funds were budgeted for debt service. In May 2022, the Authority approved a budget revision that mistakenly reallocated the debt service budget dollars. This debt was paid off in August 2022. We do not anticipate this to be a finding in the next fiscal year.
2022-001: In the original budget, funds were budgeted for debt service. In May 2022, the Authority approved a budget revision that mistakenly reallocated the debt service budget dollars. This debt was paid off in August 2022. We do not anticipate this to be a finding in the next fiscal year.
View Audit 19320
Finding 20585 (2022-001)
Material Weakness 2022
Verona R-Vii School District
MO
Internal Control / Segregation of Duties HUD Housing Programs
CORRECTIVE ACTION PLAN October 4, 2022 U.S. DEPARTMENT OF EDUCATION Verona School District R-VII respectfully submits the following corrective action plan for the year ended June 30, 2022. Contact information for the individual responsible for the corrective action: Dr. Tony Simmons, Superintend...
CORRECTIVE ACTION PLAN October 4, 2022 U.S. DEPARTMENT OF EDUCATION Verona School District R-VII respectfully submits the following corrective action plan for the year ended June 30, 2022. Contact information for the individual responsible for the corrective action: Dr. Tony Simmons, Superintendent Verona School District R-VII 101 E Ella Street Verona, MO 65734 (417) 498-2274 Independent Public Accounting Firm: The CPA Group, PC, 217 4th Street, Monett, MO 65708 Audit Period: Year ended June 30, 2022 The findings from the June 30, 2022, Schedule of Findings and Questioned Costs are discussed below. The findings are numbered consistently with the numbers assigned in the schedule. FINDINGS ? FINANCIAL STATEMENT AUDIT Material Weakness ? Internal Control over Financial Reporting - Segregation of duties Finding 2022-001 Recommendation: We realize Because of limited resources and personnel, management may not be able to achieve a proper segregation of duties; however, our professional standards require that we bring this lack of segregation of duties to your attention in this report. Action Taken: The limited number of available personnel prohibits segregation of incompatible duties and the District does not have the resources to hire additional accounting personnel. Completion Date: Not applicable Sincerely, Dr. Tony Simmons, Superintendent Verona School District R-VII
View Audit 20357
Finding 20566 (2022-001)
Significant Deficiency 2022
Johnnie B. Moore Towers, Inc.
GA
Questioned Costs HUD Housing Programs
Reportable Views of Responsible Officials: We agree that the Corporation overpaid the management fees, resulting in a receivable from HRC as of December 31, 2022. Management agrees that the fees were paid in excess of the amount allowed by the HUD approved management certification. Context: Not appl...
Reportable Views of Responsible Officials: We agree that the Corporation overpaid the management fees, resulting in a receivable from HRC as of December 31, 2022. Management agrees that the fees were paid in excess of the amount allowed by the HUD approved management certification. Context: Not applicable Recommendation: Management fee calculations should be consistent with terms agreed upon. Auditors? Summary of the Auditee?s Comments on the Findings and Recommendations: Agree with management's assessment. Response Indicator: Agree Completion Date: 12/31/2023
View Audit 28353 Questioned Costs: $1
Finding 20564 (2022-002)
Significant Deficiency 2022
Battle Creek Housing Commission
MI
HUD Housing Programs Questioned Costs Reporting
2022-002 Housing Choice Vouchers ? CFDA 14.871 Recommendation: The Commission should implement policies and procedures to ensure all proper reporting is completed per the grant requirements. Action Taken: Management will implement policies and procedures to ensure compliance with all reporting r...
2022-002 Housing Choice Vouchers ? CFDA 14.871 Recommendation: The Commission should implement policies and procedures to ensure all proper reporting is completed per the grant requirements. Action Taken: Management will implement policies and procedures to ensure compliance with all reporting requirements of the Housing Choice Voucher Grant. Anticipated Completion Date of Action: September 30, 2023
View Audit 26661
Finding 20479 (2022-002)
Material Weakness 2022
Mercy Neighborhood Ministries, Inc.
PA
Internal Control / Segregation of Duties HUD Housing Programs Material Weakness
Views of Responsible Officials Management will implement procedures to ensure that timely and accurate financial information is prepared in accordance with generally accepted accounting principles.
Views of Responsible Officials Management will implement procedures to ensure that timely and accurate financial information is prepared in accordance with generally accepted accounting principles.
View Audit 27495
Morning Calm Apt
WA
HUD Housing Programs Questioned Costs Subrecipient Monitoring
Department of Housing and Urban Development Auditee identification number: 127-EE017 Name of audit firm: Squires Maddux & Company, PLLC Period covered by the audit: Year Ended June 30, 2022 Prepared by: S3800-160: Contact Person First Name: Marc S3800-170: Contact Person Middle Initial: ...
Department of Housing and Urban Development Auditee identification number: 127-EE017 Name of audit firm: Squires Maddux & Company, PLLC Period covered by the audit: Year Ended June 30, 2022 Prepared by: S3800-160: Contact Person First Name: Marc S3800-170: Contact Person Middle Initial: S3800-180: Contact Person Last Name: Busch Contact Email Address: marc.busch@coastmgt.com The finding from the June 30, 2022 schedule of findings and question 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. FINDING NO. 2022-003 Recommendation: Management should institute a monitoring process to review approved HUD 9250?s ensuring that all withdrawals are made from the proper account. S3800-130: Response Indicator: Agree. S3800-140: Completion Date: March 24, 2023 S3800-150: Action Taken: Management agrees with the finding and plans to take corrective actions which include communication with the Project Accountant and Regional Manager about withdrawals, and will transfer $4,400 from the replacement reserve account to the residual receipts account..
View Audit 26498 Questioned Costs: $1
Morning Calm Apt
WA
Questioned Costs Subrecipient Monitoring HUD Housing Programs
Department of Housing and Urban Development Auditee identification number: 127-EE017 Name of audit firm: Squires Maddux & Company, PLLC Period covered by the audit: Year Ended June 30, 2022 Prepared by: S3800-160: Contact Person First Name: Marc S3800-170: Contact Person Middle Initial: ...
Department of Housing and Urban Development Auditee identification number: 127-EE017 Name of audit firm: Squires Maddux & Company, PLLC Period covered by the audit: Year Ended June 30, 2022 Prepared by: S3800-160: Contact Person First Name: Marc S3800-170: Contact Person Middle Initial: S3800-180: Contact Person Last Name: Busch Contact Email Address: marc.busch@coastmgt.com The finding from the June 30, 2022 schedule of findings and question 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. FINDING NO. 2022-002 Recommendation: Management should institute a monitoring process to ensure all required monthly deposits to the replacement reserve are made. Such process could include initiating automatic recurring monthly transfers with the financial institution that maintains the replacement reserve account. S3800-130: Response Indicator: Agree. S3800-140: Completion Date: March 24, 2023 S3800-150: Action Taken: Senior management has discussed the deficiency with the Project Accountant and Regional Manager. All future deposits the replacement reserve will be made as required in the regulatory agreement.
View Audit 26498 Questioned Costs: $1
The Seneca Apartments (a Restricted Project of Lake Area Development)
NY
Questioned Costs Special Tests & Provisions HUD Housing Programs
Name of auditee: The Seneca Apartments (A Restricted Project of Lake Area Development Corporation). Project No.: 014-35190 TIN: 16-1492087 Name of audit firm: EFPR Group, CPAs, PLLC Period covered by audit: December 31, 2022 CAP prepared by: Robert Doeblin Chief Executive Officer, Geneva Housing Aut...
Name of auditee: The Seneca Apartments (A Restricted Project of Lake Area Development Corporation). Project No.: 014-35190 TIN: 16-1492087 Name of audit firm: EFPR Group, CPAs, PLLC Period covered by audit: December 31, 2022 CAP prepared by: Robert Doeblin Chief Executive Officer, Geneva Housing Authority (315) 789-8010 Finding 2022-001 Management is aware of the terms of the regulatory agreement between the Corporation and HUD dated December 22, 2004. Management also considers its role of protecting the health and safety of the residents as well as protecting the building from further damage to be of the upmost importance. That being said, management assessed the overall roof conditions and considered the safety of the residents, the continued damage being done to the building, and the lack of response from HUD. Management then proceeded to temporarily relocate various residents and authorized the roof replacement, deeming it an emergency. It should be noted that the roof replacement work item was on the HUD approved Capital Improvement Schedule. Management will continue to work with HUD to obtain the necessary approvals and expects to have this situation resolved by December 31, 2023. Additionally, management will strive to obtain all future required approvals from HUD for eligible capital improvements items while at the same time protecting the integrity of the building and safeguarding health and safety of the residents.
View Audit 23757
New Life Homes 3
NM
Questioned Costs HUD Housing Programs Reporting
September 23, 2022 To the Department of Housing & Urban Development Re: Corrective Action Plan New Life Homes 3 respectfully submits the following corrective action plan for the year ended June 30, 2022. Name and address of independent public accounting firm: Palmer & Company 701 Osuna NE, Ste 100 A...
September 23, 2022 To the Department of Housing & Urban Development Re: Corrective Action Plan New Life Homes 3 respectfully submits the following corrective action plan for the year ended June 30, 2022. Name and address of independent public accounting firm: Palmer & Company 701 Osuna NE, Ste 100 Albuquerque, NM 87113 Audit period: June 30, 2022 The findings from the June 30, 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 PROGRAMS AUDITS Finding 2022-001 - Special Tests and Provisions - Residual Receipts Excess Federal program information: Title: Section 811 Capital Advance CFDA Number: 14.181 Resolution Status: In Process Information on Universe Population Size: Population size is the total amount in the Residual Receipts account at year-end, June 30, 2022. Sample Size Information: Residual receipts ending balance at June 30, 2022, considering excess residual receipts due for remittance at PRAC contract termination/renewal at June 1, 2022. Identification of Repeat Finding and Finding Reference Number: This is the fourth consecutive year for this finding for the property. Criteria: Pursuant to Housing Notice H-2012-14 and additional authoritative communications from HUD, the organization was required to remit excess residual receipts (all amounts over a prescribed allowance of $250 per revenue-producing units, $3,500) at the time of the PRAC contract termination/renewal, June 1, 2022. Statement of Condition: As of June 30, 2022 the excess residual receipts, $4,861 has not been remitted to HUD. A form 9250 has been submitted to HUD but it is pending as of September 23, 2022. Cause: Management has submitted a request to withdraw the excess funds from residual receipts and submit to HUD, but the request has not been approved and management has not followed up on the original request. Effect or Potential Effect: The project is not in compliance with the Capital Advance and current HUD regulations, the project?s residual receipts account was over-funded for the current year and excess residual receipts have not remitted to HUD as required. Auditor Non-Compliance Code: B Questioned Cost: $4,861 Reporting Views of Responsible Officials: Management agrees that there are excess funds in the residual receipts account. Recommendation: Management should follow up with HUD relative to the approval request to remit excess residual receipts as described. Auditor?s Summary of Auditee ?s Comments on the Findings and Recommendations: Management agrees with the finding and will follow up with HUD to obtain the necessary approval to remit the $4,861 in excess residual receipts funds to HUD. Completion Date: n/a Response: Management will follow up with HUD for permission to remit the excess residual receipts. Action Plan: Management will follow up with HUD on remitting the excess funds in the residual receipts account. If you have questions regarding this plan, please call Lori at 505-325-6515 ext 107.
View Audit 19984 Questioned Costs: $1
« 1 310 311 313 314 332 »