The four files identified by the auditor in which supporting documentation could not be located will receive a specific secondary review to determine whether the documents exist elsewhere in the property records or whether corrective documentation is required.
The four files identified by the auditor in which supporting documentation could not be located will receive a specific secondary review to determine whether the documents exist elsewhere in the property records or whether corrective documentation is required.
Management will maintain documentation demonstrating completion of the corrective actions and will make the documentation available to HUD, the auditor, or the appropriate oversight agency upon request.
Management will maintain documentation demonstrating completion of the corrective actions and will make the documentation available to HUD, the auditor, or the appropriate oversight agency upon request.
Unable to verify that the required monthly deposit into the replacement reserve bank account was approved by the Department of Housing and Urban Development, during the 2025 calendar year.
Unable to verify that the required monthly deposit into the replacement reserve bank account was approved by the Department of Housing and Urban Development, during the 2025 calendar year.
Management concurs with the finding and the auditor’s recommendation that management should provide the approved documentation, indicating the required monthly deposit into the replacement reserve bank account.
Management concurs with the finding and the auditor’s recommendation that management should provide the approved documentation, indicating the required monthly deposit into the replacement reserve bank account.