FAC Explorer

Finding 1054644 (2023-003)

Significant Deficiency
Requirement
C
Questioned Costs
-
Year
2023
Accepted
2024-07-11
Audit: 314892
Organization: Anderson Place Apartments, Inc. (IN)
Auditor: Deming Malone Livesay & Ostroff

AI Summary

  • Answer: Excess residual receipts were not sent to HUD as required.
  • Trend: This issue indicates a pattern of non-compliance with financial remittance rules.
  • List: Follow up by ensuring timely remittance of excess receipts and reviewing compliance procedures.

Finding Text

Excess residual receipts were not remitted to HUD as required.

Categories

HUD Housing Programs Cash Management

Other Findings in this Audit

  • 478200 2023-001
    Material Weakness
  • 478201 2023-002
    Material Weakness
  • 478202 2023-003
    Significant Deficiency
  • 1054642 2023-001
    Material Weakness
  • 1054643 2023-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
14.181 Supportive Housing for Persons with Disabilities $751,134