FAC Explorer

Finding 1054731 (2024-002)

- Repeat Finding
Requirement
E
Questioned Costs
-
Year
2024
Accepted
2024-07-11
Audit: 314973
Organization: Epsom Elderly Housing, Inc. (NH)
Auditor: Leone McDonnell & Roberts P A

AI Summary

  • Core Issue: Tenant rent and assistance calculations were incorrect due to oversight.
  • Impacted Requirements: Annual recertification of tenant income and expenses as mandated by HUD was not properly followed.
  • Recommended Follow-up: Implement a review procedure where a second individual checks tenant income and expenses for accuracy.

Finding Text

Finding 2024-002: Compliance finding Information on Universe Population Size : Population size was 56 files. Sample Size Information : Ten tenant files were tested. Condition: Tenant rent and tenant assistance were not calculated correctly. Criteria: HUD requires that tenant income and expenses be recertified annually to determine tenant and HUD portions of rent. Effect: Tenant portion and HUD portion of rent were inaccurate. Context: Auditor selected tenant files to test the tenant eligibility, income and allowable expenses and noted multiple files in which the income and/or expenses were not calculated correctly. Cause: Oversight by property manager. Recommendation: A procedure be implemented to ensure that all tenant income and expenses are reviewed by a second individual to ensure accuracy.

Categories

Eligibility HUD Housing Programs Internal Control / Segregation of Duties

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $3.45M