Finding 1074812 (2024-001)

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Requirement
N
Questioned Costs
-
Year
2024
Accepted
2024-09-26
Audit: 321103
Organization: Russo Street Apartments, Inc. (RI)
Auditor: D'ambra CPA

AI Summary

  • Answer: A tenant certification had an error due to missing the initial EIV form.
  • Trend: This oversight could lead to incorrect rent calculations for both the tenant and HUD.
  • List: Management should implement a process to ensure initial EIVs are completed for new tenants.

Finding Text

Federal program - Section 811: Criteria - : The HUD occupancy handbook specified the form and content of the certifications; Condition: a tenant certification contained an error including no initial EIV form completed (1 of 1 file tested); Effect: The tenant’s and HUD share of rent may be incorrect; Cause: Management oversight. Recommendation: Management should ensure that the initial EIV is run for a new move in. Response: Management will ensure the initial EIV’s are run in the future.

Categories

HUD Housing Programs

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.181 Supportive Housing for Persons with Disabilities $113,808