FAC Explorer

Finding 1080411 (2024-001)

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Requirement
C
Questioned Costs
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Year
2024
Accepted
2024-10-28
Audit: 326257
Organization: Reno Voa Elderly Housing, Inc. (sierra Manor Ii) (LA)
Auditor: Maddox & Associates Apc

AI Summary

  • Issue: The project failed to send excess residual receipts to HUD.
  • Trend: This could indicate a pattern of non-compliance with financial reporting requirements.
  • Follow-up: Review procedures for handling residual receipts and ensure timely remittance to HUD moving forward.

Finding Text

The project did not remit excess residual receipts to HUD.

Categories

HUD Housing Programs Cash Management

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $5.42M
14.239 Home Investment Partnerships Program $895,241