FAC Explorer

Finding 1081265 (2024-001)

Material Weakness
Requirement
A
Questioned Costs
-
Year
2024
Accepted
2024-11-06
Audit: 327520
Organization: Homecrest House (MD)
Auditor: Cohnreznick LLP

AI Summary

  • Core Issue: There were 21 cases of noncompliance with HUD regulations related to sharing Electronic Income Verification (EIV) information.
  • Impacted Requirements: HUD regulations prohibit the electronic dissemination of EIV data to independent public auditors.
  • Recommended Follow-Up: Review and update procedures to ensure compliance with HUD regulations regarding EIV information sharing.

Finding Text

During the procedures applied to a sample of tenant lease files, we noted the following instances of noncompliance with HUD regulations regarding dissemination of Electronic Income Verification ("EIV") information: 21 instances were noted where EIV information was provided in electronic format to the independent public auditor.

Categories

HUD Housing Programs

Other Findings in this Audit

  • 504823 2024-001
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
14.155 Mortgage Insurance for the Purchase Or Refinancing of Existing Multifamily Housing Projects $8.63M
14.195 Section 8 Housing Assistance Payment Program $3.29M