FAC Explorer

Finding 1100904 (2023-001)

Significant Deficiency
Requirement
C
Questioned Costs
-
Year
2023
Accepted
2025-02-25
Audit: 343799
Organization: Collier Housing Alternatives, Inc. (FL)
Auditor: Saltmarsh Cleaveland & Gund

AI Summary

  • Issue: The Company lacks a separate bank account in a federally insured depository.
  • Requirement: An interest-bearing account is necessary to meet program compliance.
  • Recommendation: Open a separate interest-bearing account at a federally insured bank.

Finding Text

The Company did not maintain a separate bank account in a federally insured depository in an interest-bearing account. We recommend that the company create a separate account in a federally insured depository in an interest-bearing account to prevent noncompliance with the program requirements.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 524462 2023-001
    Significant Deficiency
  • 524463 2023-002
    Significant Deficiency
  • 1100905 2023-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
14.181 Supportive Housing for Persons with Disabilities $846,421