Finding Text
Multifamily Housing Projects – AL No. 14.155
a. Condition: During the audit of Syracuse YMCA Senior Citizen Housing Development Fund
Corporation (Syracuse YMCA Apartments), it was identified that property management
failed to perform required tenant recertifications for multiple tenants within the HUD
required time frame.
b. Criteria: Syracuse YMCA Apartments is required to provide timely and accurate
recertifications to HUD to verify compliance with tenant eligibility and rent calculations.
c. Effect: The project is not in compliance with the HUD Regulatory Agreement as it relates
to the annual recertification of tenants. This failure can result in incorrect rent calculations,
potentially causing overpayments or underpayments of subsidies and suspension of subsidy
payments.
d. Cause: Procedures are in place for annual tenant recertification. However, due to
significant employee turnover and lack of property management staff, there was an
oversight by the managing agent in ensuring all tenants were recertified annually in
accordance with HUD guidelines.
e. Recommendation: Syracuse YMCA Apartments should take measures to ensure that all
tenants who have missed their recertification deadlines are properly recertified as soon as
administratively feasible. In addition, management should implement internal policies to
ensure all future recertifications are completed within HUD’s required timeline to avoid
further disruption of subsidy payments.
f. Views of Responsible Officials and Planned Corrective Actions: Syracuse YMCA
Apartments agrees with the finding and the auditor’s recommendations have been adopted.