Finding 1120813 (2024-002)

-
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2025-03-31
Audit: 351017
Organization: Haley's Park, Inc. 086-Hd033 (TN)

AI Summary

  • Issue: Reserve deposits for the Supportive Housing program were not made on time due to accounting turnover.
  • Requirements Impacted: Timely reserve deposits are mandated by the Uniform Administrative Requirements.
  • Follow-Up: Implement procedures to ensure compliance with reserve deposit requirements; management agrees and has a corrective action plan in place.

Finding Text

2024-002 – Nonmaterial Noncompliance Over Special Tests Information on the Federal Program: U.S. Department of Housing and Urban Development ALN 14.181 ALN Name: Supportive Housing Criteria or Specific Requirements: Reserve deposits are required to be made monthly at a predetermined rate. Condition and Context: During our testing of compliance, we identified that reserve deposits had not been made timely. Questioned Costs: None noted. Cause: Haley’s Park experienced turnover within the accounting function that resulted in these deposits being overlooked. Effect: Failure to make reserve deposits as outlined in the Uniform Administrative Requirements could result in the rental assistance funds being withheld. Recommendation: We recommend that Haley’s Park put procedures in place to ensure reserve deposits compliance requirements are being maintained. Views of Responsible Officials: Haley’s Park management agrees with the finding and recommendations set forth within and has developed a corrective action plan to address the instances of noncompliance identified. Corrective Action Plan: See Corrective Action Plan prepared by Haley’s Park, Inc.

Categories

Special Tests & Provisions

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.181 Supportive Housing for Persons with Disabilities $60,453