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.