Finding Text
2024-005 – REPORTING
Significant Deficiency/Other Noncompliance
U.S. Department of Housing and Urban Development
ALN #: 14.872 – Public Housing Capital Fund
CRITERIA
HUD-53001, Actual Modernization Cost Certificate (AMCC) Capital Fund Program (OMB No. 2577-0157)
Report authority: 24 CFR 905.324 Data Reporting Requirements For modernization projects, the PHA shall submit the AMCC within 90 days after Expenditure End Date. To initiate the closeout process, the PHA shall submit the AMCC which details actual costs incurred between the DOFA date and the completion of the modernization project.
CONDITION
The Authority did not submit the AMCC for 2019 Capital Fund Program grant within 90 days after Expenditure End Date.
CAUSE
The Authority was not aware of approaching reporting deadlines and did not take appropriate or sufficient action to initiate the closeout process.
EFFECT
The Authority did not comply with the Reporting requirements.
QUESTIONED COSTS
None identified.
CONTEXT
The closeout process for 2019 CFP grant was not initiated within the 90 days after Expenditure
End Date.
REPEAT FINDING
Not a repeat finding.
RECOMMENDATION
We recommend that the Authority ensure that controls are in place to prevent reporting deadlines from being missed for future Capital Fund grants.
AUDITEE’S RESPONSE AND PLANNED CORRECTIVE ACTION
See Corrective Action Plan.