Finding 1145455 (2024-001)

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Requirement
N
Questioned Costs
-
Year
2024
Accepted
2025-06-30
Audit: 360638
Organization: Piazza Apartments (FL)

AI Summary

  • Core Issue: The Project failed to submit the PRAC renewal request at least 120 days before the contract expiration, violating HUD regulations.
  • Impacted Requirements: Compliance with HUD's timeline for PRAC renewal submissions, which affects the timely receipt of HAP funds.
  • Recommended Follow-Up: Management should establish procedures to ensure timely submission of PRAC renewals, with new staff assigned to monitor this process.

Finding Text

Finding No. 2024-001: Section 202 Supportive Housing for the Elderly, ALN 14.157 Finding Resolution Status: Resolved. Information on Universe Population Size: Total assistance revenue. Sample Size Information: All monthly PRAC requests. Identification of Repeat Finding and Finding Reference Number: No. Criteria: As required by HUD regulations, applications for renewal of PRAC must be submitted at least 120 days prior to the expiration date of the contract. Statement of Condition: The Project did not submit the renewal request at least 120 days prior to the expiration date of the contract. Cause: The Project did not adhere to HUD regulations for PRAC renewal. Effect or Potential Effect: The Project is not in compliance with HUD regulations for timely renewal of the PRAC contract resulting in the delayed receipt of HAP funds. Auditor Non-Compliance Code: R – Section 8 Program Administration. Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor’s recommendations have been adopted. Recommendation: Management should implement procedures to ensure the Project submits PRAC renewal requests in accordance with HUD requirements. Response Indicator: Agree. Completion Date: 11/08/2023 Response: New staff has been put in place to monitor and submit all renewals in a timely fashion.

Categories

HUD Housing Programs Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly - Capital Advance $8.59M
14.157 Supportive Housing for the Elderly - Project Rental Assistance Contract (prac) $239,428