Finding Text
Federal Agency: U.S. Department of Housing and Urban Development
Federal Program: Section 202 Capital Advance and Project Rental Assistance Contract
ALN: 14.157
Award Period: 2024
Type of Finding: Significant Deficiency
Condition: The Organization did not submit a budget related to their project rental assistance contract.
Criteria: An annual budget must be submitted to HUD for project rental assistance contracts.
Questioned costs: None
Context: During reporting testing, it was determined that budgets had not been submitted to HUD on a
timely basis, as required.
Effect: The annual budget was not submitted to HUD on a timely basis, as required.
Cause: The Organization was not able to submit an annual budget to HUD prior to the submission
deadline.
Recommendation: We recommend the annual budget is submitted to HUD on a timely basis, as
required.
Views of Responsible Officials: A process will be put into place to ensure annual budgets will be
submitted timely.
Repeat Finding: No