FAC Explorer

Finding 1153689 (2023-004)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2025-09-21
Audit: 366835
Organization: Hoover Seniors (CA)
Auditor: Cohnreznick LLP

AI Summary

  • Answer: One new tenant's income was not verified on time using the EIV system.
  • Trend: This indicates a potential pattern of delays in income verification for new tenants.
  • List: Follow up by ensuring timely income verification processes are implemented for all new tenants.

Finding Text

Condition/Context In connection with our lease file review we noted the following deficiency: one out of one new tenant tested did not verify tenant's income in EIV system timely.

Corrective Action Plan

Management should establish procedures and monitor compliance with those procedures to ensure that tenant security deposits are correctly recorded, tenant eligibility is correctly determined and that tenant lease files are properly maintained in accordance with the requirements of HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1153682 2023-001
    Material Weakness Repeat
  • 1153683 2023-002
    Material Weakness Repeat
  • 1153684 2023-003
    Material Weakness Repeat
  • 1153685 2023-004
    Material Weakness Repeat
  • 1153686 2023-001
    Material Weakness Repeat
  • 1153687 2023-002
    Material Weakness Repeat
  • 1153688 2023-003
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.239 Home Investment Partnerships Program $1.18M
14.157 Supportive Housing for the Elderly $309,161