FAC Explorer

Finding 1153822 (2024-003)

Material Weakness Repeat Finding
Requirement
E
Questioned Costs
-
Year
2024
Accepted
2025-09-22
Audit: 366917
Organization: Trinity Community Housing CORP (IL)
Auditor: Alexander Mannie & Company PC

AI Summary

  • Issue: EIV was not obtained within 90 days of tenant move-in.
  • Trend: This could indicate a recurring problem with timely income verification processes.
  • Follow-up: Ensure EIV procedures are reviewed and reinforced to prevent future delays.

Finding Text

The Enterprise Income Verification (EIV) was not obtained after 90 days from the date of move-in for the following tenant:

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1153818 2024-001
    Material Weakness Repeat
  • 1153819 2024-001
    Material Weakness Repeat
  • 1153820 2024-002
    Material Weakness Repeat
  • 1153821 2024-002
    Material Weakness Repeat
  • 1153823 2024-003
    Material Weakness Repeat
  • 1153824 2024-004
    Material Weakness Repeat
  • 1153825 2024-004
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.155 Mortgage Insurance for the Purchase Or Refinancing of Existing Multifamily Housing Projects $3.52M
14.195 Project-Based Rental Assistance (pbra) $1.11M