FAC Explorer

Finding 1153825 (2024-004)

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

  • Answer: A tenant did not receive their security deposit on time after moving out.
  • Trend: This issue indicates a potential pattern of delays in processing security deposits.
  • List: Follow up by reviewing other move-out cases for compliance and ensure timely deposit returns in the future.

Finding Text

During the testing of move-out, the following tenant did not receive a security deposit within 30 days after the move-out date:

Corrective Action Plan

The Project will follow HUD’s refunding of security deposits within 30 days of move-out.

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
  • 1153822 2024-003
    Material Weakness Repeat
  • 1153823 2024-003
    Material Weakness Repeat
  • 1153824 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