FAC Explorer

Finding 1155728 (2024-007)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2024
Accepted
2025-09-26
Audit: 368025
Organization: Area Xv Multi-County Housing Agency (IA)
Auditor: Core CPAS

AI Summary

  • Core Issue: There is a material weakness in internal controls related to the utility allowance schedule for the Section 8 Housing Choice Vouchers program.
  • Impacted Requirements: Compliance with federal guidelines as outlined in Finding 2024-003.
  • Recommended Follow-Up: Review and implement corrective actions detailed in the auditee's response on page 49.

Finding Text

FINDING 2024-007: Material Weakness in Internal Control over Compliance – Updating Utility Allowance Schedule Federal Award Identification Assistance Listing Program Title: Section 8 Housing Choice Vouchers Assistance Listing Program Number: 14.871 Federal Award ID Number and Year: N/A Federal Agency: U.S. Department of Housing and Urban Development Criteria: See Finding 2024-003. Condition: See Finding 2024-003. Repeat Finding: No Questioned Costs: N/A Effect or Potential Effect: See Finding 2024-003. Cause: See Finding 2024-003. Recommendation: See Finding 2024-003. Auditee Response/ Corrective Action Plan: See page 49.

Corrective Action Plan

Finding 2024-007 See response to finding 2024-003.

Categories

HUD Housing Programs Material Weakness

Other Findings in this Audit

  • 1155727 2024-006
    Material Weakness Repeat
  • 1155729 2024-008
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.871 Section 8 Housing Choice Vouchers $1.46M
14.850 Public Housing Operating Fund $282,883
14.872 Public Housing Capital Fund $42,162