Finding Text
Finding No. 2024-002: Failure to Submit CFP Reports on Time (Significant Deficiency) Federal Agency: U.S. Department of Housing and Urban Development Federal Program Title: Public Housing Capital Fund Federal Assistance Listing Number: 14.872 Compliance Requirement: Reporting Criteria: Per HUD regulations, Public Housing Authorities (PHAs) are required to submit an Actual Modernization Cost Certificate within 90 days after the expenditure end date of a CFP grant. Per HUD regulations, PHAs are required to submit an initial Annual Statement Performance and Evaluation Report (HUD 50075.1) prior to the CFP award date. Condition: The Authority did not have adequate controls over the reporting process, resulting in an AMCC and HUD 50075.1 not being submitted on time. Context: The Authority had one Capital Fund grant with an obligation deadline during the year, and one Capital Fund grant awarded during the year. The corresponding AMCC and HUD 50075.1 reports were not submitted on time. Effect: The Authority did not appropriately report CFP grant activity by the required deadlines. Cause: The Authority did not have the appropriate controls over the reporting process to submit the reports by the deadlines. Repeat Finding: This is not a repeat finding. Recommendation: The Authority should review and enhance its policies, procedures, and internal controls to ensure that reports are submitted in a timely manner. Views of Responsible Officials: The Authority agrees with the finding