Finding 1160122 (2024-001)

Material Weakness Repeat Finding
Requirement
E
Questioned Costs
-
Year
2024
Accepted
2025-10-06
Audit: 370521
Auditor: Cohnreznick LLP

AI Summary

  • Core Issue: Tenant eligibility and lease file maintenance procedures were not consistently followed, leading to potential compliance risks.
  • Impacted Requirements: HUD Handbook 4350.3 mandates timely use of the EIV system and proper handling of tenant certifications and security deposits.
  • Recommended Follow-Up: Management should implement and monitor procedures to ensure compliance with HUD requirements for income verification and lease file maintenance.

Finding Text

Finding No. 2024-001 - Eligibility; Section 8 New Construction and Substantial Rehabilitation, Federal Assistance Listing Number 14.182 Criteria Tenant lease files are required to be maintained and tenant eligibility determined in accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs. Condition Compliance procedures were not followed regarding tenant security deposit refunds, annual certifications, and the mandatory and timely use of Enterprise Income Verification (EIV) system during annual recertification or initial certification process. Cause Management's policies with respect to income verification and the maintenance of tenant lease files were not consistently applied in accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs. Effect or Potential Effect The procedures for income verification and the maintenance of tenant lease files in accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs were not consistently followed. This could result in units being rented to ineligible tenants or errors in the rent subsidies paid by HUD. Questioned Costs None. Context In connection with our lease file review, we noted the following deficiencies: - 3 out of 16 existing tenants tested did not have the Enterprise Income Verification (EIV) form completed within 120 days, as required by HUD. - 3 out of 16 existing tenants tested did not have the Enterprise Income Verification (EIV) form their tenant file and no other documentation was present that their income was verified. - 1 out of 16 existing tenants tested income reported on HUD Form 50059 did not agree to income verified using the Enterprise Income Verification (EIV). - 10 out of 16 existing tenants tested did not have the annual recertifications done timely. - 1 out of 2 former tenants tested did not have security deposit returned within 30 days of departure, as required by HUD. Identification as a Repeat Funding This finding is a repeat finding (see prior year finding number 2023-001). Recommendation Management should establish procedures and monitor compliance with those procedures to ensure that tenant's income is properly verified, and tenant lease files are being maintained in accordance with the requirements of HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs. Auditor Noncompliance Code: R - Section 8 program administration Finding Resolution Status: Completed. Views of Responsible Officials At the time of tenant file review, the current staff was not made aware of where EIV documents were stored in the office. This since has been corrected and the EIV information is now stored in the tenant files. Management has hired a Compliance Manager that monitors and helps the site with any questions to bring all tenants up to date.

Corrective Action Plan

Major Federal Award Programs Audit: Section 8 New Construction and Substantial Rehabilitation, Federal Assistance Listing Nunber 14.182 a. Comments on the Finding and Recommendation We concur with the auditors finding as follows: In connection with out lease file review, we noted the following deficiencies: 3 out of 16 existing tenants tested did not have the Enterprise Income Verification (EIV) form completed within 120 days, as required by HUD. 1 out out of 16 existing tenants tested income reported on HUD Form 50059 did not agree to income verified using the Enterprise lncome Verification (EIV). 10 out of 16 existing tenants tested did not have the annual recertifications done timely. 1 out of 2 former tenants tested did not have security deposit returned within 30 days of departure, as required by HUD.- b. Action(s) Taken or Planned on the Finding At the time of tenant file review, the current staff was not made aware of EIV documents stored in a separate area in the office. This since has been corrected and the EIV information is now in the tenant files. Management was aware due to staffing issues of the annual recertifications being behind. We have resolved the staffing issues and have a Compliance Manager that monitors this now whom help the site with any questions to bring all tenants up to date. With staffing issues being updated we are working with them to make sure to process security deposit refunds in a tinely matter.

Categories

HUD Housing Programs Eligibility

Other Findings in this Audit

  • 1160123 2024-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.134 Mortgage Insurance Rental Housing $12.99M
14.182 Section 8 New Construction and Substantial Rehabilitation $1.60M