Finding 1160968 (2024-002)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-10-20
Audit: 371015
Organization: Housing Associates, Inc. (MD)

AI Summary

  • Answer: The Project submitted its financial statement audit to HUD in early October 2024.
  • Trend: This submission followed the establishment of access to the REAC FASSUB system.
  • List: Ensure timely access to necessary systems for future audits.

Finding Text

Views of Responsible Officials and Planned Corrective Actions: The Project submitted its financial statement audit to HUD early October 2024 after access to the REAC FASSUB system was established.

Corrective Action Plan

The Project submitted its financial statement audit to HUD in early October 2024 immediately after access to the REAC FASSUB system was established.

Categories

HUD Housing Programs

Other Findings in this Audit

  • 1160967 2024-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.181 Supportive Housing for Persons with Disabilities $116,191