Finding 1162423 (2024-001)

Material Weakness Repeat Finding

Requirement

Questioned Costs

Year

2024

Accepted

2025-11-17

Audit: 372210

Organization: New Hope Development Services, Inc. (IN)

Auditor: DEMING MALONE LIVESAY & OSTROFF PSC

AI Summary

Core Issue: Missing signed income certification form for a tenant file.
Impacted Requirements: Compliance with documentation standards for tenant recertification.
Recommended Follow-Up: Ensure all tenant files are complete and accessible, and verify with the property management company.

Finding Text

The Organization did not maintain a signed income certification form for one of the tenant files tested during the audit. The records are stored with the outsourced property management company, and the annual signed recertification was not able to be located for a certain tenant.

Corrective Action Plan

The Organization accepts the recommendation of Deming, Malone, Livesay & Ostroff and, accordingly, management will maintain signed income certifications for all tenants in accordance with HUD guidelines to ensure proper documentation is maintained in tenant files.

Other Findings in this Audit

1162424 2024-002

Material Weakness Repeat

Programs in Audit

ALN	Program Name	Expenditures
14.239	HOME INVESTMENT PARTNERSHIPS PROGRAM	$2.56M