Finding Text
Finding Type: - Immaterial noncompliance with major program requirements - Significant deficiency in internal control over compliance Title and Assistance Listing Number of Federal Program - 14.157 Supportive Housing for the Elderly - Project Rental Assistance Contract and Capital Advance Finding Resolution Status - In Process Information on Universe and Population Size - The total population size is the total number of units, which is 40. Sample Size Information - A total of 1 out of the 5 samples Identification of Repeat Finding and Finding Reference Number - N/A Criteria - HUD requires the Organization to utilize EIV, including having controls in place to ensure EIV is being properly utilized. Statement of Condition - During testing of tenant files, it was noted that the EIV report was missing for one tenant. Cause - The Organization failed to maintain the proper EIV document for one of the tenants tested. Effect or Potential Effect - EIV was not properly kept within the tenant file Auditor Noncompliance Code - S - Internal control deficiency Reporting Views of Responsible Officials - Management will implement internal control procedures to ensure that the EIV system is properly utilized Recommendation - Management should implement proper procedures and controls to ensure EIV is properly utilized. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations - Management acknowledges the noncompliance and related internal control deficiency over compliance and will implement proper procedures and controls to ensure EIV is properly utilized. Response Indicator - Agree Completion Date - June 30, 2026 Response - Management will ensure controls in place are followed and that all required documents are properly retained in each respective tenant file.