FAC Explorer

Finding 1169223 (2025-002)

Material Weakness Repeat Finding
Requirement
A
Questioned Costs
-
Year
2025
Accepted
2026-01-15
Audit: 382142
Organization: Voa Butner Morning Glory, INC (VA)
Auditor: MADDOX & ASSOCIATES APC

AI Summary

  • Answer: Disbursements from restricted accounts were made without HUD approval.
  • Trend: This indicates a recurring issue with compliance in managing restricted funds.
  • List: Ensure all future disbursements receive proper HUD approval to avoid penalties.

Finding Text

HUD APPROVAL WAS NOT GRANTED FOR DISBURSEMENTS FROM THE RESTRICTED ACCOUNTS.

Corrective Action Plan

MANAGEMENT AGREES WITH THE FINDING. THE UNAUTHORIZED WITHDRAWAL WILL BE RETURNED TO THE REPLACEMENT RESERVE.

Categories

HUD Housing Programs

Other Findings in this Audit

  • 1169222 2025-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.157 SUPPORTIVE HOUSING FOR THE ELDERLY $2.31M