FAC Explorer

Finding 1169793 (2025-001)

Material Weakness Repeat Finding
Requirement
C
Questioned Costs
-
Year
2025
Accepted
2026-01-20
Audit: 382900
Organization: Houston Voa Independent Housing, INC (heights Manor) (VA)
Auditor: MADDOX & ASSOCIATES APC

AI Summary

  • Answer: The Project failed to send excess Residual Receipts to HUD.
  • Trend: This issue indicates a pattern of non-compliance with financial reporting requirements.
  • List: Follow up by reviewing all Residual Receipts for accuracy and ensuring timely remittance to HUD moving forward.

Finding Text

The Project did not remit excess Residual Receipts to HUD.

Corrective Action Plan

Management agrees with the finding. The excess funds were accrued to submit to HUD.

Categories

HUD Housing Programs Cash Management

Other Findings in this Audit

  • 1169794 2025-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.181 SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES $1.43M