FAC Explorer

Finding 1169800 (2025-001)

Material Weakness Repeat Finding
Requirement
C
Questioned Costs
-
Year
2025
Accepted
2026-01-20
Audit: 382928
Organization: Redford Township Voa Elderly Housing, Inc. (coventry Place) (LA)
Auditor: MADDOX & ASSOCIATES APC

AI Summary

  • Answer: Disbursements from restricted accounts lacked necessary HUD approval.
  • Trend: There is a recurring issue with duplicate invoices being processed incorrectly.
  • List: Follow up by ensuring all disbursements have HUD approval and implement checks to prevent duplicate invoices.

Finding Text

HUD approval was not granted for disbursements from the restricted accounts. Duplicate invoices were released in error.

Corrective Action Plan

Management agrees with the finding. Management will return the funds back to the restricted account.

Categories

HUD Housing Programs

Other Findings in this Audit

  • 1169801 2025-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.155 MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS $3.43M
14.195 SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM $462,373
14.191 MULTIFAMILY HOUSING SERVICE COORDINATORS $37,362