Finding 1171336 (2024-005)

Material Weakness Repeat Finding
Requirement
E
Questioned Costs
-
Year
2024
Accepted
2026-01-30

AI Summary

  • Core Issue: Noncompliance with HUD regulations was found in tenant lease files.
  • Impacted Requirements: Timely income verification using the EIV system and annual recertification of eligibility were not met.
  • Recommended Follow-Up: Ensure timely processes for income verification and recertification, and review security deposit return procedures.

Finding Text

During the procedures applied to a sample of 10 tenant lease files, we noted the following instances of noncompliance with HUD regulations regarding tenant eligibility and the maintenance of lease files. 1. 6 out of 9 tenants tested did not use the EIV system in the verification of the selected tenant's income in a timely manner. 2. 6 out of 9 tenants did not have their required annual recertification of program eligibility performed on a timely basis. 3. 1 out of 1 tenants did not have their security deposit returned timely.

Corrective Action Plan

Concord’s Compliance Dept has implemented procedures to ensure the tenant security deposits are correctly recorded, tenant eligibility is correctly determined and that the tenant lease files are properly maintained in accordance with HUD’s requirements.

Categories

Eligibility HUD Housing Programs

Other Findings in this Audit

  • 1171333 2024-002
    Material Weakness Repeat
  • 1171334 2024-003
    Material Weakness Repeat
  • 1171335 2024-004
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.157 SUPPORTIVE HOUSING FOR THE ELDERLY $10.97M