Finding 1173980 (2022-004)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2026-02-17

AI Summary

  • Answer: The Corporation missed the deadline for submitting the Data Collection Form to FAC for 2021.
  • Trend: This indicates a potential pattern of non-compliance with submission deadlines.
  • List: Follow up by reviewing submission processes and implementing reminders for future deadlines.

Finding Text

For the year ended December 31, 2021, the Corporation did not submit Data Collection Form to FAC within the required time period.

Corrective Action Plan

Management agrees with the recommendation and submitted the Data Collection Form to FAC. No further action is required. within the required time period.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1173977 2022-001
    Material Weakness Repeat
  • 1173978 2022-002
    Material Weakness Repeat
  • 1173979 2022-003
    Material Weakness Repeat
  • 1173981 2022-005
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.155 MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS $1.67M
14.195 PROJECT-BASED RENTAL ASSISTANCE (PBRA) $383,307