Answer: There was an unauthorized withdrawal from a restricted account.
Trend: This incident highlights a potential weakness in account access controls.
List: Review account access policies, enhance monitoring, and provide staff training on compliance.
Finding Text
Unauthorized withdrawal from restricted account.
Corrective Action Plan
Management Response and Planned Corrective Plan: HUD approved a withdrawal of $4,279 from the reserve replacement account. The $4,279 was mistakenly withdrawn twice and has been refunded to the reserve replacement account.