Finding 1179595 (2023-007)

Material Weakness Repeat Finding
Requirement
E
Questioned Costs
-
Year
2023
Accepted
2026-03-16

AI Summary

  • Answer: EIV checks were not completed within the required 90 days for certain tenants.
  • Trend: This issue may indicate a pattern of non-compliance with verification timelines.
  • List: Follow up by ensuring timely EIV checks for all new tenants moving forward.

Finding Text

An Enterprise Income Verification (EIV) was not performed within 90 days of the date of move-in for the following tenants:

Corrective Action Plan

The Project has procedures in place to sign into the EIV System monthly and print the reports of: • Multiple subsidy • Identity verification • Deceased tenants • New hires

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1179586 2023-001
    Material Weakness Repeat
  • 1179587 2023-001
    Material Weakness Repeat
  • 1179588 2023-002
    Material Weakness Repeat
  • 1179589 2023-002
    Material Weakness Repeat
  • 1179590 2023-003
    Material Weakness Repeat
  • 1179591 2023-004
    Material Weakness Repeat
  • 1179592 2023-005
    Material Weakness Repeat
  • 1179593 2023-006
    Material Weakness Repeat
  • 1179594 2023-007
    Material Weakness Repeat
  • 1179596 2023-008
    Material Weakness Repeat
  • 1179597 2023-008
    Material Weakness Repeat
  • 1179598 2023-009
    Material Weakness Repeat
  • 1179599 2023-009
    Material Weakness Repeat
  • 1179600 2023-010
    Material Weakness Repeat
  • 1179601 2023-011
    Material Weakness Repeat
  • 1179602 2023-011
    Material Weakness Repeat
  • 1179603 2023-012
    Material Weakness Repeat
  • 1179604 2023-012
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.155 MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS $2.36M
14.195 PROJECT-BASED RENTAL ASSISTANCE (PBRA) $1.03M