Finding 1179597 (2023-008)

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

AI Summary

  • Core Issue: Missing contract rent and Tenant Assistance Payment details in the Model Lease for multiple tenants.
  • Impacted Requirements: Compliance with lease documentation standards and income verification processes.
  • Recommended Follow-Up: Update Model Leases to include required financial details and ensure proper income verification documentation is collected.

Finding Text

Findings were noted during the testing of certification for tenants as follows: A. Rochelle Dyer, Unit# 206, Move-In Date: 2/01/2023: 1. The Model Lease does not state the contract rent of $1,819.00 and Tenant Assistance Payment of $1,584.00. B. Vertrezal Beasley, Unit #501, Date of Recertification 9/18/2023: 1. The Model Lease does not state the contract rent of $1,819.00 and Tenant Assistance Payment of $1,585.00. 2. The Project did not provide the Social Security Annual letter for verification of the annual income of $11,820.00.

Corrective Action Plan

The Project has procedures in place to certify prospective tenants and to recertify existing tenant eligibility in compliance with HUD requirements. Required documentation is collected and processed in the property management system. The documentation is retained in related files as applicable. The Project will ensure that information is documented in the appropriate system, documents are accurately generated, and that all supporting documentation is retained in related files as appropriate.

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
  • 1179595 2023-007
    Material Weakness Repeat
  • 1179596 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