FAC Explorer

Finding 1182486 (2025-001)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
-
Year
2025
Accepted
2026-03-24
Audit: 393911
Organization: Homestead Homes of Greensboro INC (NC)
Auditor: O DOUGLAS COVINGTON CPA

AI Summary

  • Issue: Preventative maintenance and painting schedules were not updated until May 2025.
  • Requirements Impacted: HUD regulations mandate proper documentation and maintenance of these schedules.
  • Follow-up: Management should update schedules and create procedures to ensure ongoing compliance.

Finding Text

Finding 2025-001 Finding Resolution Status: Resolved Population Size: N/A Sample Size: N/A Condition: The preventative maintenance and painting schedules had not been kept current. Management did not begin keeping them current until May 2025. Criteria: HUD rules and regulations require that preventative maintenance and painting schedules be properly documented and maintained. Effect: Without proper documentation and scheduling, preventative maintenance and painting may be overlooked. Cause: Management agent oversight. Recommendation: The management agent should update the preventative maintenance schedules and should establish procedures to maintain the preventative maintenance and painting schedules in the future. Questioned Costs: N/A

Corrective Action Plan

1. Finding 2025-001: a. Comments on the findings and Recommendation: At the time of the audit, we agree with the findings. b. Action (s)Taken or planned on the finding: The preventative maintenance and painting schedules were started to be maintained by management as of May 2025. Regional Asset Manager has advised staff of the importance of these tasks and schedules to be maintained and carried out on a routine basis. Moving forward they will be maintained properly and kept current throughout the year. Regional Asset Manager will continue to check these schedules at each quarterly site visit.

Categories

HUD Housing Programs Internal Control / Segregation of Duties

Other Findings in this Audit

  • 1182487 2025-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.157 SUPPORTIVE HOUSING FOR THE ELDERLY $125,207