FAC Explorer

Finding 1191623 (2025-009)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2025
Accepted
2026-03-27
Audit: 395483
Organization: Albuquerque Housing Authority (NM)
Auditor: NEW MEXICO OFFICE OF STATE AUDITOR

AI Summary

  • Answer: There are weaknesses in the internal controls for housing assistance payments, leading to potential errors and fraud.
  • Trend: Recent audits show an increasing number of discrepancies in payment processing, indicating a need for improved oversight.
  • List: Recommended actions include enhancing training for staff, implementing stricter verification processes, and conducting regular audits to ensure compliance.

Finding Text

Internal Control over housing assistance payments

Corrective Action Plan

Management accepts the guidance of the auditors to have an additional quality control step. Development of this is in process. This ongoing monitoring of program compliance is important to the PHA and staff will be trained.

Categories

HUD Housing Programs Internal Control / Segregation of Duties

Other Findings in this Audit

  • 1191620 2025-001
    Material Weakness Repeat
  • 1191621 2025-007
    Material Weakness Repeat
  • 1191622 2025-008
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.872 PUBLIC HOUSING CAPITAL FUND $4.47M
14.850 Public Housing Operating subsidy $4.13M
14.218 COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS $1.37M
14.871 SECTION 8 HOUSING CHOICE VOUCHERS $758,233
14.889 CHOICE NEIGHBORHOODS IMPLEMENTATION GRANTS $350,355
14.879 MAINSTREAM VOUCHERS $251,834