Finding 1206856 (2025-002)

Material Weakness Repeat Finding
Requirement
EN
Questioned Costs
-
Year
2025
Accepted
2026-04-15
Audit: 398860
Organization: Casa Otonal Housing Corporation (CT)
Auditor: COHNREZNICK LLP

AI Summary

  • Core Issue: Tenant lease files were not properly maintained, leading to potential eligibility errors for tenants.
  • Impacted Requirements: Compliance with HUD Handbook 4350.3 was inconsistent, particularly regarding the use of the EIV system and move-in inspections.
  • Recommended Follow-Up: Management should implement and monitor procedures to ensure tenant eligibility and lease file maintenance align with HUD requirements.

Finding Text

Finding No. 2025-002 Mortgage Insurance-Rental Housing, Assistance Listing 14.134 Section 8 Project-Based Cluster, Assistance Listing 14.195 Criteria Tenant lease files are required to be maintained and tenant eligibility determined in accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs. Condition In connection with our lease file review, we noted the following deficiencies: For one out of one new tenants tested, the Project did not maintain evidence in the lease file that the Enterprise Income Verification ("EIV") system was utilized within 90 days of the tenant's initial certification date of April 1, 2025. For two out of ten existing tenants tested, the Project did not maintain evidence in the lease files that the EIV system was utilized within 120 days of the tenant's annual certification dates of August 1, 2024. For one out of one new tenants tested, the Project did not maintain evidence in the lease file that a move-in inspection was performed. Cause Management's policies with respect to the determination of tenant eligibility and the maintenance of tenant lease files in accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs were not consistently followed. Effect or Potential Effect The procedures for determining tenant eligibility and maintaining tenant lease files were not consistently applied in accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs. This could result in units being rented to ineligible tenants or errors in the rent subsidies paid by HUD. Questioned Costs $0 Context We noted 3 of the 11 required Enterprise Income Verification (EIV) reports were not completed within HUD’s required timeframes. 2 were not performed by the prior management agent and 1 was not performed by the current management agent. We noted 1 out of 1 move-in inspection was not performed by the prior management agent. Identification as a Repeat Finding This is not a repeat finding. Recommendation Management should establish procedures and monitor compliance with those procedures to ensure that tenant eligibility is correctly determined and that tenant lease files are properly maintained in accordance with the requirements of HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs. Auditor Noncompliance Code: R - Section 8 program administration Finding Resolution Status: In process Views of Responsible Officials Casa Otonal Housing Corporation agrees with the finding and the auditor's recommendations. During the transition of a new site from prior management company, the Property Manager, Regional Manager, and Director of Compliance must collaborate closely to conduct a thorough review of all tenant files. This coordinated effort helps ensure accuracy, identify any discrepancies early, and supports a more effective and efficient use of the EIV system for tenant file testing.

Corrective Action Plan

Project Legal Name: Casa Otonal Housing Corporation HUD Project No.: 017-EH073 Audit Firm: CohnReznick LLP Period covered by the audit: 06/30/2025 Corrective Action Plan prepared by: Name: Sabine Cox Position: Comptroller/Director of Finance Telephone Number: (203) 230-4809 The following is a recommended format to be followed by the auditee for preparing a correction action plan: A. Current Findings on the Schedule of Findings, Questioned Costs and Recommendation Finding 2025-002 a. Comments on the Finding and Each Recommendation In connection with our lease file review, we noted the following deficiencies: For one out of one new tenant tested, the Project did not maintain evidence in the lease file that the Enterprise Income Verification ("EIV") system was utilized within 90 days of the tenant's initial certification date of April 1, 2025. For two out of ten existing tenants tested, the Project did not maintain evidence in the lease files that the EIV system was utilized within 120 days of the tenant's annual certification dates of August 1, 2024. For one out of one new tenant tested, the Project did not maintain evidence in the lease file that a move-in inspection was performed. b. Action(s) Taken or Planned on the Finding During the transition of a new site from a prior management company, the Property Manager, Regional Manager, and Director of Compliance must collaborate closely to conduct a thorough review of all tenant files. This coordinated effort helps ensure accuracy, identify any discrepancies early, and supports more effective and efficient use of the EIV system for tenant file testing.

Categories

HUD Housing Programs Eligibility

Other Findings in this Audit

  • 1206855 2025-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.134 MORTGAGE INSURANCE RENTAL HOUSING $5.47M
14.195 PROJECT-BASED RENTAL ASSISTANCE (PBRA) $1.93M
14.191 MULTIFAMILY HOUSING SERVICE COORDINATORS $12,783