FAC Explorer

Finding 1223791 (2023-001)

Material Weakness Repeat Finding
Requirement
A
Questioned Costs
-
Year
2023
Accepted
2026-07-16
Audit: 407272
Organization: Comite Gericola Regional De Mayaguez, Incorporado-Ciudad Del Retiro (PR)
Auditor: RAO ASSOCIATES LLC

AI Summary

  • Answer: $140,542.43 in restricted funds was frozen and disbursed to the court without HUD's approval.
  • Trend: This incident highlights a pattern of unauthorized fund disbursements that could lead to compliance issues.
  • List: Follow up by reviewing fund disbursement protocols and ensuring all future transactions have necessary approvals.

Finding Text

Through a court order, restricted funds in the amount of $140,542.43 were freeze and then disbursed to the court without HUD previous authorization.

Corrective Action Plan

Management currently evaluating the alternative.

Categories

HUD Housing Programs

Programs in Audit

ALN Program Name Expenditures
14.195 PROJECT-BASED RENTAL ASSISTANCE (PBRA) $933,577