Finding Text
Assistance Listing (federal award identification number and year): Continuum of Care Program, CFDA No. 14.267, 2023; Coronavirus State and Local Fiscal Recovery Funds, CFDA No. 21.027, 2023; HOME Investment Partnerships Program, CFDA No. 14.239, 2023 Auditor non-compliance code: L - Reporting Finding resolution status: Resolved Universe population size: The universe population size is not applicable to the finding. Statistically valid sample: The sample size information is not applicable to the finding Name of federal agency: Department of Housing and Urban Development, Department of the Treasury Pass-through entity: N/A Questioned costs: $-0- Was the sampling statistically valid: N/A Statement of condition of #2023-002: For the year ended December 31, 2023, the Corporation did not submit the Data Collection Form to the Federal Audit Clearinghouse in the time period required by Uniform Guidance due to the nondisclosure of the 51% ownership interest in Star Apartments, LLC. The original Data Collection Form that was submitted omitted the HOME Investment Partnerships Program as a major program, and Wood Utilization Assistance as a federal award since Star Apartments, LLC was not included in the Corporation's financial statements. Criteria: Pursuant to the Uniform Guidance, the Corporation is required to submit the Data Collection Form to the Federal Audit Clearinghouse within the earlier of 30 calendar days after receipt of the auditor's report or 9 months after the entity's fiscal year end. Effect or potential effect: The Corporation is not in compliance with the Uniform Guidance Section 200.512. Cause: The Corporation did not submit the Data Collection Form within the required time period. Recommendation: The Corporation should submit the Data Collection Form to the Federal Audit Clearinghouse within the required time period. Management response: Management agrees with the finding and agrees with the auditor's recommendation. The Data Collection Form was submitted to the Federal Audit Clearinghouse, no further action is required.