Finding 1240172 (2025-001)

2025-001: Untimely Submission of Request for Renewal of PRAC and Rent Adjustment Federal Agency: Department of Housing and Urban Development Program Name: Supportive Housing for the Elderly (Section 202) CFDA No.: 14.157 Compliance Requirements: Special Tests and Provisions Criteria: Pursuant to Housing Notice 2022-05, a request for the renewal of a PRAC and rent adjustment request should be submitted to HUD no later than 120 days prior to the expiration of the contract. Condition: Budget and accompanying documents were not submitted to HUD no later than 120 days prior to the expiration of the PRAC. Cause: Documentation required to be submitted to HUD were incomplete. Effect: Noncompliance with HUD guidelines. Questioned Costs: Undetermined Recommendation: Management should adhere to HUD’s guidelines and submit the request PRAC renewal and rent adjustment request later than 120 days prior to the expiration of the PRAC. Views of Responsible Officials Management is aware of the late submission and is working on compiling the documentation needed to submit the request for renewal of the PRAC and rent adjustment. The Organization was granted an