Finding Text
Finding 2026-003: Supportive Elderly Housing Section 202 Condition: One out of the five tenant files tested had the following items missing: social security card and unit inspection. In addition, the security deposit on the lease does not agree with the rent roll. Criteria: Tenant files should be maintained with all required documentation. Cause: The Corporation does not have internal controls in place to ensure that tenant files are properly maintained. Effect: The Corporation is no longer in compliance with its Project Rental Assistance Contract. Recommendation: The Corporation should design and implement internal controls to ensure that all tenant files have proper documentation Views of Responsible Officials and Planned Corrective Actions: Management is in agreement with the auditor’s findings. Management will ensure tenant file inspections are completed on an annual basis