FAC Explorer

Finding 2617 (2022-003)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2022
Accepted
2023-11-28
Audit: 4423
Organization: Herbert Brooks Housing Development Fund Company, INC (NY)
Auditor: Novogradac & Company LLP

AI Summary

  • Core Issue: Owners are not keeping the property in good condition.
  • Impacted Requirements: This violates the regulatory agreement that mandates property maintenance.
  • Recommended Follow-Up: Management should implement measures to ensure ongoing property maintenance.

Finding Text

Finding No. 2022-3 Statement of Condition Owners were unable to maintain the physical condition of the property. Criteria Owners are obligated to maintain the physical condition of the property as stated in the regulatory agreement. Questioned Costs $0 Effect or potential effect The Company is noncompliant with specific requirements of its major federal program. Cause Controls are not in place to ensure that the owners maintain the physical condition of the property. Recommendation Management should support the continuing physical maintenance of the property. Reporting views of responsible officials Auditee agrees with the auditor and management will be responsible for ensuring that the physical condition of the property is maintained. Auditor Noncompliance Code: I – Failure to Maintain Property

Corrective Action Plan

Finding Reference Number: 2022-3 Recommendation We recommend that owners support the continuing physical maintenance of the property. Reporting views of responsible officials Auditee concurs with this finding. Completion date or proposed completion date: July 19, 2023 Action(s) taken or planned on the finding A physical inspection was conducted on July 19, 2023 and no immediate attention or remedy exigent health and safety deficiencies were identified.

Categories

Reporting

Other Findings in this Audit

  • 2615 2022-001
    Significant Deficiency Repeat
  • 2616 2022-002
    Significant Deficiency Repeat
  • 2618 2022-001
    Significant Deficiency Repeat
  • 2619 2022-002
    Significant Deficiency Repeat
  • 2620 2022-003
    Significant Deficiency
  • 579057 2022-001
    Significant Deficiency Repeat
  • 579058 2022-002
    Significant Deficiency Repeat
  • 579059 2022-003
    Significant Deficiency
  • 579060 2022-001
    Significant Deficiency Repeat
  • 579061 2022-002
    Significant Deficiency Repeat
  • 579062 2022-003
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $1.62M