FAC Explorer

Finding 2703 (2023-003)

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Requirement
N
Questioned Costs
-
Year
2023
Accepted
2023-11-29
Audit: 4570
Organization: Housing Partners for Positive Living, Inc. (RI)
Auditor: D'ambra CPA

AI Summary

  • Core Issue: A tenant's security deposit was refunded late by 3 days.
  • Impacted Requirement: HUD guidelines require timely refunds of security deposits.
  • Recommended Follow-Up: Management should ensure timely processing of security deposit refunds moving forward.

Finding Text

Federal program - Section 811: Criteria - : The HUD occupancy handbook specifies that a security deposit should be properly refunded to a tenant moves upon out; Condition: a tenant’s security deposit was refunded late by 3 days (1 of 1 file tested); Effect: The tenant security deposit was refunded timely; Cause: Management oversight. Recommendation: Management should make every effort to refund security deposits in a timely manner. Response: Management will make every effort to refund tenant security deposits in a timely manner.

Corrective Action Plan

Management will make every effort to refund tenant security deposits in a timely mannger. HOC's Director of Property Management, Facilities and Resident Resources, Vickie Walters (walters@wdchoc.org) and HOC's Assistant Director-Property Management and AP/AR Clerk Kim Lambert (lambert@wdchoc.org) will ensure that security deposits are refunded in a timely manner.

Categories

HUD Housing Programs

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.181 Supportive Housing for Persons with Disabilities $128,246