Finding 395119 (2024-001)

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Requirement
N
Questioned Costs
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Year
2024
Accepted
2024-04-30
Audit: 305045
Organization: Church Street Estates Corp. (RI)
Auditor: D'ambra CPA

AI Summary

  • Answer: Tenant certifications had errors affecting accuracy.
  • Trend: Errors included unverified assets, incorrect income, and mismatched forms.
  • List: Management should ensure all files are corrected and implement checks to prevent future errors.

Finding Text

Condition: Tenant certifications contained errors including assets not verified (1 of 5 files tested), incorrect income (1 of 5 files tested), and form 50059 did not agreed to voucher (1 of 5 files tested); Criteria: The HUD occupancy handbook specifies the form and content of the certifications; Effect: The tenant’s and HUD share of rent may be incorrect; Cause: Management oversight; Recommendation: Management should correct the files in error; Management comment: Management has corrected the errors.

Corrective Action Plan

Management has corrected the errors

Categories

HUD Housing Programs Internal Control / Segregation of Duties

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.239 Home Investment Partnerships Program $500,000
14.157 Supportive Housing for the Elderly $113,325