FAC Explorer

Finding 397940 (2023-001)

-
Requirement
A
Questioned Costs
$1
Year
2023
Accepted
2024-05-20
Audit: 306645
Organization: Guadalupe County Hsg Development Inc. (sunrise Villa Apts) (TX)
Auditor: Maddox & Associates Apc

AI Summary

  • Answer: Disbursements from restricted accounts were made without HUD approval.
  • Trend: This indicates a potential pattern of non-compliance with HUD regulations.
  • List: Follow up by ensuring all future disbursements receive proper HUD approval.

Finding Text

HUD approval was not granted for disbursements from the restricted accounts.

Corrective Action Plan

Management agrees with the finding. Management has submitted the forms for HUD's approval.

Categories

Questioned Costs HUD Housing Programs

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.181 Supportive Housing for Persons with Disabilities $1.63M