FAC Explorer

Finding 398157 (2023-001)

-
Requirement
C
Questioned Costs
$1
Year
2023
Accepted
2024-05-21
Audit: 306850
Organization: Notre Dame Court, Inc. (TX)
Auditor: Maddox & Associates Apc

AI Summary

  • Issue: Disbursements from the residual receipts account were made without HUD approval.
  • Trend: This could indicate a pattern of non-compliance with HUD regulations.
  • Follow-up: Ensure all future disbursements receive proper HUD approval to avoid penalties.

Finding Text

HUD APPROVAL WAS NOT GRANTED FOR DISBURSEMENTS FROM THE RESIDUAL RECEIPTS ACCOUNT.

Corrective Action Plan

MANAGEMENT AGREES WITH THE FINDING. MANAGEMENT HAS SUBMITTED THE FORMS FOR HUD'S RETROACTIVE APPROVAL.

Categories

Questioned Costs HUD Housing Programs Cash Management

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $6.61M