Finding 400763 (2023-002)

Material Weakness
Requirement
E
Questioned Costs
-
Year
2023
Accepted
2024-06-13

AI Summary

  • Issue: Missing signed annual recertification forms for tenant files.
  • Trend: Incomplete maintenance of required documentation, including EIV reports.
  • Follow-up: Ensure all tenant files are updated with necessary forms and information moving forward.

Finding Text

The Organization did not obtain signed annual recertification forms for the tenant files tested during the audit and did not maintain all of the required information, such as the EIV reports, in the files to support the data used in its preparation.

Corrective Action Plan

The management of Adams-Bodine Apartments, Inc. accepts the recommendation of Deming, Malone, Livesay & Ostroff and, accordingly, management will complete and document all annual recertifications, will maintain all documentation in tenant files to support the 50059 forms and 9887/9887-A forms, will review all tenant files and report any discrepancies to HUD, and will make the necessary adjustments to tenant rent and rental subsidy calculations on the 50059 forms as soon as possible.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 400762 2023-001
    Material Weakness
  • 977204 2023-001
    Material Weakness
  • 977205 2023-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
14.181 Supportive Housing for Persons with Disabilities $993,028
14.239 Home Investment Partnerships Program $158,421