Finding 403264 (2023-002)

Material Weakness
Requirement
A
Questioned Costs
-
Year
2023
Accepted
2024-06-27
Audit: 310440
Organization: 25 School Street, INC (MA)
Auditor: Cohnreznick LLP

AI Summary

  • Issue: 1 out of 4 tenant files lacked an EIV income report during annual recertification.
  • Trend: This indicates a potential gap in compliance with income verification requirements.
  • Recommendation: Ensure all tenant files include EIV reports before annual recertification moving forward.

Finding Text

In connection with lease file testing, we noted 1 out of 4 tenant files did not have an EIV income report at the time of the annual recertification

Corrective Action Plan

The necessary internal controls have been implemented and will be followed in the future to ensure that ensure the EIV system is utilized during the existing tenant recertification process.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 403263 2023-001
    Material Weakness
  • 403265 2023-003
    Material Weakness
  • 979705 2023-001
    Material Weakness
  • 979706 2023-002
    Material Weakness
  • 979707 2023-003
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $378,226