FAC Explorer

Finding 403269 (2023-002)

Material Weakness
Requirement
A
Questioned Costs
-
Year
2023
Accepted
2024-06-27
Audit: 310441
Organization: 419 Walnut, Inc. 023-Ee235 (MA)
Auditor: Cohnreznick LLP

AI Summary

  • Core Issue: The tenant's income was not reviewed as required.
  • Impacted Requirement: Income review must occur within 90 days of move-in certification submission.
  • Recommended Follow-Up: Ensure timely income reviews for all new tenants to comply with regulations.

Finding Text

In connection with lease file testing, we noted that of the 1 move-in tenant that we tested, the tenant's income was not reviewed by the project, using an EIV income report, within 90 days after transmission of the move-in certification to the Tenant Rental Assistance Certification System during the initial certification process.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 403266 2023-001
    Material Weakness
  • 403267 2023-002
    Material Weakness
  • 403268 2023-001
    Material Weakness
  • 979708 2023-001
    Material Weakness
  • 979709 2023-002
    Material Weakness
  • 979710 2023-001
    Material Weakness
  • 979711 2023-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $5.69M
14.239 Home Investment Partnerships Program $984,210