Finding 43754 (2022-001)

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Requirement
FN
Questioned Costs
-
Year
2022
Accepted
2023-09-21

AI Summary

  • Core Issue: All five tenant recertification files reviewed showed noncompliance due to missing annual physical unit inspections.
  • Impacted Requirements: HUD regulations mandate annual inspections and proper documentation in tenant files.
  • Recommended Follow-Up: Management needs to ensure annual inspections are conducted and documented as required.

Finding Text

Finding 2022-001 Finding Resolution Status: In Progress Population Size: 74 Sample Size: 5 Noncompliance Information: I tested five tenant recertification files and found noncompliance in five files. Condition: The annual physical unit inspections were not completed during the year. Criteria: HUD rules and regulations require that the Project complete physical unit inspections once a year and keep the documentation in the tenant file. Effect: The Project was not in compliance with HUD rules and regulations. Cause: Management oversight. Recommendation: Management should do annual unit physical inspections and keep the documentation in the tenant files. Questioned Costs: -0-

Corrective Action Plan

Triangle Elderly Housing Corp. 1363 W. Market Street Smithfield, NC 27577 Office: (919) 934-6066 Corrective Action Plan Name of auditee: Triangle Elderly Housing Corp. HUD auditee identification number: FHA/Contract #053-11250 Name of audit firm: O. Douglas Covington, C.P.A., P.A. Period covered by the audit: January 1, 2022 thru December 31, 2022 CAP prepared by: Name: Renee Davis Position: Housing Manager Telephone: (919) 934-6066 1. Finding 2022-001 a. Comments on the Finding and Each Recommendation We are in agreement with the finding. b. Action(s) Taken or Planned on the finding Renee Davis was hired as the new Housing Manager effective 7/15/2023 and has begun performing the required Unit inspections.

Categories

HUD Housing Programs Internal Control / Segregation of Duties

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.155 Mortgage Insurance for the Purchase Or Refinancing of Existing Multifamily Housing Projects $2.52M
14.195 Section 8 Housing Assistance Payments Program $329,638