Finding 478201 (2023-002)

Material Weakness

Requirement

Questioned Costs

Year

2023

Accepted

2024-07-11

Audit: 314892

Organization: Anderson Place Apartments, Inc. (IN)

Auditor: Deming Malone Livesay & Ostroff

AI Summary

Issue: The Organization lacks signed annual recertification forms for tenant files and missing EIV reports.
Trend: This indicates a pattern of inadequate documentation practices that could lead to compliance risks.
Follow-up: Ensure all tenant files are complete with necessary forms and reports to meet regulatory requirements.

Finding Text

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

Corrective Action Plan

The management of Anderson Place 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, 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.

Other Findings in this Audit

478200 2023-001

Material Weakness
478202 2023-003

Significant Deficiency
1054642 2023-001

Material Weakness
1054643 2023-002

Material Weakness
1054644 2023-003

Significant Deficiency

Programs in Audit

ALN	Program Name	Expenditures
14.181	Supportive Housing for Persons with Disabilities	$751,134