FAC Explorer

Finding 478283 (2024-002)

- Repeat Finding
Requirement
E
Questioned Costs
-
Year
2024
Accepted
2024-07-11
Audit: 314972
Organization: Belmont Elderly Housing, Inc. (NH)
Auditor: Leone McDonnell & Roberts P A

AI Summary

  • Core Issue: Required EIV documentation is missing due to an expired license and the departure of the licensed individual.
  • Impacted Requirements: HUD mandates that EIV forms be run regularly—monthly, quarterly, and annually.
  • Recommended Follow-up: Implement a system to ensure multiple staff members hold an EIV license and monitor license expiration to prevent lapses.

Finding Text

Finding 2024-002: Compliance finding Information on universe: Total population was 44 units. Sample Size: 5 files were selected for testing. Condition: Missing required documentation. Enterprise Income Verification (EIV) reports were not able to be run due to the license expiring and the person with the license no longer working at the organization. Criteria: HUD Requires EIV forms to be run, monthly, quarterly and annually. Effect: Required documents were not in the files. Context: Auditor reviewed tenant files noting the form was not present in the tenant files. Cause: Lack of oversight by management agent. The one individual with the EIV license was no longer working at the Organization. Recommendation: A system should be in place requiring more than one individual to have an EIV license and ensure the license does not lapse.

Categories

HUD Housing Programs Internal Control / Segregation of Duties

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $2.35M