Finding 481370 (2023-001)

-
Requirement
N
Questioned Costs
-
Year
2023
Accepted
2024-08-19
Audit: 317405
Organization: Sharon Manor Homes INC (NC)

AI Summary

  • Issue: Two tenant files were found noncompliant due to missing documentation and incorrect lease usage.
  • Requirements Impacted: HUD mandates specific documentation and the use of the correct model lease for tenant files.
  • Follow-up: Management should fix the errors and implement procedures to ensure compliance moving forward.

Finding Text

Finding Resolution Status: Resolved. Population Size: 39. Sample Size 4. Noncompliance Information: I tested four tenant files and found noncompliance in two files. Condition: The files for Unit 4703-3 and Unit 4707-7 did have a signed 92006 by the tenant and an incorrect HUD Model Lease was used for both tenants. Criteria: As part of the tenant certification and recertification, HUD requires certain documentation be maintained in the tenant files and the correct model lease be used. Effect: The Project was not in compliance with HUD rules and regulations. Cause: Managment agent oversight. Recommendation: The management agent should correct all the missing or incorrect informantion and establish procedures to make sure the correct model lease is used.

Corrective Action Plan

Management’s comments: We are in agreement with the finding. The compliance manager has instructed the manager as to the importance of the tenants completing all the required paperwork to include signing, dating, and checking the appropriate box or boxes. In regards to the incorrect leases being used, the manager had the residents sign the correct HUD Model Leases. Further, the manager is noting on the correct lease, “Corrected Lease,” when the resident signs and initialing the note along with the resident. She has been instructed to remove any old leases or forms in her computer to ensure this oversight is not repeated. Auditor’s comments: Government Auditing Standards requires the auditor to perform limited procedures on Sharon Manor Homes, Inc.’s response to the findings identified in my audit and described in the accompanying schedule of findings, questioned costs, and recommendations. Sharon Manor Homes, Inc’s response was not subjected to the other auditing procedures applied in the audit of the financial statements and, accordingly, I express no opinion on the response.

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 $1.39M
14.195 Section 8 Housing Assistance Payments Program $212,864