Finding 497614 (2023-001)

Beneficiary Reporting (Internal Control) Condition: The Organization’s internal control procedures did not include reviewing the HOME Program Housing Beneficiary Reports for accuracy prior to submission to the applicable oversite agency. Criteria: The Organization is required to submit HOME Program Housing Beneficiary Reports in connection with the HOME funds it has received based on tenant income certifications. Cause: The Organization hired a third party vendor to prepare the reports but did not have a review process to ensure the information in the report was correct for the entire year ended December 31, 2023. Effect: We noted one error of the amount of monthly gross income reported on a January 2023 beneficiary report filed with the City of Las Vegas. We selected 28-unit reporting to test from a total population of 148 units, which is not a statistically valid selection. The selection was 2 units on the population of 14 reports. The error did not result in the unit not meeting the affordability requirements or any other federally reported requirement. Questioned Costs: None Repeat Finding: The finding was a repeat of a prior year finding.