Corrective Action Plan
September 23, 2024
U.S. Department of Housing & Urban Development
20 Church Street, 10 th floor
Hartford, CT 06103
Northwest Senior Housing Corporation respectfully submits the following corrective
action plan for Susan M. B. Perry Senior Housing's (Project #Ol 7-EE088) year ended
December 31, 2023, which was audited by:
Bailey, Moore, Glazer, Shaefer & Proto LLP
16 Lunar Drive
Woodbridge, CT 06525
The sole finding from the 12/31/2023 schedule of findings and questions costs is
discussed below and numbered consistently with the numbers assigned in the schedule.
FINDINGS - FINANCIAL STATEMENT AUDIT
NONE
FINDINGS - FEDERAL A WARD PROGRAMS AUDIT
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Finding number 2023-001: 14.157 Supportive Housing for the Elderly
Condition: Withdrawals from the replacement reserves totaling $3,065.08 were not
supported by invoices or cash disbursements. As a result, the replacement reserve is
underfunded by this amount.
Recommendation: Care to be taken to track reserve requests to the actual cash
disbursements.
Action Taken: Upon receipt of an approved replacement reserve draw, the payment status
of all listed invoices are reviewed and within three business day of the money being
transferred, checks are cut towards any invoices that have not yet been paid.
Furthermore, the unsubstantiated $3,065.08 that was drawn from the replacement reserve
account was returned to the account on September 25, 2024.
If the U.S. Department of Housing and Urban Development has questions regarding this
plan, please call Matthew Fontaine at (860) 951-9411 extension 249.
Matthew Fontaine, CPA
Managing Agent