FAC Explorer

Finding 501911 (2024-002)

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Requirement
L
Questioned Costs
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Year
2024
Accepted
2024-10-07
Audit: 324066
Organization: Morehouse Senior Apartments, Inc. (LA)
Auditor: Maddox & Associates Apc

AI Summary

  • Answer: Financial statements were not submitted to HUD as required.
  • Trend: This could indicate a pattern of non-compliance with reporting obligations.
  • List: Follow up by ensuring timely filing of future statements and reviewing compliance processes.

Finding Text

FINANCIAL STATEMENTS WERE NOT FILED WITH HUD.

Corrective Action Plan

MANAGEMENT AGREES WITH THE FINDING. THE FINANCIAL STATEMENTS WERE SUBMITTED TO HUD ON NOVEMBER 14, 2023.

Categories

HUD Housing Programs

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $1.04M