FAC Explorer

Finding 502444 (2024-001)

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Requirement
C
Questioned Costs
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Year
2024
Accepted
2024-10-10
Audit: 324462
Organization: North Highlands Voa Living Center, INC (centennial Place) (VA)
Auditor: Maddox & Associates Apc

AI Summary

  • Issue: The project failed to send excess residual receipts to HUD.
  • Trend: This could indicate a pattern of non-compliance with financial reporting requirements.
  • Follow-up: Review procedures for handling residual receipts and ensure timely remittance to HUD moving forward.

Finding Text

The project did not remit excess residual receipts to HUD.

Corrective Action Plan

Management Agrees with the finding. The excess funds were accrued to submit to HUD.

Categories

HUD Housing Programs Cash Management

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.181 Supportive Housing for Persons with Disabilities $2.13M
14.239 Home Investment Partnerships Program $954,799