Finding 505302 (2024-002)

Material Weakness
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2024-11-11
Audit: 327913
Organization: Wood County Village, Inc. (OH)
Auditor: Gbq Partners LLC

AI Summary

  • Core Issue: The Project failed to request tenant assistance payments for April and did not re-submit for December, violating program requirements.
  • Impacted Requirements: Monthly requests for tenant assistance payments are mandated by the Regulatory Agreement.
  • Recommended Follow-Up: The Project’s sponsor should enhance internal controls and management oversight to prevent future compliance issues.

Finding Text

Finding 2024-002 U.S. Department of Housing and Urban Development Supportive Housing for Persons with Disabilities (Section 811) - Assistance Listing 14.181; Grant period - Year ended June 30, 2024 Material Noncompliance with Program Requirements Material Weakness Over Compliance: Program Administration Statement of Condition: The Project did not request tenant assistance payments for the month of April and failed to re-submit a tenant assistance request for the month of December. Criteria: The Regulatory Agreement requires the Project to ensure controls exist to request the appropriate funds for each tenant on a monthly basis. Cause of Condition: The Project’s controls over monthly housing assistance payments were not working properly due to lack of management oversight due to turnover during the year. Effect of Condition: The Project is not in compliance with the HUD approved Regulatory Agreement. Questioned Costs: None Identification of Repeat Finding: Not Applicable Recommendation: We recommend that the Project’s sponsor review the design and implementation of internal control procedures and identify areas to strengthen management oversight. Management’s Response: The Project’s sponsor agrees with the recommendations. See Corrective Action Plan.

Corrective Action Plan

B. Current Findings on the Schedule of Findings, Questioned Costs, and Recommendations. 1. Finding 2024-002 U.S. Department of Housing and Urban Development Supportive Housing for Persons with Disabilities (Section 811) – CFDA 14.181; Grant period – Year ended June 30, 2024 a. Comments on the Finding and Each Recommendation. Statement of Condition: The Project did not request tenant assistance payments for the month of April and failed to re-submit a tenant assistance request for the month of December. Criteria: The Regulatory Agreement requires the Project to ensure controls exist to request the appropriate funds for each tenant on a monthly basis. Cause: The Project’s controls over monthly housing assistance payments were not working properly due to lack of management oversight due to turnover during the year. Effect of Condition: The Project is not in compliance with the HUD approved Regulatory Agreement. Recommendation: We recommend that the Project’s sponsor review the design and implementation of internal control procedures and identify areas to strengthen management oversight oversight. b. Action(s) Taken or Planned on the Finding 1. The Project’s sponsor is aware of the requirements of the HUD Regulatory Agreement and is working with new staff to ensure they receive the proper training on HUD requirements. 2. In August 2024, the April 2024 HAP requests were submitted for payment.

Categories

HUD Housing Programs Material Weakness Internal Control / Segregation of Duties

Other Findings in this Audit

  • 505301 2024-001
    Material Weakness
  • 505303 2024-003
    Significant Deficiency
  • 1081743 2024-001
    Material Weakness
  • 1081744 2024-002
    Material Weakness
  • 1081745 2024-003
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
14.181 Supportive Housing for Persons with Disabilities $817,300