FAC Explorer

Finding 528664 (2023-002)

Material Weakness Repeat Finding
Requirement
E
Questioned Costs
-
Year
2023
Accepted
2025-03-18
Audit: 346684
Organization: Trinity Acres Housing Corporation (IL)
Auditor: Alexander Mannie & Company PC

AI Summary

  • Issue: EIV was not obtained for tenants within 90 days of move-in.
  • Trend: This is a recurring problem that could lead to compliance risks.
  • Follow-up: Ensure timely EIV collection for all new tenants moving forward.

Finding Text

The Enterprise Income Verification (EIV) was not obtained after 90 days from the date of move-in from the following tenants:

Corrective Action Plan

The Project will follow the HUD directive in obtaining the EIV within 90 days of move-in.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 528662 2023-001
    Material Weakness Repeat
  • 528663 2023-001
    Material Weakness Repeat
  • 528665 2023-002
    Material Weakness Repeat
  • 528666 2023-003
    Material Weakness
  • 528667 2023-003
    Material Weakness
  • 528668 2023-004
    Material Weakness Repeat
  • 528669 2023-004
    Material Weakness Repeat
  • 528670 2023-005
    Material Weakness
  • 528671 2023-006
    Material Weakness Repeat
  • 528672 2023-006
    Material Weakness Repeat
  • 528673 2023-007
    Material Weakness Repeat
  • 528674 2023-008
    Material Weakness Repeat
  • 528675 2023-009
    Material Weakness
  • 1105104 2023-001
    Material Weakness Repeat
  • 1105105 2023-001
    Material Weakness Repeat
  • 1105106 2023-002
    Material Weakness Repeat
  • 1105107 2023-002
    Material Weakness Repeat
  • 1105108 2023-003
    Material Weakness
  • 1105109 2023-003
    Material Weakness
  • 1105110 2023-004
    Material Weakness Repeat
  • 1105111 2023-004
    Material Weakness Repeat
  • 1105112 2023-005
    Material Weakness
  • 1105113 2023-006
    Material Weakness Repeat
  • 1105114 2023-006
    Material Weakness Repeat
  • 1105115 2023-007
    Material Weakness Repeat
  • 1105116 2023-008
    Material Weakness Repeat
  • 1105117 2023-009
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $2.81M
14.195 Project-Based Rental Assistance (pbra) $701,711