Finding 528803 (2021-002)

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Requirement
L
Questioned Costs
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Year
2021
Accepted
2025-03-19
Audit: 346855
Organization: Saraland Manor, Inc. (MS)

AI Summary

  • Answer: Tenant income verification was delayed.
  • Trend: This issue may indicate a pattern of slow processing in tenant applications.
  • List: Follow up by reviewing verification timelines and implementing a tracking system to ensure timely checks.

Finding Text

Tenant Income verification was not performed timely.

Corrective Action Plan

We agree with Finding 2021-002 and the recommendations described above. We have continued to tighten our internal controls and provide additional training to employees to ensure all steps in the eligibility process are completed in a timely manner.

Categories

No categories assigned yet.

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.135 Mortgage Insurance Rental and Cooperative Housing for Moderate Income Families and Elderly, Market Interest Rate $6.03M
14.151 Supplemental Loan Insurance Multifamily Rental Housing $2.35M
14.195 Project-Based Rental Assistance (pbra) $874,942