Finding 529673 (2023-002)

- Repeat Finding

Requirement

Questioned Costs

Year

2023

Accepted

2025-03-24

Audit: 347577

Organization: Trinity Community Housing CORP (IL)

Auditor: Alexander Mannie & Company PC

AI Summary

Issue: EIV was not obtained for a tenant within the required 90-day timeframe after move-in.
Trend: This could indicate a pattern of delays in obtaining necessary documentation for new tenants.
Follow-up: Ensure timely EIV requests are made and review processes to prevent future delays.

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

ALN	Program Name	Expenditures
14.155	Mortgage Insurance for the Purchase Or Refinancing of Existing Multifamily Housing Projects	$3.62M
14.195	Project-Based Rental Assistance (pbra)	$1.05M