FAC Explorer

Finding 554384 (2021-004)

Significant Deficiency Repeat Finding
Requirement
E
Questioned Costs
-
Year
2021
Accepted
2025-04-08
Audit: 353063
Organization: Vermont Seniors (CA)
Auditor: Cohnreznick LLP

AI Summary

  • Answer: 6 out of 14 tenants did not have the HUD Form 50059 completed on time.
  • Trend: This indicates a recurring issue with timely processing of required tenant documentation.
  • List: Follow up by ensuring all tenants have their HUD Form 50059 completed promptly to meet compliance requirements.

Finding Text

Condition/Context In connection with our lease file review we noted the following deficiencies: 6 out of 14 tenants tested did not have the HUD Form 50059 performed timely.

Corrective Action Plan

Management should establish procedures and monitor compliance with those procedures to ensure that tenant security deposits are correctly recorded, tenant eligibility is correctly determined and that tenant lease files are properly maintained in accordance with the requirements of HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs.

Categories

HUD Housing Programs

Other Findings in this Audit

  • 554381 2021-001
    Significant Deficiency Repeat
  • 554382 2021-002
    Significant Deficiency Repeat
  • 554383 2021-003
    Significant Deficiency Repeat
  • 554385 2021-005
    Significant Deficiency
  • 554386 2021-006
    Significant Deficiency
  • 554387 2021-002
    Significant Deficiency Repeat
  • 554388 2021-003
    Significant Deficiency Repeat
  • 554389 2021-004
    Significant Deficiency Repeat
  • 554390 2021-005
    Significant Deficiency
  • 554391 2021-006
    Significant Deficiency
  • 554392 2021-001
    Significant Deficiency Repeat
  • 554393 2021-002
    Significant Deficiency Repeat
  • 554394 2021-003
    Significant Deficiency Repeat
  • 554395 2021-004
    Significant Deficiency Repeat
  • 554396 2021-005
    Significant Deficiency
  • 554397 2021-006
    Significant Deficiency
  • 1130823 2021-001
    Significant Deficiency Repeat
  • 1130824 2021-002
    Significant Deficiency Repeat
  • 1130825 2021-003
    Significant Deficiency Repeat
  • 1130826 2021-004
    Significant Deficiency Repeat
  • 1130827 2021-005
    Significant Deficiency
  • 1130828 2021-006
    Significant Deficiency
  • 1130829 2021-002
    Significant Deficiency Repeat
  • 1130830 2021-003
    Significant Deficiency Repeat
  • 1130831 2021-004
    Significant Deficiency Repeat
  • 1130832 2021-005
    Significant Deficiency
  • 1130833 2021-006
    Significant Deficiency
  • 1130834 2021-001
    Significant Deficiency Repeat
  • 1130835 2021-002
    Significant Deficiency Repeat
  • 1130836 2021-003
    Significant Deficiency Repeat
  • 1130837 2021-004
    Significant Deficiency Repeat
  • 1130838 2021-005
    Significant Deficiency
  • 1130839 2021-006
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
14.239 Home Investment Partnerships Program $10.96M
14.157 Supportive Housing for the Elderly $560,289