Finding 555663 (2024-001)

Finding Reference Number: 2024-001 Assistance Listing Number and Program Title: 14.181 Supportive Housing for Persons with Disabilities (Section 811 and Project Rental Assistance Contract) Criteria: The Regulatory Agreement requires the property to be in full compliance with all HUD regulations. Statement of Condition: On April 3, 2024, the property had a Real Estate Assessment Center physical inspection and received a below average score of 55*+^. Cause: Management oversight. Effect or Potential Effect: Based on the results of the inspection, the Corporation was out of compliance with the requirements of the Regulatory Agreement. Questioned Costs: None Context: During the year ended December 31, 2024, the property had a Real Estate Assessment Center physical inspection. Recommendation: All required changes, corrections should be made in accordance with the Real Estate Assessment Center physical inspection and the Regulatory Agreement and routine physical inspections and maintenance should be performed at the property to prevent future occurrences of the deficiency.