Finding 565072 (2022-002)

Criteria: The Projects regulatory agreement with HUD and the HUD Uniform Financial Reporting Standards require financial statements to be submitted to HUD within 90 days fiscal year end. Condition: The financial information was not submitted to HUD within the 90 days following the end of fiscal year. Effect: The Project is not in compliance with the reporting requirements. Context: The financial information was not filed timely. Cause: The annual audit was not completed within the applicable time frames so it was not available to be submitted the due date. Repeat Finding: N/A Recommendation: The financial information should be filed as soon as possible. Auditor Non-Compliance Code: Reporting Views of Responsible Officials: Management agrees with the finding and will file the report.