Finding Text
FINDING No. 2023-001: Section 202 Supportive Housing for the Elderly, ALN 14.157
Finding Resolution Status: Resolved.
Information on Universe
Population Size: Total assistance revenue.
Sample Size Information: All monthly PRAC requests.
Identification of Repeat Finding
and Finding Reference Number: No.
Criteria: As required by HUD regulations, applications for renewal of
PRAC contracts must be completed 120 days prior to the PRAC
expiration date.
Statement of Condition: The Project did not complete the renewal process 120 days prior
to the PRAC expiration date of October 30, 2022.
Cause: The Project did not follow HUD regulations for a timely contract
renewal resulting in the delay of HUD funding.
Effect or Potential Effect: The Project is not in compliance with HUD regulations for timely
renewal of PRAC contract resulting in delayed receipt of HAP
funds.
Auditor Non-Compliance Code: R – Section 8 Program Administration Reporting Views of Responsible
Officials:
The Project agrees with the finding and the auditor’s
recommendations have been adopted.
Recommendation: The Project should comply with HUD regulations for timely
renewal of the PRAC contract to ensure no interruption in
funding.
Response Indicator: Agree.
Completion Date:
12/09/2022
Response: Management has implemented new procedures in addition to
having compliance send email reminders to ensure the timely
processing of PRAC renewals.