Finding 587319 (2023-001)

Requirement

Questioned Costs

Year

2023

Accepted

2024-01-30

Audit: 14612

Organization: Victoria Voa Elderly Housing, INC (bretton Village) (VA)

Auditor: Maddox & Associates Apc

AI Summary

Answer: Monthly deposits of $853 are required by the regulatory agreement.
Trend: Consistent compliance with this requirement is essential to avoid penalties.
List: Ensure all monthly deposits are made on time and verify compliance regularly.

The regulatory agreement (as amended) requires monthly deposits of $853.

ALN	Program Name	Expenditures
14.155	Supportive Housing for the Elderly	$1.87M
14.195	Section 8 Housing Assistance Payments Program	$301,585