Finding 596675 (2022-003)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2022
Accepted
2023-07-09
Audit: 18756
Organization: Longmont Housing Authority (CO)
Auditor: Eide Bailly LLP

AI Summary

  • Core Issue: The Authority failed to obtain reasonable rent forms on time, impacting compliance with housing regulations.
  • Impacted Requirements: The program mandates timely documentation of reasonable rent comparisons during initial move-ins and annual recertifications.
  • Recommended Follow-Up: Implement stronger controls and training to ensure timely maintenance of reasonable rent documentation.

Finding Text

U.S. Department of Housing and Urban Development ? CFDA #14.871 Section 8 Housing Choice Vouchers Applicable Federal Award Number and Year ? Housing Choice Vouchers ? 2022 Special Tests and Provisions ? Reasonable Rent Significant Deficiency in Internal Control over Compliance and Noncompliance Criteria: The Program requires the Authority to determine that rent to owners are reasonable in comparison to rent for other comparable unassisted units at the time of an initial move-in to a unit or during the annual recertification if the rent is increased. Condition: During our testing of compliance for reasonable rent, we identified instances in which the reasonable rent form was not obtained timely. Cause: The Authority?s internal controls related to the proper maintenance of reasonable rent forms were not operating as designed due to lack of education. Effect: Weaknesses in internal control over compliance could result in the Authority failing to comply with reasonable rent requirements. Questioned Costs: None reported. Context/Sampling: A non-statistical sample of 13 units that had rent changes were selected for testing. 12 out of the 13 units tested had the reasonable rent forms added at a later time. Repeat Finding from Prior Year: No. Recommendation: We recommend that the Authority establish controls to ensure the proper documentation of reasonable rent is maintained. View of Responsible Officials: Management agrees with the finding.

Categories

HUD Housing Programs Special Tests & Provisions Significant Deficiency Internal Control / Segregation of Duties

Other Findings in this Audit

  • 20229 2022-004
    -
  • 20230 2022-004
    Significant Deficiency
  • 20231 2022-001
    Significant Deficiency
  • 20232 2022-002
    Significant Deficiency
  • 20233 2022-003
    Significant Deficiency
  • 596671 2022-004
    -
  • 596672 2022-004
    Significant Deficiency
  • 596673 2022-001
    Significant Deficiency
  • 596674 2022-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
14.871 Section 8 Housing Choice Vouchers $5.72M
21.027 Coronavirus State and Local Fiscal Recovery Funds $875,000
14.218 Community Development Block Grants/entitlement Grants $402,916
14.249 Section 8 Moderate Rehabilitation Single Room Occupancy $50,055