Finding 598079 (2022-001)

Significant Deficiency
Requirement
E
Questioned Costs
-
Year
2022
Accepted
2023-09-28
Audit: 24194
Auditor: Cohnreznick LLP

AI Summary

  • Core Issue: Inadequate documentation in tenant lease files, including missing income verification and move-out inspections.
  • Impacted Requirements: Non-compliance with HUD Handbook 4350.3 regarding tenant eligibility and lease file maintenance.
  • Recommended Follow-Up: Management should enhance procedures and monitor compliance to ensure proper income verification and documentation in lease files.

Finding Text

Department of Housing and Urban Development Finding No. 2022-001; Section 8 New Construction and Substantial Rehabilitation, Assistance Listing Number 14.182 Statement of Condition In connection with our lease file review, we noted the following deficiencies: The Enterprise Income Verification (EIV) form in the tenant's file for 2 out of 15 tenants tested did not have documentation in their lease file that their income was verified. The procedures applied to a sample of 1 out of 2 tenants tested did not have move out inspections in their lease files. The procedures applied to a sample of 1 out of 15 tenants tested did not have a signed HUD Form 50059 in their lease files. Cause Management's policies with respect to income verification, move out inspections, and the maintenance of tenant lease files in accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs were not consistently followed. Effect or Potential Effect The procedures for income verification, move out inspections, and the maintenance of tenant lease files in accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs. This could result in units being rented to ineligible tenants or errors in the rent subsidies paid by HUD. Criteria Tenant lease files are required to be maintained and tenant eligibility determined in accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs. Recommendations Management should establish procedures and monitor compliance with those procedures to insure that tenant's income is properly verified and tenant lease files are being maintained in accordance with the requirements of HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs. Auditor Noncompliance Code: R - Section 8 program administration Finding Resolution: In process Reporting Views of Responsible Officials The Organization agrees with the finding and management will implement and strengthen internal controls over compliance and tenant lease files.

Categories

HUD Housing Programs Eligibility Reporting

Other Findings in this Audit

  • 21637 2022-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
14.134 Mortgage Insurance_rental Housing $3.94M
14.182 Section 8 New Construction and Substantial Rehabilitation $1.04M