Finding Text
Statement of Condition During the year ended March 31, 2022, in connection with our lease file review we noted the following deficiency: Two out of two existing tenants tested completed their current year recertification after the required recertification date. 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. Questioned Costs N/A. Effect The procedures for determining tenant eligibility were not consistently applied in accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs were not consistently followed. Recommendation Management should establish procedures and monitor compliance with those procedures to ensure that tenant eligibility is correctly determined and that tenant lease files are properly maintained in accordance with the requirements of HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs. Auditor Noncompliance Code: E - Eligibility and N - Special Tests and Provisions. Finding Resolution Status: Resolved. Views of Responsible Officials and Planned Corrective Actions: The Corporation agrees with the finding and the auditor's recommendation has been adopted.