Finding Text
Finding #2022-001: Section 8 Housing Assistance Payments Program, CFDA: 14.195 ? Waters at Augusta, L.P. Condition: The Partnership failed to set up and submit the monthly Housing Assistance Payments Program vouchers for payment in a timely manner resulting in five months of subsidy rental income not received. Criteria: The Partnership is required to submit monthly vouchers for payment of rental assistance. Questioned Costs: $666,659 Effect: The Partnership is in violation of the Section 8 Housing Assistance Payments Program. Cause: HUD experienced complications setting up the System for Award Management (SAM) number. The partnership filled out the application accurately but when HUD processed the SAM number, it incorrectly contained information for Waters at Ribaut which took several months for HUD to resolve internally. There were additional delays incurred in HUD implementing the correct depository bank account information. Recommendation: We recommend the Partnership submit the missing vouchers for payment. Management?s Views: Management is in agreement with the finding and will submit the remaining vouchers. Auditors comment: Partially Cleared. The Partnership has successfully set up and submitted the August, September, and October 2022 vouchers and received $391,023 in 2023 for all three months.