Finding Text
HOUSING OF OLIVIA, INC. HUD PROJECT NO. 092-35132-NP-SUP SCHEDULE OF FINDINGS AND QUESTIONED COSTS (CONTINUED) YEAR ENDED SEPTEMBER 30, 2022 C. Findings and Questioned Costs - Major Federal Award Programs Audit Questioned Costs DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FINDING 2022-001: SECTION 221 (d)(3), ASSISTANCE LISTING NUMBER 14.239 Condition: The Project did not file the form HUD-93479 "Monthly Report for Establishing Net Income." Criteria: The Project should file this form monthly. Effect: No financial effect. Context: The monthly filing requirement for form HUD-93479 was tested for compliance for the year end September 30, 2022. Number Dollars Population 12 N/A Sample 12 N/A Not in Compliance 12 N/A Questioned Costs None Cause: The new management company was unaware of the monthly filing requirement of form HUD-93479, and unknowingly failed to file the form the last 12 months of the year ended September 30, 2022. Recommendation: The Project should immediately determine the steps necessary to successfully file the form on a monthly basis. Views of Responsible Officials and Planned Corrective Actions: The Project agrees with the finding. Management will determine the steps necessary to file this form. Questioned Costs - Department of Housing and Urban Development None Non-compliance code - R