Finding Text
Criteria: 2 CFR Part 92.252(h) stipulates each year during the period of affordability, the project owner must re-examine each tenant?s annual income. Condition: The Organization contracted with a third party to determine eligibility of tenants. During the year, the third party failed to complete annual recertifications timely. Of the 11 tenant files tested, 8 tenants? annual recertifications were not completed timely, 2 were not completed before issuance of the report and 1 was a new tenant which complied with requirements. Cause: The Organization relied on a third-party provider to perform the work they were contracted to perform and the third-party failed to complete the annual recertifications timely. Effect: Annual recertifications were not performed timely which could allow ineligible tenants to remain on the program. Questioned Costs: None Recommendation: The Organization should perform annual recertifications timely.