FAC Explorer

Finding 976564 (2023-001)

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Requirement
C
Questioned Costs
-
Year
2023
Accepted
2024-06-06
Audit: 308245
Organization: Florida Christian Manor, Inc. (sundale Manor) (AL)
Auditor: Maddox & Associates Apc

AI Summary

  • Answer: The project failed to send excess Residual Receipts to HUD.
  • Trend: This issue may indicate a pattern of non-compliance with financial reporting requirements.
  • List: Follow up by reviewing all financial transactions and ensuring timely remittance of funds to HUD.

Finding Text

The project did not remit excess Residual Receipts to HUD.

Categories

HUD Housing Programs Cash Management

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.155 Mortgage Insurance for the Purchase Or Refinancing of Existing Multifamily Housing Projects $3.29M
14.195 Section 8 Housing Assistance Payments Program $1.02M