Finding 976891 (2022-003)

Significant Deficiency Repeat Finding
Requirement
E
Questioned Costs
-
Year
2022
Accepted
2024-06-10
Audit: 308469
Auditor: Cohnreznick LLP

AI Summary

  • Core Issue: The property owner failed to provide the correct number and types of HOME units as required by HUD regulations.
  • Impacted Requirements: Compliance with 24 CFR Part 92 and the guidelines for maintaining designated HOME unit sizes and ratios.
  • Recommended Follow-up: Management must ensure consistent adherence to HUD guidelines to prevent ineligible tenants from occupying HOME units.

Finding Text

Finding No. 2022-003 HUD HOME Investment Partnerships Program Federal Assistance Listing Number #14.239 Uniform Guidance Compliance Requirement Code: E-Eligibility Criteria Each owner must comply with the requirements set forth in 24 CFR Part 92 regulations as outlined in the "Compliance in HOME Rental Projects: A Guide for Property Owners" published by HUD which requires the property to maintain the contracted number of HOME units as well as the designated splits in bedroom size and High Home/Low Home unit ratios. Condition The owner did not make available to HOME tenants the contracted number and type of HOME units. Cause Management’s policies with respect to maintaining the number and split of contracted HOME units were not consistently followed. Effect or Potential Effect The procedures for determining and maintaining the correct HOME units within the property were not applied. This could result in ineligible tenants occupying HOME designated units. Questioned Costs: Not applicable. Context In connection with the procedures applied to our HOME units testing, one of the five properties tested did not meet the contracted HOME units size portfolio (there should be four 3-bedroom units (there are 5); and there should be three 4-bedroom units (there are 2)). Repeat Finding: Yes - Finding 2021-002 Recommendation Management should follow procedures in place to ensure consistent application and adherence to the requirements in accordance with the “Compliance in HOME Rental Projects: A Guide for Property Owners” published by HUD. Views of Responsible Officials A unit will be re-classified the next time there is a vacant unit of the corresponding size/type.

Categories

Eligibility HUD Housing Programs

Other Findings in this Audit

  • 400447 2022-001
    Significant Deficiency Repeat
  • 400448 2022-002
    Significant Deficiency
  • 400449 2022-003
    Significant Deficiency Repeat
  • 400450 2022-004
    Significant Deficiency Repeat
  • 400451 2022-005
    Significant Deficiency Repeat
  • 400452 2022-006
    Significant Deficiency
  • 400453 2022-007
    Significant Deficiency
  • 976889 2022-001
    Significant Deficiency Repeat
  • 976890 2022-002
    Significant Deficiency
  • 976892 2022-004
    Significant Deficiency Repeat
  • 976893 2022-005
    Significant Deficiency Repeat
  • 976894 2022-006
    Significant Deficiency
  • 976895 2022-007
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
14.218 Community Development Block Grants/entitlement Grants $1.76M
14.275 Housing Trust Fund $1.63M
99.999 Low Income Housing Preservation and Resident Homeownership Act of 1990-Capital Grant $964,955
21.027 Coronavirus State and Local Fiscal Recovery Funds $919,510
14.195 Section 8 Housing Assistance Payments Program $573,080
14.155 Mortgage Insurance for the Purchase Or Refinancing of Existing Multifamily Housing Projects $543,690
21.000 Section 607(e ) of the Neighborhood Reinvestment Corporation Act, As Amended $477,500
14.241 Housing Opportunities for Persons with Aids $380,000
14.239 Home Investment Partnerships Program $214,929
21.023 Emergency Rental Assistance Program $32,915