EIN: 133751223
UEI: HUL4SZT2MLD8
Data as of August 24, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on September 27, 2024. Under 2 CFR 200.521(d), a pass-through entity that provided federal funds to this organization for this audit period must issue a management decision on these findings by March 27, 2025 (515 days ago).
What is a management decision? →Department of Housing and Urban Development Finding No. 2023-001; Supportive Housing for the Elderly (Section 202), Assistance Listing Number 14.157 Statement of Condition In connection with the procedures applied to a sample of 1 tenant that moved out of the Project during the year, we noted 1 instance where management failed to refund the tenant security deposit and/or provide the tenant with an itemized list of charges deducted from the deposit within thirty days after the move-out. Criteria In accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs, within 30 days after the move-out date (or shorter time if required by state and/or local laws), management must either: refund the full security deposit plus accrued interest to a tenant that does not owe any amounts under the lease; or provide the tenant with an itemized list of any unpaid rent, damages to the unit, and an estimated cost for repair, along with a statement of the tenant's rights under state and local laws. Questioned Costs None Effect Management failed to comply with the HUD occupancy requirement to timely refund the tenant security deposits. Cause Property management informed the accounting staff of the move out, however due to a clerical error, the check was not issued within the 30 days of the tenant having moved out. Recommendation Management should ensure its policies and procedures related to refunding of tenant security deposits are followed and comply with the thirty-day timeline required by HUD regulations. Auditor Noncompliance Code: N - Special tests and provisions Finding Resolution Status: In process. Views of Responsible Officials and Planned Corrective Actions Management agrees with the finding and will implement the auditor's recommendations. The recommendation, if properly implemented, should prevent this condition from arising again. Action 1-The residence director, building office staff, and accounting staff will be informed of the HUD requirements regarding the timely refund of security deposits. Action 2-The residence director and building office staff will immediately notify the accounting staff of all move outs by email so that a security deposit refund check can be promptly issued. Action 3-The asset management staff will review the accounts payable aging on a weekly basis to ensure that all security deposit refund checks have been issued.
Show full finding ▾Hide full finding ▴Department of Housing and Urban Development Finding No. 2023-001; Supportive Housing for the Elderly (Section 202), Assistance Listing Number 14.157 Statement of Condition In connection with the procedures applied to a sample of 1 tenant that moved out of the Project during the year, we noted 1 instance where management failed to refund the tenant security deposit and/or provide the tenant with an itemized list of charges deducted from the deposit within thirty days after the move-out. Criteria In accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs, within 30 days after the move-out date (or shorter time if required by state and/or local laws), management must either: refund the full security deposit plus accrued interest to a tenant that does not owe any amounts under the lease; or provide the tenant with an itemized list of any unpaid rent, damages to the unit, and an estimated cost for repair, along with a statement of the tenant's rights under state and local laws. Questioned Costs None Effect Management failed to comply with the HUD occupancy requirement to timely refund the tenant security deposits. Cause Property management informed the accounting staff of the move out, however due to a clerical error, the check was not issued within the 30 days of the tenant having moved out. Recommendation Management should ensure its policies and procedures related to refunding of tenant security deposits are followed and comply with the thirty-day timeline required by HUD regulations. Auditor Noncompliance Code: N - Special tests and provisions Finding Resolution Status: In process. Views of Responsible Officials and Planned Corrective Actions Management agrees with the finding and will implement the auditor's recommendations. The recommendation, if properly implemented, should prevent this condition from arising again. Action 1-The residence director, building office staff, and accounting staff will be informed of the HUD requirements regarding the timely refund of security deposits. Action 2-The residence director and building office staff will immediately notify the accounting staff of all move outs by email so that a security deposit refund check can be promptly issued. Action 3-The asset management staff will review the accounts payable aging on a weekly basis to ensure that all security deposit refund checks have been issued.
1. Finding 2023-001 a. Comments on the Finding and Each Recommendation Management agrees with the finding and will implement the auditor’s recommendations. The recommendation, if properly implemented, should prevent this condition from arising again. Action(s) Taken or Planned on the Finding Action 1-The residence director, building office staff, and accounting staff will be informed of the HUD requirements regarding the timely refund of security deposits. Action 2-The residence director and building office staff will immediately notify the accounting staff of all move outs by email so that a security deposit refund check can be promptly issued. Action 3-The asset management staff will review the accounts payable aging on a weekly basis to ensure that all security deposit refund checks have been issued. b. Support staff has been brought in to lighten the workload of the fiscal staff allowing them the time to ensure that the return of the security deposits are processed in a timely manner.
2022-001
FAC accepted this audit on September 28, 2023 — management decision was due March 28, 2024.
Statement of Condition In connection with the procedures applied to a sample of 2 tenants that moved out of the Project during the year, we noted 1 instance where management failed to refund the tenant security deposit and/or provide the tenant with an itemized list of charges deducted from the deposit within thirty days after the move-out. Criteria In accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs, within 30 days after the move-out date (or shorter time if required by state and/or local laws), management must either: refund the full security deposit plus accrued interest to a tenant that does not owe any amounts under the lease; or provide the tenant with an itemized list of any unpaid rent, damages to the unit, and an estimated cost for repair, along with a statement of the tenant's rights under state and local laws. Questioned Costs None Effect Management failed to comply with the HUD occupancy requirement to timely refund the tenant security deposits. Cause On tenant move out property management failed to timely notify the accounting staff of the move out and to issue the check to the tenant. Recommendation Management should ensure its policies and procedures related to refunding of tenant security deposits are followed and comply with the thirty-day timeline required by HUD regulations.
Show full finding ▾Hide full finding ▴Statement of Condition In connection with the procedures applied to a sample of 2 tenants that moved out of the Project during the year, we noted 1 instance where management failed to refund the tenant security deposit and/or provide the tenant with an itemized list of charges deducted from the deposit within thirty days after the move-out. Criteria In accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs, within 30 days after the move-out date (or shorter time if required by state and/or local laws), management must either: refund the full security deposit plus accrued interest to a tenant that does not owe any amounts under the lease; or provide the tenant with an itemized list of any unpaid rent, damages to the unit, and an estimated cost for repair, along with a statement of the tenant's rights under state and local laws. Questioned Costs None Effect Management failed to comply with the HUD occupancy requirement to timely refund the tenant security deposits. Cause On tenant move out property management failed to timely notify the accounting staff of the move out and to issue the check to the tenant. Recommendation Management should ensure its policies and procedures related to refunding of tenant security deposits are followed and comply with the thirty-day timeline required by HUD regulations.
Views of Responsible Officials and Planned Corrective Actions Management agrees with the finding and will implement the auditor?s recommendations. The recommendation, if properly implemented, should prevent this condition from arising again. Action 1-The residence director, building office staff, and accounting staff will be informed of the HUD requirements regarding the timely refund of security deposits. Action 2-The residence director and building office staff will immediately notify the accounting staff of all move outs by email so that a security deposit refund check can be promptly issued. Action 3-The asset management staff will review the accounts payable aging on a weekly basis to ensure that all security deposit refund checks have been issued.
Statement of Condition During the year ended December 31, 2022, the Project did not make the required monthly deposits to the replacement reserve in the amount of $96,800. The Project is required to make monthly deposits to the reserve in the amount of $48,400. Criteria The PRAC requires that the Project make monthly deposits to its replacement reserve. Questioned Costs None Effect Failure to make monthly payments resulted in an underfunding the replacement reserve and a violation of the PRAC. Cause Delays in renewal of the PRAC caused delays in HUD's payment of the subsidy portion of income resulting in cash not being available to make the required deposit. Recommendation Management should make every effort to make deposits into the replacement reserve timely. Auditor Noncompliance Code: N ? Special tests and provisions
Show full finding ▾Hide full finding ▴Statement of Condition During the year ended December 31, 2022, the Project did not make the required monthly deposits to the replacement reserve in the amount of $96,800. The Project is required to make monthly deposits to the reserve in the amount of $48,400. Criteria The PRAC requires that the Project make monthly deposits to its replacement reserve. Questioned Costs None Effect Failure to make monthly payments resulted in an underfunding the replacement reserve and a violation of the PRAC. Cause Delays in renewal of the PRAC caused delays in HUD's payment of the subsidy portion of income resulting in cash not being available to make the required deposit. Recommendation Management should make every effort to make deposits into the replacement reserve timely. Auditor Noncompliance Code: N ? Special tests and provisions
Views of Responsible Officials and Planned Corrective Actions Management agrees with the finding and will implement the auditor?s recommendations. The recommendation, if effectively implemented, should prevent this condition from arising again. Action 1- Management made all the required monthly deposits to the replacement reserve through August 31st, 2023. Action 2-In the event of delayed subsidy payments, management will make the monthly deposits to the replacement reserve as soon as the delayed subsidy payments are received. Action 3-All staff members will be made aware of the importance of maintaining a fully funded replacement reserve account.
FAC accepted this audit on October 6, 2021 — management decision was due April 6, 2022.
Department of Housing and Urban DevelopmentFinding No. 2020-001; Section 202, CFDA 14.157Statement of ConditionDuring the procedures applied to a sample of 14 tenant lease files, we noted the followinginstances of noncompliance with HUD regulations regarding tenant eligibility and themaintenance of lease files:1. One instance where the move-out inspection were not maintained in the lease file.2. Two instances where the resident's income recertification was not performed timely.CriteriaManagement is responsible for determining tenant eligibility and maintaining lease files inaccordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized MultifamilyHousing Programs.Questioned Costs - NoneEffectNoncompliance with HUD guidelines could result in units being rented to ineligible tenantsand/or errors in the rent subsidies paid by HUD.CauseManagement did not follow the policies and procedures which have been established for propertenant file maintenance and determining tenant eligibility in accordance with HUD guidelines.RecommendationManagement should review the structure and effectiveness of established procedures andmonitor compliance with those procedures to ensure that the determination of tenant eligibilityand the maintenance of lease files operate in accordance with guidelines specified by HUD.Auditor Noncompliance Code: R - Section 8 program administrationFinding Resolution Status: In process.
Show full finding ▾Hide full finding ▴Department of Housing and Urban DevelopmentFinding No. 2020-001; Section 202, CFDA 14.157Statement of ConditionDuring the procedures applied to a sample of 14 tenant lease files, we noted the followinginstances of noncompliance with HUD regulations regarding tenant eligibility and themaintenance of lease files:1. One instance where the move-out inspection were not maintained in the lease file.2. Two instances where the resident's income recertification was not performed timely.CriteriaManagement is responsible for determining tenant eligibility and maintaining lease files inaccordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized MultifamilyHousing Programs.Questioned Costs - NoneEffectNoncompliance with HUD guidelines could result in units being rented to ineligible tenantsand/or errors in the rent subsidies paid by HUD.CauseManagement did not follow the policies and procedures which have been established for propertenant file maintenance and determining tenant eligibility in accordance with HUD guidelines.RecommendationManagement should review the structure and effectiveness of established procedures andmonitor compliance with those procedures to ensure that the determination of tenant eligibilityand the maintenance of lease files operate in accordance with guidelines specified by HUD.Auditor Noncompliance Code: R - Section 8 program administrationFinding Resolution Status: In process.
Views of Responsible Officials and Planned Corrective Actions:1. Due to in-person limitations and staff shortages resulting from the COVID-19 pandemic,recertifications and obtaining required documents from the Electronic Income Verifications ina timely manner were delayed and led to this condition. As corrective measures,management restructured the housing entity so that more staff are now dedicated to thisprocess.2. During the peak of the pandemic, management elected to limit the time relatives of residentscould conduct the move out process as a safety measure for the elderly residents living inthe building. Management will revert to the standard closeout process once it has beendetermined that it is safe to do so.
FAC accepted this audit on April 25, 2018 — management decision was due October 25, 2018.
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