Housing Authority of the Borough of Fort Lee

EIN: 221853341

UEI: M489TV83UMM5

Data as of August 25, 2026

Housing Authority of the Borough of Fort Lee8 audit years1 findings
8
Audit Years
1
Total Findings
0
Repeat Findings

FY 2024-12-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on September 30, 2025. 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 30, 2026 (148 days ago).

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2024-001
Special Tests & Provisions

Based upon inspection of the Authority’s files, there were newly leased units for which rent reasonableness evaluations were not able to be located at the time of examination. Context: There were approximately nineteen (19) newly leased Section 8 Housing Choice Voucher units. Of a sample size of two (2) newly leased units, rent reasonableness evaluations for two (2) could not be located for review at the time of examination. Our sample size is statistically valid. Known Questioned Costs: Amount is below the threshold of $25,000. Cause: The Authority did not keep copies of completed rent reasonableness calculations in order to demonstrate compliance with with the Section 8 Housing Choice Voucher Program requirements. Effect: The Section 8 Housing Choice Vouchers program is in non-compliance with the special tests and provisions type of compliance related to reasonable rent. Recommendation: We recommend the Authority maintain hard copies of rent reasonableness calculations which will demonstrate compliance with the Uniform Guidance and the compliance supplement.

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Full finding narrative

Federal Program Titles: Section 8 Housing Choice Vouchers Federal Assistance Listing Number: 14.871 Noncompliance – N. Special Tests and Provisions – Reasonable Rent Non Compliance Material to the Financial Statements: No Significant Deficiency in Internal Control over Compliance for Special Tests and Provisions Criteria: Reasonable Rent. The Authority must do the following: The Authority must determine that the rent to owner is reasonable at the time of initial leasing. Also, the Authority must determine reasonable rent during the term of the contract (a) before any increase in the rent to owner, and (b) at the HAP contract anniversary if there is a 5 percent decrease in the published Fair Market Rent in effect 60 days before the HAP contract anniversary. The Authority must maintain records to document the basis for the determination that rent to owner is a reasonable rent (initially and during the term of the HAP contract)(24 CFR sections 982.4, 982.54(d)(15), 982.158(f)(7), and 982.507). Condition: Based upon inspection of the Authority’s files, there were newly leased units for which rent reasonableness evaluations were not able to be located at the time of examination. Context: There were approximately nineteen (19) newly leased Section 8 Housing Choice Voucher units. Of a sample size of two (2) newly leased units, rent reasonableness evaluations for two (2) could not be located for review at the time of examination. Our sample size is statistically valid. Known Questioned Costs: Amount is below the threshold of $25,000. Cause: The Authority did not keep copies of completed rent reasonableness calculations in order to demonstrate compliance with with the Section 8 Housing Choice Voucher Program requirements. Effect: The Section 8 Housing Choice Vouchers program is in non-compliance with the special tests and provisions type of compliance related to reasonable rent. Recommendation: We recommend the Authority maintain hard copies of rent reasonableness calculations which will demonstrate compliance with the Uniform Guidance and the compliance supplement.

Corrective Action Plan

Views of Responsible Officials and Planned Corrective Action: The Authority contracted with an Agency which performed all rent reasonableness calculations, however, a copy of the calculations could not be located at the time of audit. The Authority has implemented a process whereby all completed rent reasonableness calculations will be stored in the related tenant file. Terrence Corriston, Executive Director, is responsible for implementing this corrective action by December 31, 2025.

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