EIN: 261173327
UEI: JA7GNGBGK8W6
Audited by: 721400461
Oversight agency: 14 [Department of Housing and Urban Development]
View federal awards & risk assessment →
Data as of September 2, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on March 27, 2026. 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 September 27, 2026 (24 days from today).
What is a management decision? →FAC accepted this audit on March 18, 2025 — management decision was due September 18, 2025.
FAC accepted this audit on April 9, 2024 — management decision was due October 9, 2024.
FAC accepted this audit on April 16, 2023 — management decision was due October 16, 2023.
Finding No. 2022-1 Criteria Management is required to maintain the project records and agreements in accordance with the Regulatory Agreement and HUD regulations. Condition Arcadia Place, Inc.?s HUD approved Management Agent?s Certification (form HUD- 9839-B) has expired as of December 31, 2022. Questioned Cost There are no questioned costs. Cause The procedures to ensure compliance with HUD regulations regarding maintaining project records and agreements in the required manner were not followed. Auditor Noncompliance Code Z - Other Effect Arcadia Place, Inc. is not in compliance with HUD regulations relating to maintaining the project records and agreements. Recommendations Management should submit a new Management Agent?s Certification to HUD for approval. Views of Responsible Officials Management agrees with the finding and will submit a new Management Agent?s Certification to HUD for approval in a timely manner.
Show full finding ▾Hide full finding ▴Finding No. 2022-1 Criteria Management is required to maintain the project records and agreements in accordance with the Regulatory Agreement and HUD regulations. Condition Arcadia Place, Inc.?s HUD approved Management Agent?s Certification (form HUD- 9839-B) has expired as of December 31, 2022. Questioned Cost There are no questioned costs. Cause The procedures to ensure compliance with HUD regulations regarding maintaining project records and agreements in the required manner were not followed. Auditor Noncompliance Code Z - Other Effect Arcadia Place, Inc. is not in compliance with HUD regulations relating to maintaining the project records and agreements. Recommendations Management should submit a new Management Agent?s Certification to HUD for approval. Views of Responsible Officials Management agrees with the finding and will submit a new Management Agent?s Certification to HUD for approval in a timely manner.
Finding Reference Number: 2022-1 Statement of Condition: Arcadia Place, Inc.?s HUD approved Management Agent?s Certification (form HUD-9839-B) has expired as of December 31, 2022. View of Responsible Officials and Corrective Actions: Management concurs with the finding and has submitted a new Management Agent Certification (form HUD-9839-B) to HUD for approval. Contact Person Responsible: Tom Farris, Director of Accounting and Finance Completion Date: February 2022, 2023
2021-001
FAC accepted this audit on July 17, 2022 — management decision was due January 17, 2023.
Finding No. 2021-1 Criteria Management is required to maintain the project records and agreements in accordance with the Regulatory Agreement and HUD regulations. Condition Arcadia Place, Inc.?s HUD approved Management Agent?s Certification (form HUD-9839-B) has expired as of December 31, 2021. Questioned Cost There are no questioned costs. Cause The procedures to ensure compliance with HUD regulations regarding maintaining project records and agreements in the required manner were not followed. Auditor Noncompliance Code Z - Other Effect Arcadia Place, Inc. is not in compliance with HUD regulations relating to maintaining the project records and agreements. Recommendations Management should submit a new Management Agent?s Certification to HUD for approval. Views of Responsible Officials Management concurs with the finding and has submitted a new Management Agent Certification (form HUD-9839-B) to HUD for approval.
Show full finding ▾Hide full finding ▴Finding No. 2021-1 Criteria Management is required to maintain the project records and agreements in accordance with the Regulatory Agreement and HUD regulations. Condition Arcadia Place, Inc.?s HUD approved Management Agent?s Certification (form HUD-9839-B) has expired as of December 31, 2021. Questioned Cost There are no questioned costs. Cause The procedures to ensure compliance with HUD regulations regarding maintaining project records and agreements in the required manner were not followed. Auditor Noncompliance Code Z - Other Effect Arcadia Place, Inc. is not in compliance with HUD regulations relating to maintaining the project records and agreements. Recommendations Management should submit a new Management Agent?s Certification to HUD for approval. Views of Responsible Officials Management concurs with the finding and has submitted a new Management Agent Certification (form HUD-9839-B) to HUD for approval.
Finding Reference Number: 2021-1 Statement of Condition: Arcadia Place, Inc.?s HUD approved Management Agent?s Certification (form HUD-9839-B) has expired as of December 31, 2021. View of Responsible Officials and Corrective Actions: Management concurs with the finding and has submitted a new Management Agent Certification (form HUD-9839-B) to HUD for approval. Contact Person Responsible: Tom Farris, Director of Accounting and Finance Completion Date: July 11, 2022
2020-002
FAC accepted this audit on June 9, 2021 — management decision was due December 9, 2021.
Replacement reserve deposits are not being made in a timely manner. Questioned Cost: $1,575 Cause: Subsidy was not paid to the Project until January 2021 due to an administrative oversight which led to the October, November and December replacement reserve deposits not being made in a timely manner. Auditor Noncompliance Code: N - Reserve for Replacements Deposits Effect: Management is not in compliance with the regulatory agreement. Recommendations: Management should institute procedures to ensure that replacement reserve deposits are made in a timely manner. Views of Responsible Officials: Management will implement procedures to ensure that replacement reserve deposits are made in a timely manner. The deposits were caught up in January 2021.
Show full finding ▾Hide full finding ▴Criteria: Under provisions of the regulatory agreement between the Corporation and HUD, the Corporation is required to make monthly deposits of $525 to a reserve for replacements account. Condition: Replacement reserve deposits are not being made in a timely manner. Questioned Cost: $1,575 Cause: Subsidy was not paid to the Project until January 2021 due to an administrative oversight which led to the October, November and December replacement reserve deposits not being made in a timely manner. Auditor Noncompliance Code: N - Reserve for Replacements Deposits Effect: Management is not in compliance with the regulatory agreement. Recommendations: Management should institute procedures to ensure that replacement reserve deposits are made in a timely manner. Views of Responsible Officials: Management will implement procedures to ensure that replacement reserve deposits are made in a timely manner. The deposits were caught up in January 2021.
Statement of Condition: Replacement reserve deposits are not being made in a timely manner. View of Responsible Officials and Corrective Actions: Management will implement procedures to ensure that replacement reserve deposits are made in a timely manner. The deposits were caught up in January 2021. Contact Person Responsible: Tom Farris, Director of Accounting and Finance Completion Date: May 6, 2021
Arcadia Place, Inc.?s HUD approved Management Agent?s Certification (form HUD-9839-B) has expired as of December 31, 2020. Questioned Cost: There are no questioned costs. Cause: The procedures to ensure compliance with HUD regulations regarding maintaining project records and agreements in the required manner were not followed. Auditor Noncompliance Code: Z - Other Effect: Arcadia Place, Inc. is not in compliance with HUD regulations relating to maintaining the project records and agreements. Recommendations: Management should submit a new Management Agent?s Certification to HUD for approval. Views of Responsible Officials: Management concurs with the finding and has submitted a new Management Agent Certification (form HUD-9839-B) to HUD for approval.
Show full finding ▾Hide full finding ▴Criteria: Management is required to maintain the project records and agreements in accordance with the Regulatory Agreement and HUD regulations. Condition: Arcadia Place, Inc.?s HUD approved Management Agent?s Certification (form HUD-9839-B) has expired as of December 31, 2020. Questioned Cost: There are no questioned costs. Cause: The procedures to ensure compliance with HUD regulations regarding maintaining project records and agreements in the required manner were not followed. Auditor Noncompliance Code: Z - Other Effect: Arcadia Place, Inc. is not in compliance with HUD regulations relating to maintaining the project records and agreements. Recommendations: Management should submit a new Management Agent?s Certification to HUD for approval. Views of Responsible Officials: Management concurs with the finding and has submitted a new Management Agent Certification (form HUD-9839-B) to HUD for approval.
Statement of Condition: Arcadia Place, Inc.?s HUD approved Management Agent?s Certification (form HUD-9839-B) has expired as of December 31, 2020. View of Responsible Officials and Corrective Actions: Management concurs with the finding and has submitted a new Management Agent Certification (form HUD-9839-B) to HUD for approval. Contact Person Responsible: Tom Farris, Director of Accounting and Finance Completion Date: May 6, 2021
FAC accepted this audit on May 11, 2020 — management decision was due November 11, 2020.
FAC accepted this audit on April 29, 2019 — management decision was due October 29, 2019.
FAC accepted this audit on June 4, 2018 — management decision was due December 4, 2018.
FAC accepted this audit on March 23, 2017 — management decision was due September 23, 2017.
Data source: This information comes from the Federal Audit Clearinghouse, the official repository of Single Audit data. All data is public domain. Verify this organization's audit history at fac.gov.
Browse other Single Audit organizations in Louisiana →
Track your findings and corrective action plans across audit cycles.
Start tracking findings →Monitor subrecipient audit findings and filing records.
Start monitoring →© 2026 Single Audit Intelligence. All data is public domain.
