EIN: 311319183
UEI: FPNRDCLFKM36
Data as of August 20, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on May 31, 2023. 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 December 1, 2023, which was (993 days ago).
What is a management decision? →Title and CFDA Number of Federal Program - 14.157 - U.S. Department of Housing and Urban Development: Supportive Housing for the Elderly (Section 202) Finding Resolution Status - In Process Information on Universe and Population Size - Tenant move-ins during 2022. Tenant move-ins totaled six for 2022. Sample Size Information - 10% of tenant move-ins was selected for testing. A sample of two tenant move-ins were selected for testing. Identification of Repeat Finding and Finding Reference Number - N/A Criteria - Enterprise Income Verification (EIV) Tenant Income Reports are required to be run within 90 days after the move-in information is transmitted to TRACS to confirm/validate the background history and income reported by the household. Statement of Condition - During testing of eligibility, it was noted that the Corporation did not run the income report for one tenant in a timely manner as part of the Enterprise Income Verification requirement. Cause - The Corporation did not comply with HUD's EIV compliance requirements under HUD Handbook 4350.3. Effect or Potential Effect - Income of one tenant moving into the property was not confirmed/validated using EIV reports in a timely manner. Auditor Noncompliance Code - S - Internal control deficiency Reporting Views of Responsible Officials - The Corporation agrees with the finding as reported. Context - During testing of compliance with eligibility regulations, one instance of noncompliance was noted out of a sample of two tenant files. Recommendation - The Corporation should implement internal controls to ensure compliance with HUD move-in and EIV report guidelines. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations - Management believes adequate controls are in place to ensure substantial compliance. Training on move-in and EIV procedures is provided annually. Corrective action to be taken when staff do not comply with move-in and EIV procedures. Response Indicator - Agree Completion Date - December 31, 2023 Response - The Corporation was not in compliance with move-in and EIV guidelines as of December 31, 2022, and management will follow HUD's guidelines regarding income verification.
1. Comments on Findings and Recommendation Management acknowledges failure to comply with timely EIV Master File Reports required to be completed as part of tenant move in certification process and EIV Master File process. 2. Actions Taken or Planned The Corporation will regularly monitor and reconcile the creation and retention of background checks and Income reports as part of the move in process. Additional training was provided and corrective action was taken. Management is reviewing and revising the EIV policy. 3. Status of Corrective Actions on Prior Findings The Corporation did not remediate the prior year finding for failure to comply with timely EIV Income Reports.
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on March 30, 2021. 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 30, 2021, which was (1785 days ago).
What is a management decision? →2020 001 Finding Type: Immaterial noncompliance with major program requirements Significant deficiency in internal control over compliance Title and CFDA Number of Federal Program: 14.155 U.S. Department of Housing and Urban Development Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Projects (Section 207/223(f)) Finding Resolution Status: In Process Information on Universe and Population Size: Tenant move ins occurring during the year ended December 31, 2020. Tenant move ins totaled five for the year ended December 31, 2020. Sample Size Information: 10% or two, whatever is lower, of tenant move ins were selected for testing. A sample of two tenant move ins were selected for testing. Identification of Repeat Finding and Finding Reference Number: 2019 001 Criteria: Enterprise Income Verification (EIV) tenant income reports are required to be run within 90 days after the move in information is transmitted to TRACS to confirm/validate the background history and income reported by the household. . Statement of Condition: During testing of eligibility, it was noted that the Corporation did not run the tenant income reports as a part of the Enterprise Income Verification (EIV) requirement for one of the tenants tested within the 90 day period. Cause: The Corporation failed to monitor the deposit refund requirements for the security deposits as specified by the regulatory agreement. Effect or Potential Effect: The Corporation did not comply with HUD's requirements related to HUD Handbook 4350.3. Auditor Noncompliance Code: S Internal Control Deficiency Reporting Views of Responsible Officials: The Corporation agrees with the findings as reported. Context: During testing of compliance with eligibility regulations, one instance of noncompliance was noted out of a sample of two tenant files. Recommendation: The Corporation should implement internal controls to ensure compliance with HUD move in and EIV report guidelines Auditor's Summary of the Auditee's Comments on the Findings and Recommendations: Management believes adequate controls are in place to ensure substantial compliance. Training on move in and EIV procedures is provided annually. Corrective action to be taken when staff do not comply with move in and EIV procedures Response Indicator Agree Completion Date: December 31, 2020 Response: The Corporation was not in compliance with move in and EIV guidelines as of December 31, 2019 and management will follow HUD's guidelines regarding existing tenant searches and initiation of Master File reports by using EIV system in future periods.
Finding Number: 2020-001 Condition: HUD guidelines regarding the EIV system were not followed and the EIV system reports were not utilized timely during 2020. Planned Corrective Action: Management has implemented guidelines and trainings surrounding the use of the EIV system. Management will continue to monitor the appropriate use of the EIV system. Contact person responsible for corrective action: Julie Reed, Housing Accounting Manager Anticipated Completion Date: December 31, 2021
2019-001
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on August 9, 2020. 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 February 9, 2021, which was (2018 days ago).
What is a management decision? →2019 001 Finding Type: Immaterial noncompliance with major program requirements Significant deficiency in internal control over compliance Title and CFDA Number of Federal Program 14.155 U.S. Department of Housing and Urban Development Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Projects (Section 207/223(f)) Finding Resolution Status In progress Information on Universe and Population Size Tenant move ins occurring during the year ended December 31, 2019. Tenant move ins totaled three for the year ended December 31, 2019. Sample Size Information 10% or two, whatever is lower, of tenant move ins were selected for testing. A sample of two tenant move ins were selected for testing. Criteria Enterprise Income Verification (EIV) tenant income reports are required to be run within 90 days after the move in information is transmitted to TRACS to confirm/validate the background history and income reported by the household. Statement of Condition During testing of eligibility, it was noted that the Corporation did not run the tenant income reports as a part of the Enterprise Income Verification (EIV) requirement for one of the tenants tested within the 90 day period. Cause The Corporation did not comply with HUD's requirements related to HUD Handbook 4350.3. Effect or Potential Effect Tenants could be misrepresenting their income to the Corporation and not be detected due to not running and following up on the EIV reports. 2019 001 (Cont'd) Auditor Noncompliance Code S Internal control deficiency Reporting Views of Responsible Officials The Corporation agrees with the findings as reported. Context During testing of compliance with eligibility regulations, one instance of noncompliance was noted out of a sample of two tenant files. Recommendation The Corporation should implement internal controls to ensure compliance with HUD move in and EIV report guidelines. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations Management believes adequate controls are in place to ensure substantial compliance. Training on move in and EIV procedures is provided annually. Corrective action to be taken when staff do not comply with move in and EIV procedures. Response Indicator Agree Completion Date December 31, 2019 Response The Corporation was not in compliance with move in and EIV guidelines as of December 31, 2019, and management will follow HUD's guidelines regarding income reports and follow up on exceptions noted during Master File reports.
1. Comments on Findings and Recommendation Management acknowledges failure to comply with timely EIV income reports and following up on Master File Report exceptions. 2. Actions Taken or Planned The Corporation will regularly monitor Income reports and EIV Master File reports. Additional training will be provided and corrective action will be taken. Management is reviewing and revising the EIV policy. 3. Status of Corrective Actions on Prior Findings The corporation did not correct the deficiences in 2019
2018-001
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on March 30, 2019. 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 30, 2019, which was (2516 days ago).
What is a management decision? →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.
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