EIN: 364569310
UEI: EE18X3G5ADN3
Data as of August 22, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on July 28, 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 January 28, 2026 (207 days ago).
What is a management decision? →Criteria Management is responsible for adhering to the EIV Rules of Behavior in accordance with Section 4.1.1 of the EIV Multifamily Program User Manual and HUD Notice H 2020-10. Condition During the procedures applied to a sample of three tenant lease files, we noted the following instances of noncompliance with HUD regulations regarding dissemination of Electronic Income Verification (EIV) information. Cause Management company employees failed to follow the policies and procedures which have been established for proper dissemination of EIV information in accordance with HUD guidelines and management policies. Effect or Potential Effect Noncompliance with HUD guidelines could result in tenant personal information being disseminated to unauthorized individuals. Questioned Costs None Context Two instances where EIV information was provided in electronic format to the independent public accountant were noted. These instances were not part of a statistical sample. Identification as a Repeat Finding This finding is not a repeat finding
Show full finding ▾Hide full finding ▴Criteria Management is responsible for adhering to the EIV Rules of Behavior in accordance with Section 4.1.1 of the EIV Multifamily Program User Manual and HUD Notice H 2020-10. Condition During the procedures applied to a sample of three tenant lease files, we noted the following instances of noncompliance with HUD regulations regarding dissemination of Electronic Income Verification (EIV) information. Cause Management company employees failed to follow the policies and procedures which have been established for proper dissemination of EIV information in accordance with HUD guidelines and management policies. Effect or Potential Effect Noncompliance with HUD guidelines could result in tenant personal information being disseminated to unauthorized individuals. Questioned Costs None Context Two instances where EIV information was provided in electronic format to the independent public accountant were noted. These instances were not part of a statistical sample. Identification as a Repeat Finding This finding is not a repeat finding
Recommendation Management should establish additional procedures and monitor compliance with those procedures to ensure proper dissemination of EIV information in accordance with guidelines specified by HUD. Finding Resolution Status: Resolved Views of Responsible Officials Management agrees with the finding and recommendation and will remind staff of the proper procedures for dissemination of EIV information.
Criteria In accordance with HUD program guidelines under which the Project operates, the tenant income verification is required to be completed in the EIV system within 90 days of the tenant being entered into the HUD TRACS system. Condition Income verification was not performed within the required 90 days of the tenant being entered into the HUD TRACS system. Cause Management's policies with respect to timing of income verifications were not consistently followed and personnel responsible for tenant certifications failed to complete the required certifications within 90 days of the tenant being entered into the HUD TRACS system. Effect or Potential Effect Noncompliance with HUD guidelines could result in units being rented to ineligible tenants or errors in the rent subsidies paid by HUD. Questioned Costs None Context In connection with lease file testing, we noted one instance where the income verification was not performed within the required 90 days of the tenant being entered into the HUD TRACS system. Identification as a Repeat Finding This finding is not a repeat finding.
Show full finding ▾Hide full finding ▴Criteria In accordance with HUD program guidelines under which the Project operates, the tenant income verification is required to be completed in the EIV system within 90 days of the tenant being entered into the HUD TRACS system. Condition Income verification was not performed within the required 90 days of the tenant being entered into the HUD TRACS system. Cause Management's policies with respect to timing of income verifications were not consistently followed and personnel responsible for tenant certifications failed to complete the required certifications within 90 days of the tenant being entered into the HUD TRACS system. Effect or Potential Effect Noncompliance with HUD guidelines could result in units being rented to ineligible tenants or errors in the rent subsidies paid by HUD. Questioned Costs None Context In connection with lease file testing, we noted one instance where the income verification was not performed within the required 90 days of the tenant being entered into the HUD TRACS system. Identification as a Repeat Finding This finding is not a repeat finding.
Recommendation Management should enhance and strengthen procedures to ensure tenant income certifications are completed within 90 days of the tenant being entered into the HUD TRACS system. Finding Resolution Status: Resolved Views of Responsible Officials Management agrees with the finding and recommendation and will ensure timely income verifications going forward.
FAC accepted this audit on December 13, 2021 — management decision was due June 13, 2022.
Statement of Condition During the year ended March 31, 2021, the Project paid expenses in the amount of $3,261 on behalf of an affiliate from project cash without HUD approval. The amount due to the Project as of March 31, 2021 is $3,261.Loans are not permitted to be made from Project cash without prior authorization from HUD. Questioned Costs $3,261 Cause Procedures were not in place to ensure that cash disbursements of Project funds were limited to Project operating costs. Effect The payments of $3,261 were unauthorized loans and therefore considered to be questioned costs. Recommendation Management should immediately reimburse the amount due to the Project and establish procedures to ensure payments of this nature are not made in the future. Auditor Noncompliance Code: G - Unauthorized loans from project assets Finding Resolution Status: Resolved Views of Responsible Officials and Planned Corrective Actions: The Organization agrees with the finding and the auditor's recommendation has been adopted.
Show full finding ▾Hide full finding ▴Statement of Condition During the year ended March 31, 2021, the Project paid expenses in the amount of $3,261 on behalf of an affiliate from project cash without HUD approval. The amount due to the Project as of March 31, 2021 is $3,261.Loans are not permitted to be made from Project cash without prior authorization from HUD. Questioned Costs $3,261 Cause Procedures were not in place to ensure that cash disbursements of Project funds were limited to Project operating costs. Effect The payments of $3,261 were unauthorized loans and therefore considered to be questioned costs. Recommendation Management should immediately reimburse the amount due to the Project and establish procedures to ensure payments of this nature are not made in the future. Auditor Noncompliance Code: G - Unauthorized loans from project assets Finding Resolution Status: Resolved Views of Responsible Officials and Planned Corrective Actions: The Organization agrees with the finding and the auditor's recommendation has been adopted.
A. Current Findings on the Schedule of Findings and Questioned Costs 1. Finding 2021-001 a. Comments on the Finding and Each Recommendation We acknowledge that the payroll allocation between Homes for Laurel I, Inc. and Homes for Laurel II, Inc. was done incorrectly and that this error was not caught and corrected in a timely manner. b. Action(s) Taken or Planned on the Finding Management has procedures in place for approving payroll, applying a default split in the payroll system to allocate payroll and for reviewing payroll variances on the budget to actual. Management will be more diligent in making sure these procedures are strictly adhered to and reviewed.
FAC accepted this audit on July 11, 2018 — management decision was due January 11, 2019.
GSA_MIGRATION
Show full finding ▾Hide full finding ▴GSA_MIGRATION
GSA_MIGRATION
2017-002
FAC accepted this audit on October 4, 2017 — management decision was due April 4, 2018.
GSA_MIGRATION
Show full finding ▾Hide full finding ▴GSA_MIGRATION
GSA_MIGRATION
GSA_MIGRATION
Show full finding ▾Hide full finding ▴GSA_MIGRATION
GSA_MIGRATION
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.
Track your findings and corrective action plans across audit cycles.
Start tracking findings →Monitor subrecipient audit findings and compliance status.
Start monitoring →© 2026 Single Audit Intelligence. All data is public domain.