EIN: 412014909
UEI: KZQEU9M3LZ28
Audited by: Baker Tilly
Oversight agency: 14 [Department of Housing and Urban Development]
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Data as of September 2, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on April 29, 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 October 29, 2026 (53 days from today).
What is a management decision? →FAC accepted this audit on March 28, 2025 — management decision was due September 28, 2025.
The Project did not make adequate monthly deposits to the replacement reserve during the year. Criteria: The Project makes deposits to the replacement reserve in a manner consistent with the regulatory agreement as prescribed by HUD as well as any additional communications from HUD. Cause: The internal controls over restricted cash were not sufficient to ensure deposits for the replacement reserve were deposited in the appropriate amount. Effect: The Partnership did not deposit $2,013 of required deposits to the replacement reserve.
Show full finding ▾Hide full finding ▴Finding 2024-001: Delinquent deposits Program: Mortgage Insurance: Rental and Cooperative Housing for Moderate Income Families and Elderly, Market Interest Rate ALN Number: 14.135 Federal Agency: United States Department of Housing and Urban Development (HUD) Pass-Through Entity: Not Applicable Federal Award Identification Number: HUD Project No. 092-35746 Federal Award Year: December 31, 2024 Condition: The Project did not make adequate monthly deposits to the replacement reserve during the year. Criteria: The Project makes deposits to the replacement reserve in a manner consistent with the regulatory agreement as prescribed by HUD as well as any additional communications from HUD. Cause: The internal controls over restricted cash were not sufficient to ensure deposits for the replacement reserve were deposited in the appropriate amount. Effect: The Partnership did not deposit $2,013 of required deposits to the replacement reserve.
Auditee's Response to Finding: Management concurs with the finding. Recommendations: Management should implement internal controls over restricted cash that are sufficient to ensure deposits for replacement reserve are deposited in the appropriate amount. Management Comments: Management concurs with the finding and the recommendation. Completion Date: In progress
FAC accepted this audit on May 21, 2024 — management decision was due November 21, 2024.
FAC accepted this audit on April 27, 2023 — management decision was due October 27, 2023.
FAC accepted this audit on May 10, 2022 — management decision was due November 10, 2022.
FAC accepted this audit on April 6, 2021 — management decision was due October 6, 2021.
FAC accepted this audit on April 27, 2020 — management decision was due October 27, 2020.
FAC accepted this audit on April 18, 2019 — management decision was due October 18, 2019.
GSA_MIGRATION
Show full finding ▾Hide full finding ▴FAC accepted this audit on March 25, 2019 — management decision was due September 25, 2019.
FAC accepted this audit on April 27, 2017 — management decision was due October 27, 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.
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