EIN: 510113243
UEI: NN72MNQKJY36
Data as of August 22, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on August 22, 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 February 22, 2024 (913 days ago).
What is a management decision? →Audit procedures determined that documentation to evidence third-party verification of the value of tenants? assets, income, and deductions was not available for 5 of 20 tenant eligibility certifications selected for testing. Tenant certifications were completed using documentation provided by the tenants. The tenant files did not include documentation of attempts to obtain third-party verifications or documentation of the reason third-party verification was not available. For one tenant, there was indication of home equity line of credit with no evaluation of potential related real property assets. Criteria: 24 CFR 5.659 (d) & (e) (included below) require the project to obtain third-party verification of the value of tenants? assets, income, and deductions as part of the re-certification processes. If third-party verification is not available, the project is required to utilize alternative documentation to verify tenants? assets, income, and deductions and document the reason why third-party verification was not available. 24 CFR 5.659 (d): Owner responsibility for verification. Except as allowed under paragraph (e), the owner must obtain and document in the family file third-party verification of the following factors, or must document in the file why third-party verification was not available: (1) Reported family annual income; (2) the value of assets; (3) expenses related to deductions from annual income; and (4) other factors that affect the determination of adjusted income. 24 CFR 5.659 (e): Verification of assets. For a family with net assets equal to or less than $5,000, an owner may accept, for purposes of recertification of income, a family's declaration that it has net assets equal to or less than $5,000 without taking additional steps to verify the accuracy of the declaration, except as required in paragraph (e)(2) of this section. (1) The declaration must state the amount of income the family expects to receive from such assets; this amount must be included in the family's income. (2) An owner must obtain third-party verification of all family assets every three years.HUD Handbook 4350.3: Occupancy Requirements of Subsidized Multifamily Housing Programs - Section 5-12 Verification Requirements - Paragraph B - Timeframe for Conducting Verifications: Owners conduct verifications at the following three times: 1. Owners must verify income, assets, expenses, and deductions and all eligibility requirements prior to move-in. 2. Owners must verify each family?s income, assets, expenses, and deductions as part of the annual recertification process. Refer to Chapter 7, Section 1 for information on annual recertifications. 3. Owners must verify changes in income, allowances, or family characteristics reported between annual recertifications. Refer to Chapter 7, Section 2 for information on interim recertifications. Effect: The project did not comply with HUD?s requirement to obtain third-party verification of tenant assets, income and deductions as part of the move in certification process. Cause: Procedures in place to ensure that third-party verification was obtained prior to the tenant eligibility move in were not followed. Questioned Cost: None
Show full finding ▾Hide full finding ▴U.S. Department of Housing and Urban Development Reference Number: 2022-001 Program: Section 8 Housing Assistance Payments Program - CFDA No. 14.195 Type of Finding: Noncompliance and Internal Control; Eligibility Compliance Requirement: Eligibility Condition: Audit procedures determined that documentation to evidence third-party verification of the value of tenants? assets, income, and deductions was not available for 5 of 20 tenant eligibility certifications selected for testing. Tenant certifications were completed using documentation provided by the tenants. The tenant files did not include documentation of attempts to obtain third-party verifications or documentation of the reason third-party verification was not available. For one tenant, there was indication of home equity line of credit with no evaluation of potential related real property assets. Criteria: 24 CFR 5.659 (d) & (e) (included below) require the project to obtain third-party verification of the value of tenants? assets, income, and deductions as part of the re-certification processes. If third-party verification is not available, the project is required to utilize alternative documentation to verify tenants? assets, income, and deductions and document the reason why third-party verification was not available. 24 CFR 5.659 (d): Owner responsibility for verification. Except as allowed under paragraph (e), the owner must obtain and document in the family file third-party verification of the following factors, or must document in the file why third-party verification was not available: (1) Reported family annual income; (2) the value of assets; (3) expenses related to deductions from annual income; and (4) other factors that affect the determination of adjusted income. 24 CFR 5.659 (e): Verification of assets. For a family with net assets equal to or less than $5,000, an owner may accept, for purposes of recertification of income, a family's declaration that it has net assets equal to or less than $5,000 without taking additional steps to verify the accuracy of the declaration, except as required in paragraph (e)(2) of this section. (1) The declaration must state the amount of income the family expects to receive from such assets; this amount must be included in the family's income. (2) An owner must obtain third-party verification of all family assets every three years.HUD Handbook 4350.3: Occupancy Requirements of Subsidized Multifamily Housing Programs - Section 5-12 Verification Requirements - Paragraph B - Timeframe for Conducting Verifications: Owners conduct verifications at the following three times: 1. Owners must verify income, assets, expenses, and deductions and all eligibility requirements prior to move-in. 2. Owners must verify each family?s income, assets, expenses, and deductions as part of the annual recertification process. Refer to Chapter 7, Section 1 for information on annual recertifications. 3. Owners must verify changes in income, allowances, or family characteristics reported between annual recertifications. Refer to Chapter 7, Section 2 for information on interim recertifications. Effect: The project did not comply with HUD?s requirement to obtain third-party verification of tenant assets, income and deductions as part of the move in certification process. Cause: Procedures in place to ensure that third-party verification was obtained prior to the tenant eligibility move in were not followed. Questioned Cost: None
Ingleside Homes, Inc.?s responsible staff will properly verify all income, assets, and deductions. The responsible staff will document attempts to obtain third-party verification and keep this record in the resident?s file. Responsible Person(s): Facility HUD Bookkeeper Anticipated Completion Date: Completion of the documented attempts for third-party verification for the 5 residents noted in the finding will be accomplished by April 30, 2023.
FAC accepted this audit on July 14, 2022 — management decision was due January 14, 2023.
Audit procedures determined that documentation to evidence third-party verification of the value of tenants? assets, income, and deductions was not available for 11 of 23 tenant eligibility certifications selected for testing. All 11 exceptions were tenant move-ins. Tenant initial certifications were completed using documentation provided by the tenants. The tenant files did not include documentation of attempts to obtain third-patty verifications or documentation of the reason third-party verification was not available. Criteria: 24 CFR 5.659 (d) & (e) (included below) require the project to obtain third-party verification of the value of tenants? assets, income, and deductions as part of the move in certification processes. If third-party verification is not available, the project is required to utilize alternative documentation to verify tenants? assets, income, and deductions and document the reason why third-party verification was not available. 24 CFR 5.659 (d): Owner responsibility for verification. Except as allowed under paragraph (e), the owner must obtain and document in the family file third-party verification of the following factors, or must document in the file why third-party verification was not available: (1) Reported family annual income; (2) the value of assets; (3) expenses related to deductions from annual income; and (4) other factors that affect the determination of adjusted income. 24 CFR 5.659 (e): Verification of assets. For a family with net assets equal to or less than $5,000, an owner may accept, for purposes of recertification of income, a family's declaration that it has net assets equal to or less than $5,000 without taking additional steps to verify the accuracy of the declaration, except as required in paragraph (e)(2) of this section. (1) The declaration must state the amount of income the family expects to receive from such assets; this amount must be included in the family's income. (2) An owner must obtain third-party verification of all family assets every 3 years. HUD Handbook 4350.3: Occupancy Requirements of Subsidized Multifamily Housing Programs - Section 5-12 Verification Requirements - Paragraph B - Timeframe for Conducting Verifications: Owners conduct verifications at the following three times. 1. Owners must verify income, assets, expenses, and deductions and all eligibility requirements prior to move-in. 2. Owners must verify each family?s income, assets, expenses, and deductions as part of the annual recertification process. Refer to Chapter 7, Section 1 for information on annual recertifications. 3. Owners must verify changes in income, allowances, or family characteristics reported between annual recertifications. Refer to Chapter 7, Section 2 for information on interim recertifications. Effect: The project did not comply with HUD?s requirement to obtain third-party verification of tenant assets, income and deductions as part of the move in certification process. Cause: Procedures in place to ensure that third-party verification was obtained prior to the tenant eligibility move in were not followed. Questioned Cost: None Auditors? Recommendation: The individuals responsible for processing tenant eligibility certifications should be reminded of the procedures in place to ensure that the appropriate tenant eligibility certifications are completed in a timely manner. Procedures should be put in place to document the use of tenant provided documentation for the initial move-in certification and then complete the HUD required third-party verifications after move-in.
Show full finding ▾Hide full finding ▴U.S. Department of Housing and Urban Development Reference Number: 2021-001 Program: Section 8 Housing Assistance Payments Program - CFDA No. 14.195 Type of Finding: Noncompliance and Internal Control; Eligibility Compliance Requirement: Eligibility Condition: Audit procedures determined that documentation to evidence third-party verification of the value of tenants? assets, income, and deductions was not available for 11 of 23 tenant eligibility certifications selected for testing. All 11 exceptions were tenant move-ins. Tenant initial certifications were completed using documentation provided by the tenants. The tenant files did not include documentation of attempts to obtain third-patty verifications or documentation of the reason third-party verification was not available. Criteria: 24 CFR 5.659 (d) & (e) (included below) require the project to obtain third-party verification of the value of tenants? assets, income, and deductions as part of the move in certification processes. If third-party verification is not available, the project is required to utilize alternative documentation to verify tenants? assets, income, and deductions and document the reason why third-party verification was not available. 24 CFR 5.659 (d): Owner responsibility for verification. Except as allowed under paragraph (e), the owner must obtain and document in the family file third-party verification of the following factors, or must document in the file why third-party verification was not available: (1) Reported family annual income; (2) the value of assets; (3) expenses related to deductions from annual income; and (4) other factors that affect the determination of adjusted income. 24 CFR 5.659 (e): Verification of assets. For a family with net assets equal to or less than $5,000, an owner may accept, for purposes of recertification of income, a family's declaration that it has net assets equal to or less than $5,000 without taking additional steps to verify the accuracy of the declaration, except as required in paragraph (e)(2) of this section. (1) The declaration must state the amount of income the family expects to receive from such assets; this amount must be included in the family's income. (2) An owner must obtain third-party verification of all family assets every 3 years. HUD Handbook 4350.3: Occupancy Requirements of Subsidized Multifamily Housing Programs - Section 5-12 Verification Requirements - Paragraph B - Timeframe for Conducting Verifications: Owners conduct verifications at the following three times. 1. Owners must verify income, assets, expenses, and deductions and all eligibility requirements prior to move-in. 2. Owners must verify each family?s income, assets, expenses, and deductions as part of the annual recertification process. Refer to Chapter 7, Section 1 for information on annual recertifications. 3. Owners must verify changes in income, allowances, or family characteristics reported between annual recertifications. Refer to Chapter 7, Section 2 for information on interim recertifications. Effect: The project did not comply with HUD?s requirement to obtain third-party verification of tenant assets, income and deductions as part of the move in certification process. Cause: Procedures in place to ensure that third-party verification was obtained prior to the tenant eligibility move in were not followed. Questioned Cost: None Auditors? Recommendation: The individuals responsible for processing tenant eligibility certifications should be reminded of the procedures in place to ensure that the appropriate tenant eligibility certifications are completed in a timely manner. Procedures should be put in place to document the use of tenant provided documentation for the initial move-in certification and then complete the HUD required third-party verifications after move-in.
Ingleside Homes, Inc.?s responsible staff will properly verify all income, assets, and deductions. The responsible staff will document attempts to obtain third-party verification and keep this record in the resident?s file. Responsible Person(s): Facility HUD Bookkeeper Anticipated Completion Date: Completion of the documented attempts for third-party verification for the 11 residents noted in the finding will be accomplished by April 30, 2022
FAC accepted this audit on June 18, 2020 — management decision was due December 18, 2020.
Audit procedures determined that documentation to evidence third-party verification of the value of tenants? assets, income, and deductions was not available for 3 of 32 tenant eligibility certifications (move in and recertifications) selected for testing. Criteria: 24 CFR 5.659 (d) & (e), requires the project to obtain third-party verification of the value of tenants? assets, income, and deductions as part of the move in and annual certification processes. If third-party verification is not available, the project is required to utilize alternative documentation to verify tenants? assets, income, and deductions and document the reason why third-party verification was not available. Per - 24 CFR 5.659, the owner must obtain and document in the family file third-party verification of the following factors, or must document in the file why third-party verification was not available: (1) Reported family annual income; (2) The value of assets; (3) Expenses related to deductions from annual income; and (4) Other factors that affect the determination of adjusted income. For a family with net assets equal to or less than $5,000, an owner may accept, for purposes of recertification of income, a family's declaration that it has net assets equal to or less than $5,000 without taking additional steps to verify the accuracy of the declaration, except an owner must obtain third-party verification of all family assets every 3 years. Effect: The project did not comply with HUD?s requirement to obtain third-party verification of tenant assets. Cause: Procedures in place to ensure that third-party verification was obtained prior to the tenant eligibility recertification were not followed. Questioned Cost: None Auditors? Recommendation: The individuals responsible for processing tenant eligibility recertification should be reminded of the procedures in place to ensure that the appropriate tenant eligibility recertification procedures are completed in a timely manner.
Show full finding ▾Hide full finding ▴U.S. Department of Housing and Urban Development Reference Number: 2019-001 Program: Section 8 Housing Assistance Payments Program - CFDA No. 14.195 Type of Finding: Noncompliance; Eligibility; Compliance Requirement: Eligibility Condition: Audit procedures determined that documentation to evidence third-party verification of the value of tenants? assets, income, and deductions was not available for 3 of 32 tenant eligibility certifications (move in and recertifications) selected for testing. Criteria: 24 CFR 5.659 (d) & (e), requires the project to obtain third-party verification of the value of tenants? assets, income, and deductions as part of the move in and annual certification processes. If third-party verification is not available, the project is required to utilize alternative documentation to verify tenants? assets, income, and deductions and document the reason why third-party verification was not available. Per - 24 CFR 5.659, the owner must obtain and document in the family file third-party verification of the following factors, or must document in the file why third-party verification was not available: (1) Reported family annual income; (2) The value of assets; (3) Expenses related to deductions from annual income; and (4) Other factors that affect the determination of adjusted income. For a family with net assets equal to or less than $5,000, an owner may accept, for purposes of recertification of income, a family's declaration that it has net assets equal to or less than $5,000 without taking additional steps to verify the accuracy of the declaration, except an owner must obtain third-party verification of all family assets every 3 years. Effect: The project did not comply with HUD?s requirement to obtain third-party verification of tenant assets. Cause: Procedures in place to ensure that third-party verification was obtained prior to the tenant eligibility recertification were not followed. Questioned Cost: None Auditors? Recommendation: The individuals responsible for processing tenant eligibility recertification should be reminded of the procedures in place to ensure that the appropriate tenant eligibility recertification procedures are completed in a timely manner.
Finding 2019-001 Planned Corrective Action: Ingleside Homes, Inc.?s responsible staff will properly verify all income, assets, and deductions. The responsible staff will document attempts to obtain third-party verification and keep this record in the resident?s file. Responsible Person(s): Facility HUD Bookkeeper Anticipated Completion Date: Completion of the documented attempts for third-party verification for the 3 residents noted in the finding will be accomplished by March 31, 2020.
2018-001
FAC accepted this audit on April 7, 2019 — management decision was due October 7, 2019.
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