EIN: 521485730
UEI: W3X9MT2DSX76
Data as of August 26, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on July 30, 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 30, 2026 (208 days ago).
What is a management decision? →As a result of not requesting a timely increase to the reserve for replacement account, the Project made unauthorized deposits to the account totaling $18,000. Cause: The Project’s reserve for replacement funds authorization form expired on April 30, 2024. An updated funds authorization form was not submitted in a timely manner and HUD’s approval was not obtained until January 8, 2025. Effect or Potential Effect: The Project overfunded the reserve for replacement account by $18,000 in the current year. Auditor Non-Compliance Code: N – Reserve for Replacements Deposits. Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor’s recommendations have been adopted. Recommendation: Management should implement procedures to ensure that the increase to the reserve for replacement account is properly applied with timely HUD authorization via form HUD-9250. Response Indicator: Agree. Completion Date: 01/08/2025 Response: Staff training has been provided to ensure the correct RR amounts are deposited and a timely increase from HUD is received. This has been included in the monthly reporting procedures.
Show full finding ▾Hide full finding ▴FINDING No. 2024-001: Section 207/223(f) Mortgage Insurance for the Refinancing of Existing Multifamily Housing Projects, ALN 14.155 Finding Resolution Status: Resolved. Information on Universe Population Size: All replacement reserve deposits for the year ended December 31, 2024. Sample Size Information: All replacement reserve deposits for the year ended December 31, 2024. Identification of Repeat Finding and Finding Reference Number: No. Criteria: In accordance with HUD, timely monthly deposits must be made to the Project’s reserve for replacement account. Statement of Condition: As a result of not requesting a timely increase to the reserve for replacement account, the Project made unauthorized deposits to the account totaling $18,000. Cause: The Project’s reserve for replacement funds authorization form expired on April 30, 2024. An updated funds authorization form was not submitted in a timely manner and HUD’s approval was not obtained until January 8, 2025. Effect or Potential Effect: The Project overfunded the reserve for replacement account by $18,000 in the current year. Auditor Non-Compliance Code: N – Reserve for Replacements Deposits. Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor’s recommendations have been adopted. Recommendation: Management should implement procedures to ensure that the increase to the reserve for replacement account is properly applied with timely HUD authorization via form HUD-9250. Response Indicator: Agree. Completion Date: 01/08/2025 Response: Staff training has been provided to ensure the correct RR amounts are deposited and a timely increase from HUD is received. This has been included in the monthly reporting procedures.
Oversight Agency for Audit, NCSC/USA Housing Development Corporation respectfully submits the following corrective action plan for the year ended December 31, 2024. Name and address of independent public accounting firm: Bellows Associates, P.A., 5401 N University Drive, Suite 201, Coral Springs, Florida 33067. Audit period: January 1, 2024 through December 31, 2024 The finding from the December 31, 2024 schedule of findings and questioned costs is discussed below. The finding is numbered consistently with the number in the schedule. SECTION III – FINDINGS AND QUESTIONED COSTS – MAJOR FEDERAL AWARD PROGRAMS AUDIT FINDING No. 2024-001: Section 207/223(f) Mortgage Insurance for the Refinancing of Existing Multifamily Housing Projects, ALN 14.155 Recommendation: Management should implement procedures to ensure that the increase to the reserve for replacement account is properly applied with timely HUD authorization via form HUD-9250. Action Taken: Staff training has been provided to ensure the correct RR amounts are deposited and a timely increase from HUD is received. This has been included in the monthly reporting procedures. If the Oversight Agency for Audit has questions regarding the plan, please call Irene Phillips at 954-835-9200. Sincerely yours, Irene Phillips, CFO
FAC accepted this audit on April 5, 2021 — management decision was due October 5, 2021.
The Project did not perform and/or maintain the initial EIVs for three tenants. The Project did not perform annual unit inspections for eight tenants due to safety precautions taken in regard to the coronavirus. Cause: The Project did not perform timely income verification nor maintain appropriate tenant eligibility documentation required by HUD. Additionally, the Project did not conduct the annual unit inspections due to the coronavirus. Effect or Potential Effect: Unable to verify initial eligibility and cost of assistance may be disallowed. Auditor Non-Compliance Code: R ? Section 8 Program Admin. Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor?s recommendation will be adopted. Recommendation: The Project should verify initial tenant income through the EIV system in a timely manner, perform annual unit inspections, and maintain all required tenant documentation. Response Indicator: Agree. Completion Date: 12/31/2021 Response: Management has addressed this matter and provided the current staff with additional HUD training inclusive of EIV reporting and the maintenance of tenant files.
Show full finding ▾Hide full finding ▴FINDING No. 2020-001: Section 8 Housing Assistance Payments Program, CFDA 14.195 Finding Resolution Status: Unresolved. Information on Universe Population Size: Ninety tenants. Sample Size Information: Ten tenants. Identification of Repeat Finding and Finding Reference Number: No. Criteria: HUD regulation requires all tenants to have their initial income verified through the use of Enterprise Income Verification (EIV) reports and annual unit inspections performed in a timely manner with the corresponding documentation maintained. Statement of Condition: The Project did not perform and/or maintain the initial EIVs for three tenants. The Project did not perform annual unit inspections for eight tenants due to safety precautions taken in regard to the coronavirus. Cause: The Project did not perform timely income verification nor maintain appropriate tenant eligibility documentation required by HUD. Additionally, the Project did not conduct the annual unit inspections due to the coronavirus. Effect or Potential Effect: Unable to verify initial eligibility and cost of assistance may be disallowed. Auditor Non-Compliance Code: R ? Section 8 Program Admin. Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor?s recommendation will be adopted. Recommendation: The Project should verify initial tenant income through the EIV system in a timely manner, perform annual unit inspections, and maintain all required tenant documentation. Response Indicator: Agree. Completion Date: 12/31/2021 Response: Management has addressed this matter and provided the current staff with additional HUD training inclusive of EIV reporting and the maintenance of tenant files.
Oversight Agency for Audit, NCSC/USA Housing Development Corporation, operating as Steelworkers Tower, respectfully submits the following corrective action plan for the year ended December 31, 2020. Name and address of independent public accounting firm: Bellows Associates, P.A., 5401 N University Drive, Suite 201, Coral Springs, Florida 33067. Audit period: January 1, 2020 through December 31, 2020 The findings from the December 31, 2020 schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the numbers in the schedule. FINDINGS AND QUESTIONED COSTS ? MAJOR FEDERAL AWARD PROGRAMS AUDIT FINDING No. 2020-001: Section 8 Housing Assistance Payments Program, CFDA 14.195 Recommendation: The Project should verify initial tenant income through the EIV system in a timely manner, perform annual unit inspections, and maintain all required tenant documentation. Action Taken: Management has addressed this matter and provided the current staff with additional HUD training inclusive of EIV reporting and the maintenance of tenant files. If the Oversight Agency for Audit has questions regarding the plan, please call Christine Harris at 954-835-9200. Sincerely yours, Christine Harris Assistant to VP of Finance and Accounting
The Project underfunded the account by $240. Cause: The increase in funding was not implemented. Effect or Potential Effect: Deficiently funded reserve for replacements. Auditor Non-Compliance Code: N ? Reserve for Replacements Deposits. Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor?s recommendation will be adopted. Recommendation: Management should implement procedures to ensure the correct amount is deposited into the replacement reserve account each month. Response Indicator: Agree. Completion Date: 4/1/2021 Response: The former manager did not submit a 9250 requesting an increase to the monthly funding. Current staff submitted said request on 2.26.21 and we are awaiting approval from HUD.
Show full finding ▾Hide full finding ▴FINDING No. 2020-002: Section 207/223(f) Mortgage Insurance for the Refinancing of Existing Multifamily Housing Projects, CFDA 14.155 Finding Resolution Status: Unresolved. Information on Universe Population Size: All replacement reserve deposits for the year ended December 31, 2020. Sample Size Information: Required replacement reserve deposits for the year ended December 31, 2020. Identification of Repeat Finding and Finding Reference Number: No. Criteria: In accordance with HUD, required monthly deposits must be made to the Project?s reserve for replacement account. Statement of Condition: The Project underfunded the account by $240. Cause: The increase in funding was not implemented. Effect or Potential Effect: Deficiently funded reserve for replacements. Auditor Non-Compliance Code: N ? Reserve for Replacements Deposits. Reporting Views of Responsible Officials: The Project agrees with the finding and the auditor?s recommendation will be adopted. Recommendation: Management should implement procedures to ensure the correct amount is deposited into the replacement reserve account each month. Response Indicator: Agree. Completion Date: 4/1/2021 Response: The former manager did not submit a 9250 requesting an increase to the monthly funding. Current staff submitted said request on 2.26.21 and we are awaiting approval from HUD.
Oversight Agency for Audit, NCSC/USA Housing Development Corporation, operating as Steelworkers Tower, respectfully submits the following corrective action plan for the year ended December 31, 2020. Name and address of independent public accounting firm: Bellows Associates, P.A., 5401 N University Drive, Suite 201, Coral Springs, Florida 33067. Audit period: January 1, 2020 through December 31, 2020 The findings from the December 31, 2020 schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the numbers in the schedule. FINDINGS AND QUESTIONED COSTS ? MAJOR FEDERAL AWARD PROGRAMS AUDIT FINDING No. 2020-002: Section 207/223(f) Mortgage Insurance for the Refinancing of Existing Multifamily Housing Projects, CFDA 14.155 Recommendation: Management should implement procedures to ensure the correct amount is deposited into the replacement reserve account each month. Action Taken: The former manager did not submit a 9250 requesting an increase to the monthly funding. Current staff submitted said request on 2.26.21 and we are awaiting approval from HUD. If the Oversight Agency for Audit has questions regarding the plan, please call Christine Harris at 954-835-9200. Sincerely yours, Christine Harris Assistant to VP of Finance and Accounting
FAC accepted this audit on April 9, 2019 — management decision was due October 9, 2019.
GSA_MIGRATION
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GSA_MIGRATION
2017-001
FAC accepted this audit on August 22, 2018 — management decision was due February 22, 2019.
GSA_MIGRATION
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GSA_MIGRATION
FAC accepted this audit on April 5, 2017 — management decision was due October 5, 2017.
GSA_MIGRATION
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GSA_MIGRATION
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