EIN: 522151252
UEI: ZREYWG5H48M5
Audited by: Matthews Carter and Boyce, P.C.
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 March 31, 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 1, 2026 (25 days from today).
What is a management decision? →Finding Number 20255001 Federal Program 14.181 Supportve Housig for Persons with Disabilities: Capital Advance Program Type of Finding: Federal Award Finding Finding Resolution Resolved Condition The required deposits to the reserve for replacement account were not timely paid during the year ended June 30, 2024. Criteria The Regulatory Agreement requires monthly deposits to the reserve for replacement account. Effect: A required deposit to the reserve for replacement account was not paid. Cause: the required monthly deposit for one month was not deposited. Non-cmpliance code: N Questined Costs: $375. Repeat Finding: repeat finding of 2024-01 - the required deposit to the reserve for replacement account were not timely paid during the year ended JUne 30, 2024. Recommendation: the Entity should pay the required deposit. Due to a temporary lack of funds in Castleton Homes, Inc.'s operating account, we were unable to make the required deposit to the reserve account. At that time, we were in the process of securing a loan from the reserve account to support our ongoing operating activities. On September 18, 2025, the $375 deposit was paid to the reserve for replacement account.
Show full finding ▾Hide full finding ▴Finding Number 20255001 Federal Program 14.181 Supportve Housig for Persons with Disabilities: Capital Advance Program Type of Finding: Federal Award Finding Finding Resolution Resolved Condition The required deposits to the reserve for replacement account were not timely paid during the year ended June 30, 2024. Criteria The Regulatory Agreement requires monthly deposits to the reserve for replacement account. Effect: A required deposit to the reserve for replacement account was not paid. Cause: the required monthly deposit for one month was not deposited. Non-cmpliance code: N Questined Costs: $375. Repeat Finding: repeat finding of 2024-01 - the required deposit to the reserve for replacement account were not timely paid during the year ended JUne 30, 2024. Recommendation: the Entity should pay the required deposit. Due to a temporary lack of funds in Castleton Homes, Inc.'s operating account, we were unable to make the required deposit to the reserve account. At that time, we were in the process of securing a loan from the reserve account to support our ongoing operating activities. On September 18, 2025, the $375 deposit was paid to the reserve for replacement account.
On September 18, 2025, the $375 deposit was paid to the reserve for replacement account.
2024-001
A required deposit to the security deposit account was not timely paid during the year ended June 30, 2025 causing the amount on deposit to be less than the obligations under the security deposit account. Criteria: The Owner’s procedures for the establishment and maintenance of the security deposit account as noted in HUD Handbook 4370.2, chapter 2, require that security deposits be collected at the time of the initial lease and be deposited promptly into the security deposit account and that the amount on deposit be at least equal to the security deposit obligations. Effect: The amount on deposit in the security deposit account was less than the outstanding obligations under the security deposit account. Cause: The security deposit for one tenant was not timely deposited to the security deposit account. Non-compliance code: M, Questioned Costs: $1,125, Recommendation: The Entity should pay the required deposit to the security deposit account. Auditors’ summary: The Entity should pay the required deposit to the security deposit account. View of Responsible Officials and Context: There were corrections to the tenant’s move-in certification that caused the security deposit not to be collected at the time of the initial lease and deposited timely to the security deposit account. There was a temporary lack of funds in Castleton Homes, Inc.'s operating account, we were unable to make the required deposit to the security deposit account. At that time, we were in the process of securing a loan from the reserve account to support our ongoing operating activities. Response Indicator: A Completion Date: 9/8/2025, Response: On September 8, 2025, the $1,125 deposit was paid to the security deposit account. Contact Person: Ms. Donna Marie Coe
Show full finding ▾Hide full finding ▴Federal Program: 14.181 Supportive Housing for Persons with Disabilities: Capital Advance Program, Type of Finding: Federal Award Finding, Finding Resolution: Resolved, Condition: A required deposit to the security deposit account was not timely paid during the year ended June 30, 2025 causing the amount on deposit to be less than the obligations under the security deposit account. Criteria: The Owner’s procedures for the establishment and maintenance of the security deposit account as noted in HUD Handbook 4370.2, chapter 2, require that security deposits be collected at the time of the initial lease and be deposited promptly into the security deposit account and that the amount on deposit be at least equal to the security deposit obligations. Effect: The amount on deposit in the security deposit account was less than the outstanding obligations under the security deposit account. Cause: The security deposit for one tenant was not timely deposited to the security deposit account. Non-compliance code: M, Questioned Costs: $1,125, Recommendation: The Entity should pay the required deposit to the security deposit account. Auditors’ summary: The Entity should pay the required deposit to the security deposit account. View of Responsible Officials and Context: There were corrections to the tenant’s move-in certification that caused the security deposit not to be collected at the time of the initial lease and deposited timely to the security deposit account. There was a temporary lack of funds in Castleton Homes, Inc.'s operating account, we were unable to make the required deposit to the security deposit account. At that time, we were in the process of securing a loan from the reserve account to support our ongoing operating activities. Response Indicator: A Completion Date: 9/8/2025, Response: On September 8, 2025, the $1,125 deposit was paid to the security deposit account. Contact Person: Ms. Donna Marie Coe
On September 8, 2025, the $1,125 deposit was paid to the security deposit account.
FAC accepted this audit on March 31, 2025 — management decision was due October 1, 2025.
Finding Number 2024-001 Federal Program 14.181 Supportve Housig for Persons with Disabilities: Capital Advance Program Type of Finding: Federal Award Finding Finding Resolution Resolved Condition The required deposits to the reserve for replacement account were not timely paid during the year ended June 30, 2024. Criteria The Regulatory Agreement requires monthly deposits to the reserve for replacement account. Effect: A required deposit to the reserve for replacement account was not paid. Cause: the required monthly deposit for one month was not deposited. Non-cmpliance code: N Questined Costs: $375 Recommendation: the Entity should pay the required deposit. Due to a temporary lack of funds in Castleton Homes, Inc.'s operating account, we were unable to make the required deposit to the reserve account. At that time, we were in the process of securing a loan from the reserve account to support our ongoing operating activities. During September 2024, the $375 deposit was paid to the reserve for replacement account.
Show full finding ▾Hide full finding ▴Finding Number 2024-001 Federal Program 14.181 Supportve Housig for Persons with Disabilities: Capital Advance Program Type of Finding: Federal Award Finding Finding Resolution Resolved Condition The required deposits to the reserve for replacement account were not timely paid during the year ended June 30, 2024. Criteria The Regulatory Agreement requires monthly deposits to the reserve for replacement account. Effect: A required deposit to the reserve for replacement account was not paid. Cause: the required monthly deposit for one month was not deposited. Non-cmpliance code: N Questined Costs: $375 Recommendation: the Entity should pay the required deposit. Due to a temporary lack of funds in Castleton Homes, Inc.'s operating account, we were unable to make the required deposit to the reserve account. At that time, we were in the process of securing a loan from the reserve account to support our ongoing operating activities. During September 2024, the $375 deposit was paid to the reserve for replacement account.
During September 2024, the $375 deposit was paid to the reserve for replacement account.
2023-001
FAC accepted this audit on March 30, 2024 — management decision was due September 30, 2024.
The required deposits to the reserve for replacement account were not timely paid during the year ended June 30, 2023. Cirteria: The Regulatory Agreement requires monthly deposits to the reserve for replacement account. Effect: A required deposit to the reserve for replacement account was not paid. Cause: The required monthly deposit was not deposited. Recommendation: The Entity should pay teh required deposit. View of Responsible Officials:Due to a temporary lack of funds in Castleton Homes, Inc.'s operating account, we were unable to make the required deposit to the reserve account for March 2023. At that time, we were in the process of securing a loan from the reserve account to support our ongoing operating activities. Status: During October 2023, the $350 deposit was paid to the reserve for replacement account.
Show full finding ▾Hide full finding ▴Finding Number: 2023-001; Condition: The required deposits to the reserve for replacement account were not timely paid during the year ended June 30, 2023. Cirteria: The Regulatory Agreement requires monthly deposits to the reserve for replacement account. Effect: A required deposit to the reserve for replacement account was not paid. Cause: The required monthly deposit was not deposited. Recommendation: The Entity should pay teh required deposit. View of Responsible Officials:Due to a temporary lack of funds in Castleton Homes, Inc.'s operating account, we were unable to make the required deposit to the reserve account for March 2023. At that time, we were in the process of securing a loan from the reserve account to support our ongoing operating activities. Status: During October 2023, the $350 deposit was paid to the reserve for replacement account.
During October 2023, the $350 deposit was paid to the reserve for replacement account.
FAC accepted this audit on November 1, 2022 — management decision was due May 1, 2023.
FAC accepted this audit on January 19, 2022 — management decision was due July 19, 2022.
FAC accepted this audit on June 20, 2021 — management decision was due December 20, 2021.
FAC accepted this audit on May 3, 2020 — management decision was due November 3, 2020.
FAC accepted this audit on January 6, 2019 — management decision was due July 6, 2019.
FAC accepted this audit on January 28, 2018 — management decision was due July 28, 2018.
FAC accepted this audit on January 31, 2017 — management decision was due July 31, 2017.
GSA_MIGRATION
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GSA_MIGRATION
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