EIN: 640940579
UEI: NV5RNPHLAVG4
Audited by: Harper, Rains, Knight & Company
Oversight agency: 14 [Department of Housing and Urban Development]
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Data as of August 28, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on June 30, 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 December 30, 2026 (122 days from today).
What is a management decision? →FAC accepted this audit on June 30, 2025 — management decision was due December 30, 2025.
FAC accepted this audit on June 28, 2024 — management decision was due December 28, 2024.
FAC accepted this audit on June 29, 2023 — management decision was due December 29, 2023.
FAC accepted this audit on June 28, 2022 — management decision was due December 28, 2022.
FAC accepted this audit on June 29, 2021 — management decision was due December 29, 2021.
The Project continued to request funds for a tenant after move-out in a previous year and has not resolved the issue with HUD. Cause: The Project's controls over assembling its monthly assistance payment voucher were not working properly in the previous year. Effect or Potential Effect: The overpayment of assistance payments to the Project is noncompliance that could, at the discretion of HUD, result in the capital advance being called due, which would require the Project to reimburse HUD for the advance and pay interest. Perspective Information: The Project failed to remove a tenant from its assistance payment voucher due to issues with the software and its accounting software. Repeat Finding: Repeat finding of 2019-001. Recommendations: The Project should reimburse HUD for the additional funds received and ensure that tenants on the assistance voucher agree to the Project's internal records in order to maintain compliance with their Regulatory Agreement. Views of Responsible Officials: Management concurs with the finding and has notified HUD of the overpayment. Management is currently awaiting HUD guidance on how to repay the outstanding balance.
Show full finding ▾Hide full finding ▴Finding 2020-001: Section 811 Capital Advance (CFDA #14.181) Type of Finding: Material Weakness Criteria: The Regulatory Agreement requires that amounts requested for funds to be available for eligible tenants. Condition: The Project continued to request funds for a tenant after move-out in a previous year and has not resolved the issue with HUD. Cause: The Project's controls over assembling its monthly assistance payment voucher were not working properly in the previous year. Effect or Potential Effect: The overpayment of assistance payments to the Project is noncompliance that could, at the discretion of HUD, result in the capital advance being called due, which would require the Project to reimburse HUD for the advance and pay interest. Perspective Information: The Project failed to remove a tenant from its assistance payment voucher due to issues with the software and its accounting software. Repeat Finding: Repeat finding of 2019-001. Recommendations: The Project should reimburse HUD for the additional funds received and ensure that tenants on the assistance voucher agree to the Project's internal records in order to maintain compliance with their Regulatory Agreement. Views of Responsible Officials: Management concurs with the finding and has notified HUD of the overpayment. Management is currently awaiting HUD guidance on how to repay the outstanding balance.
U.S. Department of Housing and Urban Development Timber Hills Housing of Tippah County (the "Project"), respectfully submits the following corrective action plan for the year ended September 30, 2020. Audit Firm: Harper, Rains, Knight & Company, P.A. 1052 Highland Colony Parkway, Suite 100 Ridgeland, MS 39157 Audit Period: Year Ended September 30, 2020 Finding 2020-001: Section 8 Requests (repeat finding) Recommendation: The Project should reimburse HUD for the additional funds received and ensure that tenants on the assistance voucher agree to the Projects internal records in order to maintain compliance with their Regulatory Agreement. Actions Taken: Management concurs with the finding and has notified HUD of the overpayment. Management is currently awaiting HUD guidance on how to pursue the repayment of additional funds.
2019-001
The Project could not provide all requested documents for selected tenants. Cause: The Project's controls over tenant eligibility were not working properly. Effect or Potential Effect: The missing tenant file documents are noncompliance that could, at the discretion of HUD, result in the capital advance being called due, which would require the Project to reimburse HUD for the advance and pay interest. Perspective Information: The Project failed to acquire and/or maintain appropriate documentation from tenants through initial application and renewal. Repeat Finding: Repeat finding of 2019-002. Recommendations: The Project should obtain all appropriate documentation for tenants in order to maintain compliance with their Regulatory Agreement. Views of Responsible Officials: Management concurs with the finding. Management will contact tenants and ensure that all appropriate documentation is obtained.
Show full finding ▾Hide full finding ▴Finding 2020-002: Section 811 Capital Advance (CFDA #14.181) Type of Finding: Significant Deficiency Criteria: The Regulatory Agreement requires the Project to acquire specific documentation in determining tenant eligibility. Condition: The Project could not provide all requested documents for selected tenants. Cause: The Project's controls over tenant eligibility were not working properly. Effect or Potential Effect: The missing tenant file documents are noncompliance that could, at the discretion of HUD, result in the capital advance being called due, which would require the Project to reimburse HUD for the advance and pay interest. Perspective Information: The Project failed to acquire and/or maintain appropriate documentation from tenants through initial application and renewal. Repeat Finding: Repeat finding of 2019-002. Recommendations: The Project should obtain all appropriate documentation for tenants in order to maintain compliance with their Regulatory Agreement. Views of Responsible Officials: Management concurs with the finding. Management will contact tenants and ensure that all appropriate documentation is obtained.
U.S. Department of Housing and Urban Development Timber Hills Housing of Tippah County (the "Project"), respectfully submits the following corrective action plan for the year ended September 30, 2020. Audit Firm: Harper, Rains, Knight & Company, P.A. 1052 Highland Colony Parkway, Suite 100 Ridgeland, MS 39157 Audit Period: Year Ended September 30, 2020 Finding 2020-002: Tenant Documentation (repeat finding) Recommendation: The Project should obtain all appropriate documentation for tenants in order to maintain compliance with their Regulatory Agreement. Actions Taken: Management concurs with the finding. Management will contact tenants and ensure that all appropriate documentation is obtained.
2019-002
The Project did not make twelve deposits in the Replacement Reserve. Cause: The Project did not have the available funds to make the required deposits. Effect or Potential Effect: The missed payments are noncompliance that could, at the discretion of HUD, result in the capital advance being called due, which would require the Project to reimburse HUD for the advance and pay interest. Perspective Information: The Project attempted to make the deposits but lack of funds prohibited the satisfaction of this requirement. The Project does not have funds to meet all of its operational needs and, therefore, cannot make the payments to the Replacement Reserve. Repeat Finding: N/A. Recommendations: The Project should work with HUD to increase rents, request a waiver for Replacement Reserve deposits and potentially seek additional resources to meet its obligations. Views of Responsible Officials: Management concurs with the finding. Management will perform steps to remedy its cash flow problems.
Show full finding ▾Hide full finding ▴Finding 2020-003: Section 811 Capital Advance (CFDA #14.181) Type of Finding: Significant Deficiency Criteria: The Regulatory Agreement requires the Project to make twelve deposits into the Replacement Reserve. Condition: The Project did not make twelve deposits in the Replacement Reserve. Cause: The Project did not have the available funds to make the required deposits. Effect or Potential Effect: The missed payments are noncompliance that could, at the discretion of HUD, result in the capital advance being called due, which would require the Project to reimburse HUD for the advance and pay interest. Perspective Information: The Project attempted to make the deposits but lack of funds prohibited the satisfaction of this requirement. The Project does not have funds to meet all of its operational needs and, therefore, cannot make the payments to the Replacement Reserve. Repeat Finding: N/A. Recommendations: The Project should work with HUD to increase rents, request a waiver for Replacement Reserve deposits and potentially seek additional resources to meet its obligations. Views of Responsible Officials: Management concurs with the finding. Management will perform steps to remedy its cash flow problems.
U.S. Department of Housing and Urban Development Timber Hills Housing of Tippah County (the "Project"), respectfully submits the following corrective action plan for the year ended September 30, 2020. Audit Firm: Harper, Rains, Knight & Company, P.A. 1052 Highland Colony Parkway, Suite 100 Ridgeland, MS 39157 Audit Period: Year Ended September 30, 2020 Finding 2020-003: Replacement Reserve Deposits Recommendation: The Project should work with HUD to increase rents, request a waiver for Replacement Reserve deposits and potentially seek additional resources to meet its obligations. Actions Taken: Management concurs with the finding. Management will perform steps to remedy its cash flow problems.
FAC accepted this audit on September 29, 2020 — management decision was due March 29, 2021.
The Project continued to request funds for a tenant after move-out. Cause: The Project's controls over assembling its monthly assistance payment voucher were not working properly. Effect or Potential Effect: The overpayment of assistance payments to the Project is noncompliance that could, at the discretion of HUD, result in the capital advance being called due, which would require the Project to reimburse HUD for the advance and pay interest. Perspective Information: The Project failed to remove a tenant from its assistance payment voucher due to issues with the software and its accounting software. Through prior history with Project, this is not a systemic issue that cannot be rectified. Repeat Finding: Repeat finding of 2018-001. Recommendations: The Project should reimburse HUD for the additional funds received and ensure that tenants on the assistance voucher agree to the Projects internal records in order to maintain compliance with their Regulatory Agreement. Views of Responsible Officials: Management concurs with the finding and has notified HUD of the overpayment. Management is currently awaiting HUD guidance on how to pursue the repayment of additional funds received.
Show full finding ▾Hide full finding ▴Finding 2019-001: Section 811 Capital Advance (CFDA #14.181) Type of Finding: Material Weakness Criteria: The Regulatory Agreement requires that amounts requested for funds to be available for eligible tenants. Condition: The Project continued to request funds for a tenant after move-out. Cause: The Project's controls over assembling its monthly assistance payment voucher were not working properly. Effect or Potential Effect: The overpayment of assistance payments to the Project is noncompliance that could, at the discretion of HUD, result in the capital advance being called due, which would require the Project to reimburse HUD for the advance and pay interest. Perspective Information: The Project failed to remove a tenant from its assistance payment voucher due to issues with the software and its accounting software. Through prior history with Project, this is not a systemic issue that cannot be rectified. Repeat Finding: Repeat finding of 2018-001. Recommendations: The Project should reimburse HUD for the additional funds received and ensure that tenants on the assistance voucher agree to the Projects internal records in order to maintain compliance with their Regulatory Agreement. Views of Responsible Officials: Management concurs with the finding and has notified HUD of the overpayment. Management is currently awaiting HUD guidance on how to pursue the repayment of additional funds received.
U.S. Department of Housing and Urban Development Timber Hills Housing of Tippah County (the "Project") respectfully submits the following corrective action plan for the year ended September 30, 2019. Audit Firm: Harper, Rains, Knight & Company, P.A. 1052 Highland Colony Parkway, Suite 100 Ridgeland, MS 39157 Audit Period: Year Ended September 30, 2019 Finding 2019-001: Section 8 Requests (repeat finding) Recommendation: The Project should reimburse HUD for the additional funds received and ensure that tenants on the assistance voucher agree to the Projects internal records in order to maintain compliance with their Regulatory Agreement. Actions Taken: Management concurs with the finding and has notified HUD of the overpayment. Management is currently awaiting HUD guidance on how to pursue the repayment of additional funds.
2018-001
The Project could not provide all requested documents for selected tenants. Cause: The Project's controls over tenant eligilibility were not working properly. Effect or Potential Effect: The missing tenant file documents are noncompliance that could, at the discretion of HUD, result in the capital advance being called due, which would require the Project to reimburse HUD for the advance and pay interest. Perspective Information: The Project failed to acquire and/or maintain appropriate documentation from tenants through initial application and renewal. Through prior history with Project, this is not a systemic issue that cannot be rectified. Repeat Finding: None. Recommendations: The Project should obtain all appropriate documentation for tenants in order to maintain compliance with their Regulatory Agreement. Views of Responsible Officials: Management concurs with the finding. Management will contact tenants and ensure that all appropriate documentation is obtained. Auditing Finding Reference: 2018-001 Status of Prior Year Finding: This was not corrected in the current year due to lack of funds available to the Project. Identified as a repeat finding in the current year. Management is currently awaiting HUD guidance on how to pursue the repayment of additional funds received. Auditing Finding Reference: 2018-002 Status of Prior Year Finding: The Project made the delinquent deposits into the replacement reserve in the current year.
Show full finding ▾Hide full finding ▴Finding 2019-002: Section 811 Capital Advance (CFDA #14.181) Type of Finding: Significant Deficiency Criteria: The Regulatory Agreement requires the Project to acquire specific documentation in determining tenant eligibility. Condition: The Project could not provide all requested documents for selected tenants. Cause: The Project's controls over tenant eligilibility were not working properly. Effect or Potential Effect: The missing tenant file documents are noncompliance that could, at the discretion of HUD, result in the capital advance being called due, which would require the Project to reimburse HUD for the advance and pay interest. Perspective Information: The Project failed to acquire and/or maintain appropriate documentation from tenants through initial application and renewal. Through prior history with Project, this is not a systemic issue that cannot be rectified. Repeat Finding: None. Recommendations: The Project should obtain all appropriate documentation for tenants in order to maintain compliance with their Regulatory Agreement. Views of Responsible Officials: Management concurs with the finding. Management will contact tenants and ensure that all appropriate documentation is obtained. Auditing Finding Reference: 2018-001 Status of Prior Year Finding: This was not corrected in the current year due to lack of funds available to the Project. Identified as a repeat finding in the current year. Management is currently awaiting HUD guidance on how to pursue the repayment of additional funds received. Auditing Finding Reference: 2018-002 Status of Prior Year Finding: The Project made the delinquent deposits into the replacement reserve in the current year.
U.S. Department of Housing and Urban Development Timber Hills Housing of Tippah County (the "Project") respectfully submits the following corrective action plan for the year ended September 30, 2019. Audit Firm: Harper, Rains, Knight & Company, P.A. 1052 Highland Colony Parkway, Suite 100 Ridgeland, MS 39157 Audit Period: Year Ended September 30, 2019 Finding 2019-002: Tenant Documentation Recommendation: The Project should obtain all appropriate documentation for tenants in order to maintain compliance with their Regulatory Agreement. Actions Taken: Management concurs with the finding. Management will contact tenants and ensure that all appropriate documentation is obtained. If the U.S. Department of Housing and Urban Development for audit has questions regarding this plan, please call Scott Russell at 601/856-2362. Sincerely, Timber Hills Housing of Tippah County, By: _________________________________ Alpha Management Corporation
FAC accepted this audit on June 29, 2019 — management decision was due December 29, 2019.
GSA_MIGRATION
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GSA_MIGRATION
2017-001
GSA_MIGRATION
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GSA_MIGRATION
FAC accepted this audit on June 28, 2018 — management decision was due December 28, 2018.
GSA_MIGRATION
Show full finding ▾Hide full finding ▴FAC accepted this audit on April 30, 2017 — management decision was due October 30, 2017.
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