EIN: 660740105
UEI: N78CP67G2LG8
Audited by: JLM & CO., LLP
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 July 11, 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 January 11, 2024 (962 days ago).
What is a management decision? →FAC accepted this audit on January 30, 2022 — management decision was due July 30, 2022.
FAC accepted this audit on March 10, 2021 — management decision was due September 10, 2021.
FAC accepted this audit on June 2, 2020 — management decision was due December 2, 2020.
Finding No. 2019-001 1. CONDITION ? Vacancy losses is extremely high. Vacancy losses of fiscal year 2019 amounted to $140,915, representing an 15.35% of gross potential income. 2. CRITERIA ? Management Agent are not complying with the Affirmative Fair Housing Marketing Plan as stated in HUD Handbook 4350.3. Rev. 1, Change 4, Chapter 4, Paragraph 4-12(B)(3) in which indicates that the results of marketing efforts and marketing techniques should be adjusted when necessary to avoid recurring vacancy losses. 3. EFFECT ? Negative impact in cash flows to the Project. 4. CAUSE ? Project?s advertising and marketing plan has not been effective to attract new prospective tenants. 5. QUESTIONED COSTS ? Loss of tenant?s revenues in the amount of $140,915. 6. RECOMMENDATION ? Management Agent of the Project must review its Marketing Plan in order to be more successful in attract new prospective tenants.
Show full finding ▾Hide full finding ▴Finding No. 2019-001 1. CONDITION ? Vacancy losses is extremely high. Vacancy losses of fiscal year 2019 amounted to $140,915, representing an 15.35% of gross potential income. 2. CRITERIA ? Management Agent are not complying with the Affirmative Fair Housing Marketing Plan as stated in HUD Handbook 4350.3. Rev. 1, Change 4, Chapter 4, Paragraph 4-12(B)(3) in which indicates that the results of marketing efforts and marketing techniques should be adjusted when necessary to avoid recurring vacancy losses. 3. EFFECT ? Negative impact in cash flows to the Project. 4. CAUSE ? Project?s advertising and marketing plan has not been effective to attract new prospective tenants. 5. QUESTIONED COSTS ? Loss of tenant?s revenues in the amount of $140,915. 6. RECOMMENDATION ? Management Agent of the Project must review its Marketing Plan in order to be more successful in attract new prospective tenants.
The Management Agent will review and improve the marketing plan in order to attract new applicants to the project.
FAC accepted this audit on January 21, 2019 — management decision was due July 21, 2019.
GSA_MIGRATION
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Show full finding ▾Hide full finding ▴FAC accepted this audit on March 27, 2018 — management decision was due September 27, 2018.
GSA_MIGRATION
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GSA_MIGRATION
2016-001
FAC accepted this audit on January 9, 2017 — management decision was due July 9, 2017.
GSA_MIGRATION
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GSA_MIGRATION
2015-001
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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