EIN: 741711362
UEI: D1YXYTMXD9G5
Data as of August 23, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on August 27, 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 February 27, 2026 (177 days ago).
What is a management decision? →Several withdrawals totaling $108,111 for emergency repairs and improvements, to cover payroll, pay audit fees and for other operating expenses were made from the Reserve for Replacement account without prior approval from the lender. - Cause: The Project had several major equipment failures and was short of cash to cover its monthly operating expenses. - Effect or Potential Effect: The Project is not in conformity with the terms of the regulatory agreement. - Auditor Non-Compliance Code: A. - Questioned costs: N/A. - Reporting views of responsible officials: Management was forced to draw funds from the Reserve for Replacement Account to cover the urgent repairs and other operating expenses. - Contract Number: 114-44098. - Context: The lack of prior approval for withdrawals was noticed at the time of performing the audit. - Recommendation: Management should obtain prior consent from lender for all withdrawals from the Reserve for Replacement Account exceeding $2,500. - Auditors' summary of auditee's comment: They are in agreement. Management has tried to rectify the deficiency by obtaining retroactive approval from the lender for the total amount withdrawn from the Reserve for Replacement Account, on April 30, 2025. - Proposed completion date: Completed. - Response: Management agrees with the finding, was aware of the requirement for prior approval and on April 30, 2025, and has obtained retroactive approval from the lender for the withdrawal of 108,111.
Show full finding ▾Hide full finding ▴Schedule reference number 2025-001 - Title and AL Number of Federal Program: Section 8 Housing Assistance (AL 14.195) - Type of finding: Federal Award - Resolution Status: Resolved. - Population size: N/A - Sample size: N/A - Repeat finding: Yes. - Criteria: The regulatory agreement stipulates that all withdrawals exceeding $2,500 from the Reserve for Replacement Account need prior written consent of the lender. - Statement of Condition: Several withdrawals totaling $108,111 for emergency repairs and improvements, to cover payroll, pay audit fees and for other operating expenses were made from the Reserve for Replacement account without prior approval from the lender. - Cause: The Project had several major equipment failures and was short of cash to cover its monthly operating expenses. - Effect or Potential Effect: The Project is not in conformity with the terms of the regulatory agreement. - Auditor Non-Compliance Code: A. - Questioned costs: N/A. - Reporting views of responsible officials: Management was forced to draw funds from the Reserve for Replacement Account to cover the urgent repairs and other operating expenses. - Contract Number: 114-44098. - Context: The lack of prior approval for withdrawals was noticed at the time of performing the audit. - Recommendation: Management should obtain prior consent from lender for all withdrawals from the Reserve for Replacement Account exceeding $2,500. - Auditors' summary of auditee's comment: They are in agreement. Management has tried to rectify the deficiency by obtaining retroactive approval from the lender for the total amount withdrawn from the Reserve for Replacement Account, on April 30, 2025. - Proposed completion date: Completed. - Response: Management agrees with the finding, was aware of the requirement for prior approval and on April 30, 2025, and has obtained retroactive approval from the lender for the withdrawal of 108,111.
Audit Finding 2025-001: The regulatory agreement stipulates that all withdrawals exceeding $2,500 from the Reserve for Replacement Account need prior written consent of the lender. Several withdrawals totaling $108,111 for emergency repairs and improvements, to cover payroll, pay audit fees and for other operating expenses were made from the Reserve for Replacement account without prior approval from the lender. Response: Management agrees with the finding, was aware of the requirement for prior approval and on April 30, 2025, and has obtained retroactive approval from the lender for the withdrawal of 108,111.
2024-001
An invoice of $1,707 was duplicated while calculating the funds to be withdrawn from the Reserve for Replacement account . - Cause: Management oversight. - Effect or Potential Effect: There is an excess withdrawal of $1,707. - Auditor Non-Compliance Code: A. - Questioned costs: N/A. - Reporting views of responsible officials: Management inadvertently duplicated a previously included invoice for expenditure of $1,707 while drawing funds from the Reserve for Replacement Account. - Contract Number: 114-44098. - Context: The duplication of the expenditure in the withdrawal request was noticed at the time of performing the audit. - Recommendation: Management should have controls in place to make sure no expenditure is duplicated for withdrawals from the Reserve for Replacement Account. - Auditors' summary of auditee's comment: They are in agreement. Management asserts that it was a one-time error and they will put controls in place to ensure it does not happen again in the future. - Proposed completion date: Completed. - Response: Management agrees with the finding and has refunded $1,707 to the Reserve for Replacement Account on August 12, 2025.
Show full finding ▾Hide full finding ▴Schedule reference number 2025-002 - Title and AL Number of Federal Program: Section 8 Housing Assistance (AL 14.195) - Type of finding: Federal Award - Resolution Status: Resolved. - Population size: N/A - Sample size: N/A - Repeat finding: No. - Criteria: The regulatory agreement stipulates that all withdrawals from the Reserve for Replacement Account be supported by invoices and payments as proof of amounts expended. - Statement of Condition: An invoice of $1,707 was duplicated while calculating the funds to be withdrawn from the Reserve for Replacement account . - Cause: Management oversight. - Effect or Potential Effect: There is an excess withdrawal of $1,707. - Auditor Non-Compliance Code: A. - Questioned costs: N/A. - Reporting views of responsible officials: Management inadvertently duplicated a previously included invoice for expenditure of $1,707 while drawing funds from the Reserve for Replacement Account. - Contract Number: 114-44098. - Context: The duplication of the expenditure in the withdrawal request was noticed at the time of performing the audit. - Recommendation: Management should have controls in place to make sure no expenditure is duplicated for withdrawals from the Reserve for Replacement Account. - Auditors' summary of auditee's comment: They are in agreement. Management asserts that it was a one-time error and they will put controls in place to ensure it does not happen again in the future. - Proposed completion date: Completed. - Response: Management agrees with the finding and has refunded $1,707 to the Reserve for Replacement Account on August 12, 2025.
Audit Finding 2025-002: The regulatory agreement stipulates that all withdrawals from the Reserve for Replacement Account be supported by invoices and payments as proof of amounts expended. An invoice of $1,707 was duplicated while calculating the funds to be withdrawn from the Reserve for Replacement account . Response: Management agrees with the finding and has refunded $1,707 to the Reserve for Replacement Account on August 12, 2025.
FAC accepted this audit on August 16, 2024 — management decision was due February 16, 2025.
A withdrawal of $37,000 for emergency improvements was made from the Reserve for Replacement account without prior approval from the lender. Cause: Management tried to get approval for the withdrawal from HUD, not realizing that the new regulatory agreement required them to get approval from the lender. Effect or Potential Effect: The Project is not in conformity with the terms of the regulatory agreement. Auditor Non-Compliance Code: N. Questioned costs: N/A. Reporting views of responsible officials: Management thought the approval was to be requested from HUD, as had been the case with the earlier regulatory agreement. Contract Number: 114-44098. Context: The error was noticed at the time of performing the audit. Recommendation: Management should obtain prior consent from lender for all withdrawals from the Reserve for Replacement exceeding $2,500. Auditors' summary of auditee's comment: They are in agreement. Proposed completion date: July 1, 2024. Response: Management agrees with the finding and on July 1, 2024, has obtained retroactive approval from the lender for the withdrawal of $37,000.
Show full finding ▾Hide full finding ▴Schedule reference number 2024-001 Title and AL Number of Federal Program: Home Improvement Partnership Grant (AL 14.239) Type of finding: Federal Award Resolution Status: In process. Population size: N/A Sample size: N/A Repeat finding: No. Criteria: The regulatory agreement stipulates that all withdrawals exceeding $2,500 from the Reserve for Replacement Account need prior written consent of the lender. Statement of Condition: A withdrawal of $37,000 for emergency improvements was made from the Reserve for Replacement account without prior approval from the lender. Cause: Management tried to get approval for the withdrawal from HUD, not realizing that the new regulatory agreement required them to get approval from the lender. Effect or Potential Effect: The Project is not in conformity with the terms of the regulatory agreement. Auditor Non-Compliance Code: N. Questioned costs: N/A. Reporting views of responsible officials: Management thought the approval was to be requested from HUD, as had been the case with the earlier regulatory agreement. Contract Number: 114-44098. Context: The error was noticed at the time of performing the audit. Recommendation: Management should obtain prior consent from lender for all withdrawals from the Reserve for Replacement exceeding $2,500. Auditors' summary of auditee's comment: They are in agreement. Proposed completion date: July 1, 2024. Response: Management agrees with the finding and on July 1, 2024, has obtained retroactive approval from the lender for the withdrawal of $37,000.
Houston Heights Tower Corrective Action Plan May 31, 2024 - Audit Finding 2024-001: The regulatory agreement stipulates that all withdrawals exceeding $2,500 from the Reserve for Replacement Account need prior written consent of the lender. A withdrawal of $37,000 for emergency improvements was made from the Reserve for Replacement account without prior approval from the lender. Response: Management had tried to get approval for the withdrawal from HUD, not realizing that the regulatory agreement required them to get approval from the lender. Management obtained retroactive approval from the lender on July 1, 2024 for the $37,000 withdrawal. Responsible Party: Linda G. Holder, Vice President/COO/Agent, Houston Housing Management Corporation, 2211 Norfolk, Suite 614, Houston, TX 77098
FAC accepted this audit on October 13, 2022 — management decision was due April 13, 2023.
The monthly deposit of $4,646 to the Reserve for Replacement account was not done for July 2021. Cause: Since the mortgage was refinanced in late June, management thought there was no need to make the July deposit. Effect or Potential Effect: The Reserve for Replacement account may have a shortfall of $4,646. Auditor Non-Compliance Code: N. Questioned costs: N/A. Reporting views of responsible officials: Management thought there was no need to make the deposit in July due to the refinancing. Contract Number: 114-44098. Context: The shortfall was noticed at the time of performing the audit. Recommendation: Management should make an additional deposit to make up the shortfall when funds become available. Auditors' summary of auditee's comment: They are in agreement. Proposed completion date: May 31, 2023. Response: Management agrees with the finding and will make an additional deposit to the Reserve for Replacement account when the funds become available.
Show full finding ▾Hide full finding ▴Schedule reference number 2022-001 Title and AL Number of Federal Program: Home Improvement Partnership Grant (AL 14.239) Type of finding: Federal Award Resolution Status: In process. Population size: N/A Sample size: N/A Repeat finding: No. Criteria: The regulatory agreement stipulates that a monthly deposit be made to the Reserve for Replacement Account. Statement of Condition: The monthly deposit of $4,646 to the Reserve for Replacement account was not done for July 2021. Cause: Since the mortgage was refinanced in late June, management thought there was no need to make the July deposit. Effect or Potential Effect: The Reserve for Replacement account may have a shortfall of $4,646. Auditor Non-Compliance Code: N. Questioned costs: N/A. Reporting views of responsible officials: Management thought there was no need to make the deposit in July due to the refinancing. Contract Number: 114-44098. Context: The shortfall was noticed at the time of performing the audit. Recommendation: Management should make an additional deposit to make up the shortfall when funds become available. Auditors' summary of auditee's comment: They are in agreement. Proposed completion date: May 31, 2023. Response: Management agrees with the finding and will make an additional deposit to the Reserve for Replacement account when the funds become available.
Houston Heights Towers, Inc. Dba: Houston Heights Towers Corrective Action Plan May 31, 2022 Audit Finding 2022-001: The monthly deposit to the replacement reserve was not done for July 2021. Response: Management believed that there was no need to make the deposit in July due to the loan being refinanced in late June. Management has subsequently corrected this situation and the deposit was made in the amount of $4,563 on September 12, 2022. Responsible Party: Linda G. Holder Vice President/COO/Agent Houston Housing Management Corporation 2211 Norfolk, Suite 614 Houston, TX 77098
FAC accepted this audit on September 28, 2021 — management decision was due March 28, 2022.
Certain general ledger accounts, including fixed assets, prepaid insurance, and accounts payable were not analyzed or properly reconciled at May 31, 2021 and significant adjusting entries had to be made. Cause: Management has limited resources to analyze, reconcile and monitor their financial statements. Effect: The year end in-house financial statements overstated fixed assets, prepaid insurance and accounts payable. Noncompliance code: Z - Other (Internal control deficiencies) Questioned cost: None Reporting views of officials: Management believes this was due to limited resources due to certain employees being out due to the pandemic. Management agrees with the finding and the accounts have been adjusted. Context: This was noted while performing certain procedures on various accounts. Recommendation: Management should closely monitor selected accounts to ensure that these are properly reconciled during interim periods and at year end. Auditors' summary of auditee's comments: They are in agreement. Completion date: 05/31/2022. Response: Management will ensure that all significant transactions and accounts are properly analyzed and reconciled and the accounts adjusted, if necessary, on a timely basis.
Show full finding ▾Hide full finding ▴Findings reference number 2021-001 Title and CFDA Number of Federal Program: Community Development Block Grant (CFDA 14.218). Type of finding: Financial statement Resolution status: In process Population size: N/A Sample size: N/A Repeat finding: Yes - 2020-001 Criteria: Management has not established proper controls to closely analyze the significant financial transactions of the Project. Condition: Certain general ledger accounts, including fixed assets, prepaid insurance, and accounts payable were not analyzed or properly reconciled at May 31, 2021 and significant adjusting entries had to be made. Cause: Management has limited resources to analyze, reconcile and monitor their financial statements. Effect: The year end in-house financial statements overstated fixed assets, prepaid insurance and accounts payable. Noncompliance code: Z - Other (Internal control deficiencies) Questioned cost: None Reporting views of officials: Management believes this was due to limited resources due to certain employees being out due to the pandemic. Management agrees with the finding and the accounts have been adjusted. Context: This was noted while performing certain procedures on various accounts. Recommendation: Management should closely monitor selected accounts to ensure that these are properly reconciled during interim periods and at year end. Auditors' summary of auditee's comments: They are in agreement. Completion date: 05/31/2022. Response: Management will ensure that all significant transactions and accounts are properly analyzed and reconciled and the accounts adjusted, if necessary, on a timely basis.
Audit Finding 2021-001: Management has not established proper controls to closely analyze the significant financial transactions of the Project. Response: Management believes this was due to limited resources due to certain employees being out due to the pandemic. Management agrees with the finding and the accounts have been adjusted. Management will ensure that all significant transactions and accounts are properly analyzed and reconciled, and the accounts adjusted, if necessary, on a timely basis. Responsible Party: Linda G. Holder Vice President/COO/Agent Houston Housing Management Corporation 2211 Norfolk, Suite 614 Houston, TX 77098
2020-001
FAC accepted this audit on November 3, 2020 — management decision was due May 3, 2021.
Certain general ledger accounts, including fixed assets, prepaid insurance, note payable and accounts payable were not analyzed or properly reconciled at May 31, 2020 and significant adjusting entries had to be made. Cause: Management has limited resources to analyze, reconcile and monitor their financial statements. Effect: The year end in-house financial statements overstated fixed assets, prepaid insurance and accounts payable and understated long term debt. Noncompliance code: P - Other (Internal control deficiencies) Questioned cost: None Reporting views of officials: Management believes this was due to the conversion of its accounting software. Management agrees with the finding and the accounts have been adjusted. Context: This was noted while performing certain procedures on various accounts. Recommendation: Management should closely monitor selected accounts to ensure that these are properly reconciled during interim periods and at year end. Auditors' summary of auditee's comments: They are in agreement. Completion date: 05/31/2021. Response: Management will ensure that all significant transactions and accounts are properly analyzed and reconciled and the accounts adjusted, if necessary, on a timely basis. dings reference umber 2020-001
Show full finding ▾Hide full finding ▴FinTitle and CFDA Number of Federal Program: Community Development Block Grant (CFDA 14.218). Type of finding: Financial statement Resolution status: In process Population size: N/A Sample size: N/A Repeat finding: N/A Criteria: Management has not established proper controls to closely analyze the significant financial transactions of the Corporation. Condition: Certain general ledger accounts, including fixed assets, prepaid insurance, note payable and accounts payable were not analyzed or properly reconciled at May 31, 2020 and significant adjusting entries had to be made. Cause: Management has limited resources to analyze, reconcile and monitor their financial statements. Effect: The year end in-house financial statements overstated fixed assets, prepaid insurance and accounts payable and understated long term debt. Noncompliance code: P - Other (Internal control deficiencies) Questioned cost: None Reporting views of officials: Management believes this was due to the conversion of its accounting software. Management agrees with the finding and the accounts have been adjusted. Context: This was noted while performing certain procedures on various accounts. Recommendation: Management should closely monitor selected accounts to ensure that these are properly reconciled during interim periods and at year end. Auditors' summary of auditee's comments: They are in agreement. Completion date: 05/31/2021. Response: Management will ensure that all significant transactions and accounts are properly analyzed and reconciled and the accounts adjusted, if necessary, on a timely basis. dings reference umber 2020-001
Audit Finding # 2020-001 Management has not established proper controls to closely monitor the financial reporting by the entity. Response: Management believes this was due to the conversion of its accounting software. Management agrees with the finding and the accounts have been adjusted. Management will ensure that all significant transactions and accounts are properly analyzed and reconciled and accounts adjusted, if necessary, on a timely basis through regularly scheduled monitoring.
FAC accepted this audit on October 10, 2019 — management decision was due April 10, 2020.
The submission to HUD and the data collection form (DCF) to the Federal Audit Clearinghouse for the year ended May 31, 2018 were not filed by its due date. Cause: There was a change in key personnel at the management company. Due to these factors, there was no person available with the knowledge and skills to complete the submissions on a timely basis. Effect or Potential Effect: The Project may be penalized for filing the report late. Auditor Non-Compliance Code: Z. Questioned costs: N/A. Reporting views of responsible officials: Auditee agrees with the finding. Contract Number: 114-44098. Context: The reports were filed late due to the unavailability of certain personnel. Recommendation: Management should train more than one person in this area so that submissions are done timely. Auditors' summary of auditee's comment: They are in agreement. Proposed completion date: May 31, 2020. Response: Management agrees with the finding and has made efforts to provide training of its submission to more than one responsible person. In the future it will ensure that the submissions are done timely.
Show full finding ▾Hide full finding ▴Schedule reference number 2019-001 Title and CFDA Number of Federal Program: Home Improvement Partnership Grant (CFDA 14.239) Type of finding: Federal Award Resolution Status: In process. Population size: N/A Sample size: N/A Repeat finding: Yes. Previous year finding reference no. 2018-1. Criteria: Reports to federal agencies must be filed on a timely basis. Statement of Condition: The submission to HUD and the data collection form (DCF) to the Federal Audit Clearinghouse for the year ended May 31, 2018 were not filed by its due date. Cause: There was a change in key personnel at the management company. Due to these factors, there was no person available with the knowledge and skills to complete the submissions on a timely basis. Effect or Potential Effect: The Project may be penalized for filing the report late. Auditor Non-Compliance Code: Z. Questioned costs: N/A. Reporting views of responsible officials: Auditee agrees with the finding. Contract Number: 114-44098. Context: The reports were filed late due to the unavailability of certain personnel. Recommendation: Management should train more than one person in this area so that submissions are done timely. Auditors' summary of auditee's comment: They are in agreement. Proposed completion date: May 31, 2020. Response: Management agrees with the finding and has made efforts to provide training of its submission to more than one responsible person. In the future it will ensure that the submissions are done timely.
Finding 2019-001 The Data Collection Form (DCF) should be submitted by the earlier of 30 days after receipt of the final audit report or nine months after year-end. Response 2019-001 Management company is changing to OneSite accounting software which should speed up the audit process. The Officer responsible for submission will try to submit in a timelier manner. Linda G. Holder VicePresident/COO Agent
2018-001
FAC accepted this audit on September 27, 2018 — management decision was due March 27, 2019.
GSA_MIGRATION
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2017-001
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GSA_MIGRATION
FAC accepted this audit on March 12, 2017 — management decision was due September 12, 2017.
GSA_MIGRATION
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2015-001
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2015-002
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