EIN: 953559098
UEI: JJLARC2JA9M5
Audited by: Dauby O'Connor & Zaleski, LLC
Oversight agency: 14 [Department of Housing and Urban Development]
View federal awards & risk assessment →
Data as of August 31, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on September 8, 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 March 8, 2026 (178 days ago).
What is a management decision? →Finding reference number: #2025-001 CFDA title and number (Federal award identification number and year): Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects, CFDA No. 14.155 (122-35665, 122-35569V and 2004). Auditor non-compliance code: I - Failure to maintain property/open physical inspection(s). Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Name of Federal agency: U.S. Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: N/A Statement of Condition #2025-001 (CFDA 14.155): The Partnership received a score of 57 in a physical inspection of the Property performed on March 19, 2024 by a representative of HUD. By reference, the REAC inspection is included as a statement of condition. As of March 31, 2025, the physical inspection is closed. Criteria: Pursuant to HUD Regulatory Agreement, the Property is to be maintained in good repair and condition and considered decent, safe, and sanitary. Management is to conduct routine unit and general property inspections and deficiencies should be corrected in a timely manner. Effect: The Partnership is not in compliance with its Regulatory Agreement. If deficiencies are not corrected in a timely manner, the units could be considered not to be in a decent, safe, and sanitary condition. Cause: Management was not using the Uniform Physical Condition Standards Comprehensive Listing Checklist to ensure the Property was in compliance with HUD requirements when completing self inspections. Recommendation: Management should ensure all necessary repairs have been made. Management should continue to conduct routine unit and general property inspections and deficiencies should be corrected in a timely manner. Management Response: Management has responded to HUD in regard to this inspection report and has addressed all exigent health and safety issues.
Show full finding ▾Hide full finding ▴Finding reference number: #2025-001 CFDA title and number (Federal award identification number and year): Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects, CFDA No. 14.155 (122-35665, 122-35569V and 2004). Auditor non-compliance code: I - Failure to maintain property/open physical inspection(s). Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Name of Federal agency: U.S. Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: N/A Statement of Condition #2025-001 (CFDA 14.155): The Partnership received a score of 57 in a physical inspection of the Property performed on March 19, 2024 by a representative of HUD. By reference, the REAC inspection is included as a statement of condition. As of March 31, 2025, the physical inspection is closed. Criteria: Pursuant to HUD Regulatory Agreement, the Property is to be maintained in good repair and condition and considered decent, safe, and sanitary. Management is to conduct routine unit and general property inspections and deficiencies should be corrected in a timely manner. Effect: The Partnership is not in compliance with its Regulatory Agreement. If deficiencies are not corrected in a timely manner, the units could be considered not to be in a decent, safe, and sanitary condition. Cause: Management was not using the Uniform Physical Condition Standards Comprehensive Listing Checklist to ensure the Property was in compliance with HUD requirements when completing self inspections. Recommendation: Management should ensure all necessary repairs have been made. Management should continue to conduct routine unit and general property inspections and deficiencies should be corrected in a timely manner. Management Response: Management has responded to HUD in regard to this inspection report and has addressed all exigent health and safety issues.
Statement of condition #2025-001 Comments on the finding and each recommendation: The Partnership received a score of 57 in a physical inspection of the Property performed on March 19, 2024 by a representative of HUD. By reference, the REAC inspection is included as a statement of condition. As of March 31, 2025, the physical inspection is closed. Action(s) taken or planned on the finding: Management has responded to HUD in regard to this inspection report and has addressed all exigent health and safety issues.
FAC accepted this audit on June 27, 2024 — management decision was due December 27, 2024.
FAC accepted this audit on December 22, 2023 — management decision was due June 22, 2024.
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.
Browse other Single Audit organizations in California →
Track your findings and corrective action plans across audit cycles.
Start tracking findings →Monitor subrecipient audit findings and filing records.
Start monitoring →© 2026 Single Audit Intelligence. All data is public domain.
