Haverstock Hills Apartments TX24M000183: single-audit findings

Score: 0 of 100 (FY2024 audit)

The sum of eight parts, each read from the audit. How the score works.

Part	Rule	Max
Material weaknesses	8 points each	24
Significant deficiencies	3 points each	9
Repeat findings	5 points each	15
Longest repeat chain	2 years 3, 3 years 6, 4 years 9, 5+ years 12	12
Modified major-program opinions	qualified 8 each; any adverse or disclaimer 15	15
Questioned costs	known amount of $25,000 or more, by share and dollars	15
Going concern	auditor included a going-concern paragraph	5
Prior-year lateness	prior-year audit late or not filed, scored only with a finding	5
Score		100

Federal funding, FY2024

$8,265,122 in federal awards spent, across 1 program. Largest funding agencies:

Agency	Spent
Department of Housing and Urban Development	$8,265,122

FY2024 audit

FAC record: 2024-12-GSAFAC-0000367015
Fiscal year end: December 31, 2024
Accepted by FAC: April 28, 2025
Federal spending: $8,265,122 · 1 program
Major programs: 1
Score: 0 of 100

No findings reported.

FY2023 audit

FAC record: 2023-12-GSAFAC-0000037870
Fiscal year end: December 31, 2023
Accepted by FAC: April 24, 2024
Federal spending: $7,753,507 · 1 program
Major programs: 1; qualified opinion on 1
Score: 11 of 100

Finding 2023-001

significant deficiencymodified opinion

Program: SECTION 8 PROJECT-BASED CLUSTER (14.195)
Compliance requirement: Eligibility
FAC record: FY2023 audit on fac.gov

Finding text from the filing

Finding No. 2023-1 Statement of Condition During the procedures applied to a sample of 25 tenant lease files, we noted 5 instances of noncompliance with HUD regulations regarding the maintenance of lease files. Criteria Management is responsible for determining tenant eligibility and maintaining lease files in accordance with HUD Handbook 4350.3, Occupancy Requirements of Subsidized Multifamily Housing Programs. Effect Noncompliance with HUD guidelines could result in units being rented to ineligible tenants or errors in the rent subsidies paid by HUD. Cause The project failed to follow the policies and procedures which have been established for proper tenant file maintenance in accordance with HUD guidelines. Recommendation Management should establish procedures and monitor compliance with those procedures to ensure that the determination of tenant eligibility and the maintenance of lease files are in accordance with guidelines specified by HUD. Auditor Noncompliance Code R – Section 8 program administration View of Responsible Officials Management agrees with the finding. Management will establish procedures and monitor compliance with those procedures to ensure that the determination of tenant eligibility and the maintenance of lease files are in accordance with guidelines specified by HUD.