Single audits filed with the Federal Audit Clearinghouse
$4.9M in federal awards expended in FY2023
Year
Federal $ expended
Auditor
Opinion
Flags
2023
$4.9M
Novogradac & Company LLP
Unmodified (clean)
Material noncompliance
2022
$5.0M
Novogradac & Company LLP
Unmodified (clean)
Federal Programs
Top programs · FY2023
Program
Agency
Expended
Major program
Findings
Low Income Housing Preservation and Resident Homeownership ACT of 1990 - Capital Grant
HUD
$2.3M
Yes
2
Mortgage Insurance Rental and Cooperative Housing for Moderate Income Families and Elderly, Market Interest Rate
HUD
$1.8M
Yes
2
Project-Based Rental Assistance (pbra)
HUD
$429K
No
0
Home Investment Partnerships Program
via The City of Gresham
HUD
$400K
No
0
Audit Findings
FY2023 · auditor's own text
2023-003EligibilitySignificant deficiency
Finding No. 2023-003
Condition – In September 2023, HUD suspended its HAP subsidy to the Organization due to
noncompliance regarding the tenant recertifications requirements under the HAP Contract.
Criteria – Occupancy personnel are expected to have a strong knowledge of the vari…
2023-003EligibilitySignificant deficiency
Finding No. 2023-003
Condition – In September 2023, HUD suspended its HAP subsidy to the Organization due to
noncompliance regarding the tenant recertifications requirements under the HAP Contract.
Criteria – Occupancy personnel are expected to have a strong knowledge of the vari…
2023-002EligibilitySignificant deficiency
Finding No. 2023-002
Condition – As of December 13, 2024, management was unable to provide tenant income documents for
2 tenant files of 7 tenant files sampled out of the population (66 total tenant files).
Management was unable to provide tenant security deposit documents for al…
2023-002EligibilitySignificant deficiency
Finding No. 2023-002
Condition – As of December 13, 2024, management was unable to provide tenant income documents for
2 tenant files of 7 tenant files sampled out of the population (66 total tenant files).
Management was unable to provide tenant security deposit documents for al…
Source: Federal Audit Clearinghouse single audits (required of organizations expending $1,000,000+ in federal awards per year for fiscal years beginning on or after Oct 1, 2024; $750,000 before).