Delaware State Housing Authority Single Audit FY25

… in Internal Controls over Compliance Compliance Requirement: Allowable Cost Condition: Reconciliation of the HAF client assistance expenditures for the year ended June 30, 2023, revealed approximately $290,000 of federal funds were held by a vendor …

… e 30, 2023, revealed approximately $290,000 of federal funds were held by a vendor contracted to process and disburse client assistance and were reported as federal expenditures. This amount had increased to $433,522 by October 26, 2023. The funds were …

… nts processed by the vendor on November 14, 2023. During the operation of the program, the vendor received refunds of client assistance that were not timely remitted to DSHA or utilized to fund assistance. Recommendation: We recommend DSHA review th …