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6.A. - Page 22 of 52 <br />Redwood <br />CityI California <br />i kundedlB6l <br />\\ i <br />City of Redwood City <br />Corrective Action Plan <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br />(6S0) 780-7072 <br />Fax (6S0) 780-7225 <br />Independent Auditor's Report on Compliance for Each Major Program and on Internal <br />Control Over Compliance Required by the Uniform Guidance <br />June 30, 2019 <br />FEDERAL AWARD FINDING — CURRENT FISCAL YEAR <br />Finding Reference Number: SA2019-001 Monitoring CDBG Program Activities for Compliance with Program <br />Rules & Regulations <br />CFDA Number: 14.218 <br />Federal Agency: Community Development Block Grants/Entitlement Grants (CDBG) <br />• Name(s) of the contact person: Alin Lancaster, Housing Leadership Manager, and Derek Rampone, <br />Financial Services Manager <br />• Corrective Action Plan: <br />• Finding One - On February 6, 2020, the City issued a check in the amount of $1,565.63 to <br />HUD for the overcharge related to the audit fee for the Single Audit for FY 2015-16. On <br />March 26, 2020, the City wired $4,061.43 to HUD for the overcharges related to the audit <br />fee for the Single Audit for FY 2016-17 and FY 2017-18. Please note that all audit fees are <br />paid in the subsequent fiscal year (audit fee for the Single Audit for FY 2017-18 is paid in FY <br />2018-19.) <br />• Finding Two — The City will execute an agreement addendum to establish a stand-alone <br />HOME written agreement that includes sufficient detail and all of the following provisions <br />listed below. The City is already working with HIP Housing Development Corporation <br />(HHDC), the project's owner and developer, to address this finding and plans to have a <br />stand-alone HOME agreement executed by June 30, 2020. <br />• Use of HOME Funds Enforcement of the Agreement (2 <br />• Affordability Period (§92.252) CFR 200.338 and 2 CFR 200.339) <br />• Project Requirements (Subpart F) Duration of the Agreement <br />• Property Standards (§92.251 and Conditions for Religious <br />§92.355) Organizations (§92.257) <br />• Federal Requirements CHDO Provisions (§92.300) <br />• Affirmative Marketing (§92.351) Description of the Project <br />• Request for Disbursement of Funds • Roles and Responsibilities <br />• Records and Reports 0 Performance Standards <br />• Monitoring • Conflict of Interest <br />• Closeout Requirements <br />