To: Contra Costa County Housing Authority Board of Commissioners
From: Joseph Villarreal, Executive Director
Report Title: Financial and Program Audit for Fiscal Year Ending March 31, 2025
?Recommendation of the County Administrator ? Recommendation of Board Committee
RECOMMENDATIONS:
ACCEPT the financial and program compliance audit report for the period April 1, 2024, through March 31, 2025, prepared by Novogradac & Company LLP, Toms River, New Jersey.
BACKGROUND:
The U. S. Department of Housing & Urban Development (HUD) requires every housing authority to have an annual independent audit conducted of its financial statements and business activities as well as of compliance with program requirements for the Public Housing, Housing Choice Voucher, Mainstream Voucher, Emergency Housing Voucher and Continuum of Care programs. HACCC contracted with Novogradac & Company LLP to prepare the audit report for the fiscal year ending March 31, 2025.
Novogradac & Company LLP's audit identified no findings in the financial statement portion of the audit, but one finding in the program compliance portion of the audit. The finding is:
Finding 2025-001: In the Housing Choice Voucher program, tenant files must contain many documents, but in the sixty-nine (69) tenant files that were sampled there were fifteen (15) instances of a missing document.
On June 22, 2026, HUD closed out this finding.
The complete audit is attached as are the communications between HACCC and HUD that led to the audit closeout.
FISCAL IMPACT:
None. Information item. Funding was provided for the audit contract in the Housing Authority of the County of Contra Costa's (HACCC) Fiscal Year 2024-2025 Annual Agency Budget.
CONSEQUENCE OF NEGATIVE ACTION:
Should the Board of Commissioners elect not to accept the financial audit report as performed by the certified public accountancy firm of Novogradac & Company LLP, it would become necessary to expend additional funds to either redo the financial audit...
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