Solis Gardens Apartments Was Not Properly Managed in Accordance with HUD Requirements or Its Regulatory Agreement
We audited Solis Gardens Apartments’ management of its HUD-insured Section 207/223(f) multifamily property as part of our annual work plan. The owner of Solis Garden Apartments manages 62 units in accordance with HUD requirements and its regulatory agreement which includes restrictions on the use of project funds and assets. We selected Solis Gardens Apartments for an audit based on risk indicators, such as surplus cash deficiencies…
June 16, 2026
Report
#2026-BO-1001