We audited the New Bedford Housing Authority’s (Authority) $9.9 million of the Public Housing Capital Fund Stimulus Formula and Competitive Grants (Recovery Act Funded). Our objective was to determine whether the Authority obligated and disbursed capital funds received under the Recovery Act according to the requirements of the act and applicable U.S. Department of Housing and Urban Development (HUD) rules and regulations.
The Authority generally administered its grants according to Recovery Act requirements and applicable HUD rules and regulations. This report does not contain recommendations and no further action is necessary with respect to our report.