The Housing Authority of the City of Elizabeth, Elizabeth, NJ, Had Weaknesses in Its Capital Fund Program's Financial Controls
We audited the Housing Authority of the City of Elizabeth, New Jersey’s, (Authority) administration of its capital fund program (CFP) in support of the U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General’s (OIG) goal to contribute to improving HUD’s execution and accountability of fiscal responsibilities. The audit objectives were to determine whether Authority officials (1) obligated and expended capital funds...
Agosto 04, 2011
Report
#2011-NY-1011
The Irvington Housing Authority, Irvington, NJ, Did Not Administer Its Capital Fund Programs in Accordance With HUD Regulations
We conducted an audit of the Irvington Housing Authority’s (Authority) Capital Fund programs. The audit objectives were to determine whether Authority officials (1) obligated and expended its Capital Funds in accordance with U.S. Department of Housing and Urban Development (HUD) regulations, (2) had a financial management system in place that complied with program requirements and (3) whether the allegations in an anonymous complaint could be...
Noviembre 23, 2010
Report
#2011-NY-1003
Assurity Financial Services, LLC, Englewood, CO, Did Not Properly Underwrite a Selection of FHA Loans
We performed a review of 20 Federal Housing Administration (FHA) loans underwritten by Assurity Financial Services, LLC (Assurity). Our review objective was to determine whether Assurity underwrote the 20 loans in accordance with Federal Housing Administration (FHA) requirements. This review is part of Operation Watchdog, an Office of Inspector General (OIG) initiative to review the underwriting of 15 direct endorsement lenders at the...
Agosto 05, 2010
Memorandum
#2010-LA-1804
The Adams County, Colorado, Did Not Comply with HOME Investment Partnerships Program Regulations
The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General, audited Adams County, Colorado's HOME Investment Partnerships Program (HOME) to determine whether Adams County appropriately spent and accounted for HOME funds and maintained supporting documentation for its matching contributions reported to HUD.
Adams County inappropriately spent or could not support more than $2.1 million in HOME funds. Specifically...
Febrero 10, 2009
Report
#2009-DE-1001
Holyoke Housing Authority's, Holyoke, Massachusetts, Lack of Management Controls Resulted in Section 8 Units Not Meeting Housing Quality Standards
Attached is the report on our audit of the Holyoke Housing Authority's (Authority) Section 8 Housing Choice Voucher (Section 8) program , Audit Report Number 2008-BO-1002, dated November 26, 2007. We audited the Holyoke Housing Authority's (Authority) Section 8 Housing Choice Voucher (Section 8) program as part of our fiscal year 2007 audit plan. Our objectives were to determine whether the Authority's Section 8 housing units met...
Noviembre 25, 2007
Report
#2008-BO-1002
The City of Chicopee, Massachusetts, Did Not Properly Administer More Than $4.3 Million in Community Development Block Grant Funds
We audited of the City of Chicopee, Massachusetts (City), Office of Community Development's administration of its Community Development Block Grant (CDBG) program. The objectives of the audit were to evaluate the City's administration of its public facilities and improvement activities funded through the CDBG program and its oversight and monitoring of CDBG funds it provided to the City's Parks and Recreation Department and...
Noviembre 06, 2007
Report
#2008-BO-1001