The Housing Authority of the Sac and Fox Nation of Oklahoma, Shawnee, OK, Did Not Demonstrate the Administrative Capacity To Appropriately Expend Its Recovery Act Funding
We audited the Housing Authority of the Sac and Fox Nation of Oklahoma’s (Authority) American Recovery and Reinvestment Act of 2009 (Recovery Act) funds. The objective was to determine whether the Authority had the capacity to use its Recovery Act funds in accordance with U. S. Department of Housing and Urban Development requirements. We reviewed the Authority because of concerns identified in a previous audit of the Authority. The Authority...
Mayo 13, 2010
Report
#2010-FW-1003
The Housing Authority of the Sac and Fox Nation of Oklahoma, Shawnee, Oklahoma, Improperly Spent More Than $800,000 in Contracts and Did Not Always Operate in Accordance with HUD Rules and Regulations or Its Own Policies
We audited the Housing Authority of the Sac and Fox Nation of Oklahoma (Authority) due to a U. S. Department of Housing and Urban Development (HUD) request. Our objective was to determine whether the Authority expended its Indian Housing Block Grant (grant) program funds in accordance with HUD rules and regulations.
While the Authority has improved since HUD’s fiscal year 2006 monitoring review, it still needs additional improvement. Because...
Enero 19, 2010
Report
#2010-FW-1002
Cypress Ridge Apartments, Oklahoma City, Oklahoma, Owner's Agent Received and Paid More Than $742,000 Contrary to HUD and Regulatory Requirements
In response to a request from the U. S. Department of Housing and Urban Development (HUD), we audited Cypress Ridge Apartments' use of HUD-insured mortgage loan proceeds and property operating funds governed by a regulatory agreement. William Commercial Property Management (agent) was the management agent and general contractor for the multifamily rehabilitation project under taken with funding insured under Section 221 (d)(4) of the...
Julio 30, 2009
Report
#2009-FW-1014
Harry Mortgage Company, Oklahoma City, Oklahoma, Overstated the Financial Wherewithal of the Owner and General Contractor and Overestimated the Qualifications of the General Contractor When Underwriting the Cypress Ridge Apartments' $5.87 Million Loan und
In response to requests from the U. S. Department of Housing and Urban Development (HUD) and Senator James Inhofe, we audited the property owner's application and the loan processing and underwriting of the HUD-insured mortgage loan to Greystone Apartments, Inc., for Cypress Ridge Apartments. Harry Mortgage Company, the lender, processed and recommended loan approval under the multifamily accelerated processing (MAP) program.
The audit...
Junio 26, 2009
Report
#2009-FW-1010
The City of Tulsa, Oklahoma Allowed Its Largest Subrecipient to Expend $1.5 Million in Unsupported CDBG Funding
We audited the City of Tulsa's (City) Community Development Block Grant (CDBG) program due to a departmental request. Our initial objective was to determine whether the City expended CDBG funds in accordance with U. S. Department of Housing and Urban Development (HUD) rules and regulations. Based upon the initial results, we modified the objective to determine whether the City ensured that its largest subrecipient, the Tulsa Development...
Agosto 04, 2008
Report
#2008-FW-1012
The Housing Authorities of the City of Konawa, City of Langston, City of Pauls Valley, City of Wynnewood, Town of Cheyenne, and Caddo Electric Cooperative Improperly Awarded Their Management Contracts and Did Not Manage Certain Operations or Administer Fu
At the request of HUD, we audited Green River Management, Inc., (Green River) which managed the Housing Authorities of the City of Konawa, City of Langston, City of Pauls Valley, City of Wynnewood, Town of Cheyenne, and Caddo Electric Cooperative. Our objective was to determine whether the housing authorities appropriately procured Green River as their management agent, maintained properties, and carried out their financial responsibilities in...
Octubre 26, 2007
Report
#2008-FW-1001