The Offices of Audit and Evaluation supervise and conduct independent and objective audits, evaluations, and other reviews of U.S. Department of Housing and Urban Development (HUD) programs and activities to ensure they operate economically, efficiently, and effectively. This page contains links to our audit and evaluation reports and memoranda.
HUD May Be Able To Improve Its Cash Flow Model To Estimate and Reestimate the Credit Subsidy for Cohorts of Mortgages Within the Section 232 Program
We audited the risk to the U.S. Department of Housing and Urban Development’s (HUD) General Insurance-Special Risk Insurance (GI-SRI) Fund based on our ongoing effort regarding HUD-insured Section 232 mortgages. Our objective was to determine whether HUD used financial and credit history variables for its cash flow model used to estimate and reestimate the credit subsidy for the cohorts of mortgages within the Section 232…
March 20, 2020
Report
#2020-CH-0002
Kankakee County Housing Authority Low-Rent Housing Program, Kankakee, IL
We audited the Kankakee County Housing Authority's (Authority) Low-Rent Housing Program. The audit was conducted in response to a citizen's complaint to our office and was part of our comprehensive audit of the Authority. The object of our audit was to determine whether the Authority administered its Low-Rent Housing program in an efficient and effective manner. We determined whether the Authority had adequate procedures and controls…
April 08, 2005
Report
#2005-CH-1010
Kankakee County Housing Authority Section 8 Housing Program
We completed an audit of the Kankakee Count Housing Authority's Section 8 Housing Program. The audit was conducted based upon a citizen's complaint to our Office. The objectives of our audit were to determine where the Authority: (1) administered its Section 8 Program in an efficient and effective manner; and (2) provided decent, safe, and sanitary housing for its Section 8 tenants. This audit is part of our on-going comprehensive…
November 26, 2003
Report
#2004-CH-1001