Assessing HUD's Office of Single Family Efforts to Increase the Supply of Affordable Housing | Office of Inspector General, Department of Housing and Urban Development

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Title	Announced	Priority Area	Program Area	State
Assessing HUD's Office of Single Family Efforts to Increase the Supply of Affordable Housing	11/2024	Creating Access to Affordable Housing	Housing	All

Summary

HUD OIG is auditing HUD's efforts to increase the supply of affordable housing. To increase the affordable housing supply, HUD's Office of Single Family expanded the exclusive listing period to 30 days to increase the time owner-occupants, HUD-approved nonprofits, and governmental entities can view and bid on properties without competing with investor purchasers. Our audit objective is to determine whether HUD met intended outcomes to increase the supply of affordable housing to owner occupants, governmental entities, and HUD-approved non-profits by expanding the exclusive listing periods in its Real Estate Owned properties and Claims Without Conveyance of Title program.