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Management of a Maryland Federal Housing Administration (FHA)-Insured Multifamily Property

HUD OIG is reviewing a Federal Housing Administration (FHA)-insured multifamily property in Maryland.  The property owner manages units in accordance with its regulatory agreement which includes restrictions on the use of project funds and assets.  Our objective is to determine whether the property was managed in accordance with its regulatory agreement.

HUD's Inventory Management System/PIH Information Center (IMS/PIC) Fatal Errors- Housing Choice Voucher Program

HUD OIG is auditing HUD's Inventory Management System/PIH Information Center (IMS/PIC) fatal errors related to its Housing Choice Voucher (HCV) program. Fatal errors, which result from inaccurate or incomplete data, are serious in nature and prevent PHAs from submitting data from HUD form 50058 into IMS/PIC. Our audit objective is to determine the extent and impact of IMS/PIC identified fatal errors on public housing agencies’ (PHA) Housing Choice Voucher Programs.

Management of a California Federal Housing Administration (FHA)-Insured Multifamily Property

HUD OIG is reviewing a Federal Housing Administration (FHA)-insured multifamily property in California. The property owner manages units in accordance with its regulatory agreement which includes restrictions on the use of project funds and assets. Our objective is to determine whether the property was managed in accordance with its regulatory agreement.

Neighborhood Loans, Inc. Did Not Have a Sufficient Quality Control Program for FHA-Insured Loans

We audited Neighborhood Loans, Inc., to evaluate its quality control (QC) program for originating and underwriting Single Family FHA-insured loans. Our audit covered the period October 2020 through September 2022.  We selected Neighborhood Loans for review based on its increasing loan volume and delinquency rate and because its rate of self-reporting loans to HUD when it identified fraud, material misrepresentations, and other material findings that it could not mitigate was below average for 5 of the last 6 years.

Improper Payment Estimate for HUD's Multifamily Project Based Rental Assistance (MF-PBRA) Program

HUD OIG is initiating an audit to estimate improper payments in HUD’s Project-Based Assistance program (PBRA) under the Office of Multi-Family Housing (MF). HUD has not been able to perform an estimate of this program as required by the Payment Integrity Information Act (PIIA) of 2019 for the last 8 years. Our objective is to determine whether a sample of housing assistance payments (HAP) in the MF-PBRA program are proper; if improper, then we will estimate the total improper and unknown payments. 

 

HUD's Office of Public and Indian Housing Needs to Improve Its Oversight of Non-FHA-Insured PBV Projects Converted Under RAD

We audited the U.S. Department of Housing and Urban Development (HUD) to determine whether HUD had adequate oversight of the physical condition of the public housing units that converted to non-Federal Housing Administration (FHA)-insured project-based vouchers (PBV) under RAD.