We audited the Federal Housing Administration (FHA), Office of Asset Sales’ U.S. Department of Housing and Urban Development (HUD)-Held Vacant Loan Sales (HVLS) program.  The audit objective was to assess the extent to which HUD achieved its mission objectives for a 2022 vacant loan sale.  We noted deficiencies in 52 of 53 HUD-approved applications within the reviewed vacant loan sale.  These deficiencies occurred in transactions for all seven purchasers that purchased loans in the sales.

While conducting our annual audit of the U.S. Department of Housing and Urban Development’s (HUD or Department) compliance with the Payment Integrity and Information Act, HUD’s Office of the Chief Financial Officer (OCFO) informed my office that the Department will once again be unable to estimate improper payments for the Office of Public and Indian Housing’s Tenant-Based Rental Assistance (PIH-TBRA) program and the Office of Multifamily Housing Programs’ Project-Based Rental Assistance (PBRA) program for fiscal year (FY) 2023.

As required by the Charge Card Abuse Prevention Act of 2012, Public Law 112-194, we performed risk assessments of the U.S.

In response to the wide-reaching impacts of the COVID-19 pandemic, the federal government provided more than $5 trillion in emergency relief across more than 500 government programs to help individuals, businesses, and state, local, Tribal, and territorial governments respond to the pandemic. To learn how communities across the nation responded to the pandemic, we initiated a multi-part review of six communities.