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GNMA Financial Crisis Readiness

HUD OIG is reviewing GNMA’s financial crisis readiness program. To ensure its mission, GNMA must be prepared for a broad range of crises, including financial crises, that could impact itself or its issuers. Our objective is to determine whether GNMA implemented a financial crisis readiness program that met industry best practices.

Fiscal Year 2022 Federal Information Security Modernization Act (FISMA) of 2014 Evaluation

HUD OIG is conducting the Fiscal Year (FY) 2022 evaluation of the HUD's information security program and practices, as required by the Federal Information Security Modernization Act (FISMA) of 2014. The objectives are to (1) assess the maturity level of HUD's information security policies and procedures, (2) prepare responses for the core Inspector General (IG) FISMA reporting metrics, and (3) test and verify the technical implementation of a limited set of security controls on a selection of HUD information systems and appplications.

The Buffalo Municipal Housing Authority, Buffalo, NY, Needs To Improve Its Management of the Commodore Perry Homes Development To Address Longstanding Concerns

We audited the Buffalo Municipal Housing Authority’s management of its Commodore Perry Homes development.  We selected the Authority based on congressional interest.  Half of the development’s buildings were demolished more than 20 years ago, and the majority of the remaining buildings and units have been vacant for years without redevelopment activity.  The objective of the audit was to determine whether the Authority properly managed its Commodore Perry Homes development.  Our work focused on the period beginning in July 2013.