This is the tenth report in our ongoing audits of the Lower Manhattan Development Corporation's (the auditee) administration of the Community Development Block Grant Disaster Recovery Assistance funds provided to the State of New York. During our audit period, April 1, 2007, through September 30, 2007, the auditee disbursed approximately $132.7 million of the $2.783 billion funds appropriated. The objectives of this audit were to determine…

We completed an audit of Richard A. Hutchens and Associates (agent) pertaining to its management of the financial operations of Cayuga Village and Touraine Apartments. The objectives of our audit were to determine whether the agent used project funds in accordance with the regulatory agreement and HUD requirements. Specifically, to determine whether the agent (1) provided adequate documentation to support the reasonableness of payments made to…

We completed an audit of the City of New Rochelle, located in New Rochelle, New York, in order to evaluate its administration of the HOME Investment Partnerships Program (HOME). The objectives of the audit were to determine whether the City of New Rochelle (1) committed and expended HOME funds in accordance with HUD rules and regulations, (2) disbursed funds for only eligible activities, and (3) used funds for eligible administrative and…

During the ninth in our series of on-going audits of the Lower Manhattan Development Corporation's (LMDC) administration of the $2.783 billion of Community Development Block Grant Disaster Recovery Assistance funds provided to the State of New York following the September 11, 2001, terrorist attacks on the World Trade Center in New York City, we noted that the final action plan approved by the U.S. Department of Housing and Urban…

HUD OIG performed the ninth of the ongoing audits of the Lower Manhattan Development Corporation’s (LMDC’s) administration of the Community Development Block Grant (Block Grant) Disaster Recovery Assistance funds provided to the State of New York following the September 11, 2001, terrorist attacks on the World Trade Center in New York City.  HUD has allocated $2.783 billion in Disaster Recovery Assistance funds to the LMDC.  OIG’s…

During the eighth in our series of ongoing audits of the Lower Manhattan Development Corporation's (LMDC) administration of the $2.783 billion in Community Development Block Grant Disaster Recovery Assistance funds provided to the State of New York following the September 11, 2001, terrorist attacks on the World Trade Center in New York City, we identified a concern about whether certain activities, for which funds have been disbursed and…

"HUD OIG performed the seventh of the ongoing audits of the Lower Manhattan Development Corporation’s (LMDC’s) administration of the $2.783 billion in Community Development Block Grant (Block Grant) Disaster Recovery Assistance funds provided to the State of New York following the September 11, 2001, terrorist attacks on the World Trade Center in New York City.  HUD OIG’s audit objectives were to determine whether the LMDC (1) disbursed…

HUD OIG audited the 2004 Community Development Block Grant disaster recovery funds provided to the State of Florida (State). We selected this grant for review based on risk factors associated with fraud, waste and abuse.  HUD OIG's audit objectives were to determine whether the State (1) awarded and disbursed disaster recovery funds in accordance with HUD requirements and (2) implemented adequate procedures for monitoring the projects…

HUD OIG performed the sixth of the ongoing audits of the Lower Manhattan Development Corporation’s (LMDC’s) administration of the Community Development Block Grant (Block Grant) Disaster Recovery Assistance funds provided to the State of New York following the September 11, 2001, terrorist attacks on the World Trade Center in New York City.  HUD has allocated $2.783 billion in Disaster Recovery Assistance funds to the LMDC.  OIG’s…