Housing Authority of McKinney, McKinney, Texas, Inappropriately Advanced Funds and Transferred Real Estate to Its Not-for-Profit Affiliate
Based on a hotline complaint, we audited the Housing Authority of the City of McKinney (Authority). Our objective was to determine whether the Authority's transactions with its affiliated nonprofit, the McKinney Housing Opportunity Corporation (Corporation), complied with U.S. Department of Housing and Urban Development (HUD) requirements.
In violation of its annual contributions contract, the Authority inappropriately provided $915,487 in…
January 05, 2008
Report
#2008-FW-1005
Community Development Corporation of Brownsville, Brownsville, Texas, Did Not Use Its Housing Counseling Grants for the Intended Purpose
We audited the Community Development Corporation of Brownsville, Inc. (Corporation), at the request of the U. S. Department of Housing and Urban Development's (HUD) San Antonio Director of Community Planning and Development. Our objective was to determine whether the Corporation correctly charged administrative costs to its various federal funding sources. We expanded our objective to also determine whether the Corporation used housing…
December 16, 2007
Report
#2008-FW-1004
The Dallas Housing Authority, Dallas, Texas, Mismanaged its Portable Vouchers
As part of our strategic plan objective to assist the U. S. Department of Housing and Urban Development's (HUD) efforts to reduce rental assistance overpayments, we audited the portability features of the Dallas Housing Authority's (Authority) Housing Choice Voucher program. Our objective was to determine whether the Authority administered portability in accordance with HUD requirements.
The Authority mismanaged its portable vouchers and failed…
December 03, 2007
Report
#2008-FW-1003
The Newport News Redevelopment and Housing Authority, Newport News, Virginia, Did Not Effectively Operate Its Housing Choice Voucher Program
July 23, 2007
Report
#2007-PH-1009
Fallbrook Apartments', Houston, Texas, Owner and/or Management Agent Made Unauthorized Distributions of the Project's Funds
July 05, 2007
Report
#2007-FW-1012
Alethes Mortgage, LLC, and Its Dallas, Texas, Branch, Waters Edge Mortgage, LLC, Did Not Comply with All HUD Underwriting Requirements
June 07, 2007
Report
#2007-FW-1010
The Newport News Redevelopment and Housing Authority, Newport News, Virginia, Did Not Always Follow HUD Requirements
February 18, 2007
Report
#2007-PH-1005
Southwest Alliance of Asset Managers, LLC, Addison, Texas: Did Not Effectively Enforce the Lease Terms Over Payment of Property Utilities
June 22, 2006
Report
#2006-AO-1001