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New Rochelle Municipal Housing Authority, New Rochelle, NY, Had Weaknesses in Its Self-Sufficiency Grant Programs
We audited the New Rochelle Municipal Housing Authority’s (Authority) administration of its Resident Opportunities and Self-Sufficiency (ROSS) and Housing Choice Voucher Family Self-Sufficiency grant programs as part of the Office of Inspector General’s (OIG) strategic plan goals to improve the U. Read More
April 06, 2010
Report
#2010-NY-1011
The New York City Housing Authority Had the Capacity to Administer Capital Funds Provided Under the American Recovery and Reinvestment
We performed a review of the New York City Housing Authority’s (Authority) capacity to administer the approximately $423 million in capital funds awarded under the American Recovery and Reinvestment Act of 2009 (Recovery Act) in support of the Office of Inspector General’s (OIG) goal to report on Read More
March 10, 2010
Memorandum
#2010-NY-1803
The Omaha, Nebraska Housing Authority Did Not Comply With Recovery Act Requirements When Reporting on Recovery Act Capital Funds
The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General audited the Omaha Nebraska Housing Authority (Authority) to determine whether the Authority (1) obligated Recovery Act grant funds in accordance with Recovery Act requirements and applicable U.S. Department of Read More
September 29, 2010
Report
#2010-KC-1009
The Other Place, Inc., Dayton, OH, Needs To Improve the Administration of Its Homelessness Prevention and Rapid Re-Housing Program Under the American Recovery and Reinvestment Act of 2009
The U.S. Department of Housing and Urban Development’s (HUD) Office of Inspector General audited The Other Place, Inc.’s (The Other Place) use of the American Recovery and Reinvestment Act of 2009’s (Act) Homelessness Prevention and Rapid Re-Housing Program (program) funds. The Other Place was Read More
April 29, 2010
Report
#2010-CH-1006
Residential Home Funding Corporation, Gaithersburg, MD, Did not Always Comply With HUD Requirements in Origination FHA-Insured Single-Family Loans
We audited Residential Home Funding Corporation, a nonsupervised lender approved to originate Federal Housing Administration (FHA) single-family mortgage loans. Residential Home Funding Corporation has one office located in Gaithersburg, Maryland. We selected Residential Home Funding Corporation Read More
January 19, 2010
Report
#2010-PH-1004
Security Atlantic Mortgage Company, Inc., Edison, NJ, Did Not Properly Underwrite a Selection of FHA Loans
We conducted a review of Federal Housing Administration (FHA) loans underwritten by Security Atlantic Mortgage Company, Inc. (Security Atlantic), an FHA direct endorsement lender. This review was conducted as part of the Office of Inspector General’s (OIG) Operation Watchdog initiative to review Read More
September 21, 2010
Memorandum
#2010-NY-1806
Somerset Investors Corporation, Melville, NY, Did Not Always Comply With HUD/FHA Loan Underwriting Requirements
We audited Somerset Investors Corporation (Somerset), dba Somerset Mortgage Bankers, a Federal Housing Administration (FHA)-approved direct endorsement lender located in Melville, NY. The audit objectives were to determine whether Somerset (1) originated FHA-insured refinanced loans in accordance Read More
March 25, 2010
Report
#2010-NY-1009
The South Bronx Community Management Co., Inc., Bronx, New York, Had Weaknesses in Its Administration of the Project Maria Isabel
We audited the management agent operations of the South Bronx Community Management Co., Inc. (agent), as they relate to the administration of the U.S. Department of Housing and Urban Development (HUD)-Section 202 direct loan for elderly and handicapped housing project Maria Isabel at the request Read More
November 02, 2009
Report
#2010-NY-1003
The State of Maine’s Department of Economic and Community Development, Office of Community Development, Has Sufficient Capacity To Effectively Administer Its Neighborhood Stabilization Program
In accordance with our goal to review and ensure the proper administration of Neighborhood Stabilization Program (NSP) funds provided under the Housing and Economic Recovery Act of 2008 (HERA) and/or the American Recovery and Reinvestment Act of 2009 (ARRA), we conducted a capacity review of the Read More
December 14, 2009
Memorandum
#2010-BO-1802
The State of Massachusetts, Department of Housing and Community Development, Boston, MA Properly Administered Its Section 8 Project Based Voucher Program
We audited the Section 8 Project-Based Voucher program operated by the State of Massachusetts, Department of Housing and Community Development (DHCD), as part of our annual audit plan. Our objective was to determine whether the DHCD properly administered its Project-Based Voucher program in Read More
December 15, 2009
Report
#2010-BO-1003
Sterling National Mortgage Company, Inc., Great Neck, NY, Did Not Properly Underwrite a Selection of FHA Loans
We conducted a review of Federal Housing Administration (FHA) loans underwritten by Sterling National Mortgage Company, Inc. (Sterling), an FHA direct endorsement lender. The review was conducted as part of the Office of Inspector General’s (OIG) Operation Watchdog initiative to review the Read More
September 29, 2010
Memorandum
#2010-NY-1809
The Waltham Housing Authority, Waltham, MA, Needs To Improve Controls Over Its Interprogram Fund Transactions, Procurement, and Travel for Its Housing Choice Voucher
We conducted this audit as part of the Office of Inspector General’s (OIG) annual goals for audits of the Section 8 Housing Choice Voucher (Voucher) and low-income public housing (low-income) programs. Our audit objective was to determine whether the Waltham Housing Authority (Authority) employed Read More
July 26, 2010
Report
#2010-BO-1006
Wayne County, MI, Needs To Improve Its Capacity to Effectively and Efficiently Administer Its Neighborhood Stabilization Program
The U.S. Department of Housing and Urban Development’s (HUD) Office of Inspector General reviewed Wayne County’s (County) Neighborhood Stabilization Program (Program). The review was part of the activities in our fiscal year 2009 annual audit plan. We selected the County based upon a request from Read More
January 10, 2010
Memorandum
#2010-CH-1801
The Wilmington Housing Authority of Wilmington, NC, Misused Federal Funds in the Purchase of Two Properties
HUD OIG performed a review of selected transactions at the Wilmington Housing Authority (Authority) in conjunction with our review of a citizen’s hotline complaint. Among other concerns, the complainant alleged that the Authority misused U.S. Department of Housing and Urban Development (HUD) Read More
May 18, 2010
Memorandum
#2010-AT-1805
1st Advantage Mortgage, LLC, Lombard, IL, Did Not Properly Underwrite a Selection of FHA Loans
The U.S. Department of Housing and Urban Development's Office of Inspector General reviewed 20 Federal Housing Administration (FHA) loans that 1st Advantage Mortgage, LLC (1st Advantage), underwrote as an FHA direct endorsement lender. Our review objective was to determine whether 1st Advantage Read More
July 14, 2010
Memorandum
#2010-CH-1806
Access National Mortgage Corporation, Denver, CO, Did Not Follow HUD Requirements When Submitting Two of Its Loans for Endorsement
The U.S. Department of Housing and Urban Development’s (HUD) Office of Inspector General audited Access National Mortgage Corporation (Access National) to determine whether it complied with HUD regulations, procedures, and instructions in originating, underwriting, and submitting for endorsement Read More
July 01, 2010
Report
#2010-DE-1004
The City of Atlanta, GA, Needs To Improve Certain Aspects of Its NSP To Meet the Program’s 18-Month Obligation Deadline
The City of Atlanta (City) received a $12.3 million Neighborhood Stabilization Program (NSP) grant from HUD that was authorized under Title III of the Housing and Economic Recovery Act. Also, the City applied for an additional $57.9 million in NSP funds under the American Recovery and Read More
December 12, 2009
Memorandum
#2010-AT-1802
The City of Augusta, GA, Demonstrated the Capacity To Obligate Its NSP1
The U.S. Department of Housing and Urban Development's (HUD) Office of Inspector General conducted a review of the City of Augusta, GA’s (City) Neighborhood Stabilization Program (NSP1) to determine whether the City had demonstrated the capacity to properly obligate all NSP1 grant funds and at Read More
September 23, 2010
Memorandum
#2010-AT-1806
City and County of Denver, CO, Did Not Properly Obligate and Report NSP I Funding
The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General, audited the City and County of Denver’s (City) Neighborhood Stabilization Program I (NSP I). We selected the City for review based on our risk assessment considering the amount of Housing and Economic Read More
September 16, 2010
Report
#2010-DE-1006
The City of East St. Louis Awarded Block Grant Program Funds to Recipients Without Adequately Verifying Their Eligibility
The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General audited the City of East St. Louis, Illinois’ (City) Community Development Block Grant (Block Grant) program. Our objective was to determine whether the City properly verified the eligibility of Block Grant- Read More
September 27, 2010
Report
#2010-KC-1008