What We Audited and Why We audited the Commonwealth of Virginia's (Commonwealth) HOME Investment Partnerships program (HOME as part of our fiscal year 2006 annual audit plan. Our audit objective was to determine whether the Commonwealth's Department of Housing and Community Development was properly administering its HOME program. What We Found The Commonwealth did not ensure that HOME funds were disbursed and used in accordance with...

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...

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. ...

What We Audited and Why We completed an audit of the Corporación para el Fomento Económico de la Ciudad Capital (Corporation) independent capital fund. The review was initiated in response to a request from the Department of Housing and Urban Development's (HUD) San Juan Office of Community Planning and Development, which was not satisfied with the Corporation's overall performance in administering its independent capital fund. HUD's...