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...
Enero 06, 2008
Report
#2008-FW-1005
The State of Louisiana, Baton Rouge, Louisiana, Road Home Program, ICF, Did Not Always Provide Contract Deliverables as Required
The U.S. Department of Housing and Urban Development's Office of Inspector General audited the State of Louisiana's (State) Road Home program (Road Home) housing manager's performance under a contract worth more than $750 million. The State is a Community Development Block Grant (CDBG) disaster recovery grantee under the Department of Defense Appropriations Act of 2006. We initiated the audit in conjunction with the Office of...
Diciembre 18, 2007
Report
#2008-AO-1001
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...
Diciembre 17, 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...
Diciembre 04, 2007
Report
#2008-FW-1003
The Shreveport Housing Authority, Shreveport, Louisiana, Did Not Ensure That Section 8 Units Met Housing Quality Standards
We audited the Shreveport Housing Authority's (Authority) Section 8 Housing Choice Voucher (Section 8) program as part of our strategic plan. Our objective was to determine whether the Authority's Section 8 units met housing quality standards and if not, determine the extent, cause, and impact of its noncompliance on its Section 8 program.
The Authority did not have adequate management controls to ensure that it complied with U. S....
Noviembre 27, 2007
Report
#2008-FW-1002
Fallbrook Apartments', Houston, Texas, Owner and/or Management Agent Made Unauthorized Distributions of the Project's Funds
Julio 06, 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
Junio 08, 2007
Report
#2007-FW-1010
Countrywide Home Loans, Inc., Houston, Texas, Generally Complied with HUD Requirements in Originating FHA-Insured Single-Family Mortgages
Mayo 10, 2007
Report
#2007-FW-1009
Cityside Management Corporation, Hammond, Louisiana, Did Not Enforce The Lease Terms Over Payment of Property Utilities Files
Agosto 31, 2006
Report
#2006-AO-1002
Southwest Alliance of Asset Managers, LLC, Addison, Texas: Did Not Effectively Enforce the Lease Terms Over Payment of Property Utilities
Junio 23, 2006
Report
#2006-AO-1001
Cityside Management Corporation, Hammond, Louisiana, Did Not Enforce The Lease Terms Over Payment of Property Utilities
Enero 30, 2006
Report
#2006-NY-1002
American Property Financial, Nonsupervised Loan Correspondent, San Antonio, TX
We audited American Property Financial (American), a nonsupervised loan correspondent approved to originate Federal Housing Administration mortgage loans under the U.S. Department of Housing and Urban Development's (HUD) Single Family Direct Endorsement Program. American originated 83 Federal Housing Administration loans between February 1, 2002, and January 31, 2004. As of February 23, 2004, 14 of the 83 loans were in default status. Synergy...
Enero 27, 2005
Report
#2005-FW-1004