We audited the Fairmont-Morgantown Housing Authority’s Housing Choice Voucher program because (1) we received a complaint alleging that the Authority did not follow program requirements, (2) the Authority administered 1,117 vouchers and received more than $5.2 million in funding for fiscal year 2016, and (3) we had not audited its program.  Our audit objectives were to determine whether the Authority ensured that its Housing Choice Voucher...

We audited the Fairmont-Morgantown Housing Authority’s Housing Choice Voucher program because (1) we received a complaint alleging that the Authority did not follow program requirements, (2) the Authority administered 1,117 vouchers and received more than $5.2 million in funding for fiscal year 2016, and (3) we had not audited its program.  Our audit objective was to determine whether the Authority adequately administered its Housing...

We audited the Virgin Islands Housing Authority’s Section 8 Housing Choice Voucher program’s housing quality standards as part of the activities in our fiscal year 2015 audit plan.  We selected the Authority because it had a large program receiving more than $14 million in 2014. Our audit objective was to determine whether the Authority’s inspection process adequately ensured that its units complied with housing quality standards. The...

We audited the New Hampshire Housing Finance Authority’s HOME Investment Partnerships Program based on a risk analysis of the Authority’s program that considered the amount of funding and the results of HUD monitoring reviews and because the Office of Inspector General had not reviewed the Authority’s HOME program within the past 10 years.  Our audit objective was to determine whether Authority officials administered the HOME program in...

We audited Virgin Islands Community AIDS Resource & Education, Inc.’s (VICARE) Housing Opportunities for Persons With AIDS (HOPWA) program.  This audit was the result of a referral from the San Juan Office of Community Planning and Development.  The objective of the audit was to determine whether VICARE spent HOPWA funds in accordance with the U.S. Department of Housing and Urban Development (HUD) requirements and for eligible...

We audited the Charleston-Kanawha Housing Authority’s Housing Choice Voucher program because (1) it received more than $13.7 million in program funding in fiscal year 2012, (2) it is the largest assisted housing agency in the State of West Virginia, and (3) we had never audited its Housing Choice Voucher program.  The audit objectives were to determine whether the Authority ensured that its Housing Choice Voucher program units met U.S....

We audited Mountain CAP of WV, Inc.’s administration of its Homelessness Prevention and Rapid Re-Housing Program funds. We selected Mountain CAP for audit because of a complaint alleging that controls over its disbursements were weak. Our audit objective was to determine whether Mountain CAP maintained proper financial management of and accountability for its program to ensure that it used the funds according to the American Recovery and...

We audited the West Virginia Housing Development Fund’s (Fund) Tax Credit Assistance Program (Program) funds awarded under the American Recovery and Reinvestment Act of 2009 (Recovery Act) due to a complaint from the Recovery and Transparency Board. We also audited the Fund’s Program because it was the only housing finance agency across the Nation that had not spent any of its Program funds. Our objective was to determine whether the Fund...

We audited New England Regional Mortgage Corporation (Corporation), a Federal Housing Administration (FHA) lender approved to underwrite and close mortgage loans without prior FHA review or approval. We selected the Corporation because its early payment default rate for insured single-family loans originated between January 1, 2008, and December 31, 2009, was significantly higher than the default rate in the local area in which it does business...

We completed our review of the New Hampshire Housing Finance Authority's (Authority) cost allocation, operating reserves, and technology expenditures. We initiated this survey at the request of the U.S. Department of Housing and Urban Development's (HUD) Office of Public Housing. Our objective was to determine whether the Authority properly allocated costs, maintained appropriate reserves, and managed its technology equipment and...