Buscar

HUD OIG is auditing HUD's oversight of the physical conditions of public housing developments.

The U.S.

HUD OIG is conducting a review of a nationwide mortgage servicing company that provides servicing and origination for FHA loans. In the summer of 2021, FHA introduced new recovery loss mitigation options for borrowers exiting forbearance, which will provide a path to deep and sustained recovery for borrowers who were significantly impacted by the pandemic by reinstating their loans from a delinquent to current status.

HUD OIG is conducting an audit of COVID-19 loss mitigation. In the summer of 2021, FHA introduced new recovery loss mitigation options for borrowers exiting forbearance, which will provide a path to deep and sustained recovery for borrowers who were significantly impacted by the pandemic by reinstating their loans from a delinquent to current status.

HUD OIG is auditing the Office of Multifamily Housing’s controlling participation of Section 8 Project-Based Rental Assistance.  Specifically, we are looking at HUD’s approval of controlling participants for ownership in Multifamily Section 8 properties.  The audit objective is to determine whether HUD has approved poor performing controlling participants for additional properties.

HUD OIG is auditing HUD's Office of Single-Family Housing - Federal Housing Administration (FHA) program partly in response to media reports which have highlighted instances when lenders did not properly administer the COVID-19 forbearance options.  The audit objective is to determine whether FHA insured borrowers properly received the CARES Act forbearance options.

HUD OIG is reviewing HUD's Fostering Youth to Independence (FYI) initiative.  The FYI initiative makes Housing Choice Voucher assistance available to Public Housing Agencies in partnership with Public Child Welfare Agencies.  The review objective is to determine the effectiveness of the FYI initiative in preventing and ending youth homelessness.

HUD OIG is conducting a limited review of HUD's administration of supplemental operating funds under the CARES Act.  The CARES Act authorized an additional $685 million in public housing operating funds to prevent, prepare for, and respond to COVID-19.

HUD OIG is conducting an audit to assess the Department's assurance of public housing agencies processing of reasonable accommodation requests.  Reasonable accommodations are an essential tool to protect the housing rights of tenants with disabilities.

HUD OIG is auditing HUD's Section 8 Management Assessment Program (SEMAP).  HUD uses SEMAP to remotely measure the performance of the public housing agencies that administer the program.  Due to the COVID-19 pandemic, HUD will soon resume issuing new SEMAP scores   and the temporary moratorium on SEMAP provides the OIG with a rare opportunity to assess the program as a snapshot in time.