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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 compliance with U.S. Department of Housing and Urban Development (HUD) requirements.

Authority officials administered the HOME program in compliance with HUD requirements.  Our review of approximately $3.7 million, representing 17 percent of the more than $22.3 million in HOME funds committed to 36 projects that were active during the period July 1, 2011 through June 30, 2014, disclosed that HOME funds were properly committed for eligible activities, disbursed for eligible costs, and properly supported. 

The report contains no recommendations.