The Cambridge, MA, Housing Authority Generally Administered Its Public
We audited the Cambridge Housing Authority (Authority) because it obligated a majority of its $4.4 million Public Housing Capital Fund Stimulus (Formula) Recovery Act Funded grant (grant) received under the American Recovery and
Reinvestment Act of 2009 just before the required obligation deadline. Our objective was to determine whether the Authority obligated and disbursed capital funds received under the Recovery Act according to the…
November 01, 2010
Report
#2011-BO-1001
Sterling National Mortgage Company, Inc., Great Neck, NY, Did Not Properly Underwrite a Selection of FHA Loans
We conducted a review of Federal Housing Administration (FHA) loans underwritten by Sterling National Mortgage Company, Inc. (Sterling), an FHA direct endorsement lender. The review was conducted as part of the Office of Inspector General’s (OIG) Operation Watchdog initiative to review the underwriting of 15 direct endorsement lenders at the suggestion of the FHA Commissioner. The Commissioner expressed concern regarding the increasing claim…
September 29, 2010
Memorandum
#2010-NY-1809
The Boston, MA, Housing Authority Generally Administered Its Capital Fund Recovery Grant as Required
We audited the Boston, MA, Housing Authority (Authority) because it was awarded more than $33 million in Capital Fund Recovery Grant funds under the American Recovery and Reinvestment Act of 2009 (Recovery Act) and obligated the majority of the grant shortly before the required obligation deadline. Our objectives were to determine whether the Authority (1) obligated the capital fund grant funds it received under the Recovery Act for eligible…
September 26, 2010
Report
#2010-BO-1010
Corrective Action Verification Utica Municipal Housing Authority Low-Rent Housing Program, Utica, New York Audit Report 2006-NY-1005
We completed a corrective action verification review of the audit recommendations for findings 1 and 2 of Audit Report Number 2006-NY-1005, issued February 21, 2006 pertaining to the general operations of the Utica Municipal Housing Authority, Utica, New York (Authority). The purpose of the corrective action verification was to determine whether the selected audit recommendations were implemented and the deficiencies cited in the report were…
September 12, 2010
Memorandum
#2010-NY-0801
The Waltham Housing Authority, Waltham, MA, Needs To Improve Controls Over Its Interprogram Fund Transactions, Procurement, and Travel for Its Housing Choice Voucher
We conducted this audit as part of the Office of Inspector General’s (OIG) annual goals for audits of the Section 8 Housing Choice Voucher (Voucher) and low-income public housing (low-income) programs. Our audit objective was to determine whether the Waltham Housing Authority (Authority) employed acceptable management and financial practices to efficiently and effectively administer the use of Voucher and low-income program funds in compliance…
July 26, 2010
Report
#2010-BO-1006
The Rochester Housing Authority, Rochester, NY, Had Financial Control Weaknesses That Could Affect Its Capacity to Administer Recovery Act Funds
June 03, 2010
Memorandum
#2010-NY-1804
HUD Region 1 Community Planning and Development Offices' Monitoring of Homelessness Prevention and Rapid Re-Housing Program Grants Funded Under the American Recovery and Reinvestment Act Was Appropriately Targeted to Higher Risk Grantees
We reviewed the U.S. Department of Housing and Urban Development’s (HUD) Office of Community Planning and Development’s (CPD) risk assessment process. We initiated the review as part of the activities in our fiscal year 2010 annual audit plan. Our objective was to determine whether CPD had established and properly implemented a risk assessment process that used appropriate measures to determine risk and identify grantees for monitoring.
We…
April 15, 2010
Memorandum
#2010-BO-0801
New Rochelle Municipal Housing Authority, New Rochelle, NY, Had Control Weaknesses in Its Low-Rent Housing Program
We audited the New Rochelle Municipal Housing Authority’s (Authority) administration of its Low-Rent housing program as part of the Office of Inspector General’s (OIG) strategic plan goals to improve the U.S. Department of Housing and Urban Development’s (HUD) fiscal accountability for its assisted housing programs. The audit objectives were to determine whether the Authority administered its low-rent housing program in accordance with…
April 06, 2010
Report
#2010-NY-1010
New Rochelle Municipal Housing Authority, New Rochelle, NY, Had Weaknesses in Its Self-Sufficiency Grant Programs
We audited the New Rochelle Municipal Housing Authority’s (Authority) administration of its Resident Opportunities and Self-Sufficiency (ROSS) and Housing Choice Voucher Family Self-Sufficiency grant programs as part of the Office of Inspector General’s (OIG) strategic plan goals to improve the U.S. Department of Housing and Urban Development’s (HUD) fiscal accountability for its assisted housing programs. The audit objectives were to…
April 06, 2010
Report
#2010-NY-1011
Somerset Investors Corporation, Melville, NY, Did Not Always Comply With HUD/FHA Loan Underwriting Requirements
We audited Somerset Investors Corporation (Somerset), dba Somerset Mortgage Bankers, a Federal Housing Administration (FHA)-approved direct endorsement lender located in Melville, NY. The audit objectives were to determine whether Somerset (1) originated FHA-insured refinanced loans in accordance with the requirements of the U.S. Department of Housing and Urban Development (HUD)/FHA and (2) conducted quality control reviews that complied with…
March 25, 2010
Report
#2010-NY-1009
The New York City Housing Authority Had the Capacity to Administer Capital Funds Provided Under the American Recovery and Reinvestment
We performed a review of the New York City Housing Authority’s (Authority) capacity to administer the approximately $423 million in capital funds awarded under the American Recovery and Reinvestment Act of 2009 (Recovery Act) in support of the Office of Inspector General’s (OIG) goal to report on Recovery Act recipients’ capacity to administer funds received. The objective of the review was to determine whether the Authority’s general,…
March 10, 2010
Memorandum
#2010-NY-1803
Control Weaknesses at the Syracuse Housing Authority, Syracuse, New York May Affect Its Capacity to Administer American Recovery and Reinvestment Act Funds
January 12, 2010
Memorandum
#2010-NY-1802
SFDS Development Corporation, New York, NY had Weaknesses in its Financial, Procurement and Administrative Controls
We audited the SFDS Development Corporation (agent), management agent for three U.S. Department of Housing and Urban Development (HUD) subsidized Section 202 elderly housing direct loan properties, in response to a complaint to
the Office ofInspector General (OlG) Hotline that alleged misappropriation of HUD funds by the agent. The objective of our review was to assess the merits of the complaint. It was expanded to assess the agent's…
December 20, 2009
Report
#2010-NY-1006
The City of Utica, New York, Has the Capacity to Administer Lead-Based Paint Funds Provided Under the American Recovery and Reinvestment Act of 2009
December 20, 2009
Memorandum
#2010-NY-1801
The State of Massachusetts, Department of Housing and Community Development, Boston, MA Properly Administered Its Section 8 Project Based Voucher Program
We audited the Section 8 Project-Based Voucher program operated by the State of Massachusetts, Department of Housing and Community Development (DHCD), as part of our annual audit plan. Our objective was to determine whether the DHCD properly administered its Project-Based Voucher program in compliance with U.S. Department of Housing and Urban Development (HUD) requirements. The DHCD generally administered its program in compliance with HUD…
December 15, 2009
Report
#2010-BO-1003
The City of Holyoke, Massachusetts, Office of Community Development, Needs to improve Its Administration of HOME- nd CDBG-Funded Housing Programs
We audited the HOME Investment Partnerships Program (HOME) and Community Development Block Grant (CDBG) funded housing programs administered by the City of Holyoke’s Office of Community Development (City) as part of our annual audit plan. The City was selected based upon our analysis of risk factors relating to HOME grantees in Region 1.
Our objective was to determine whether the City properly administered its HOME and CDBG funded housing…
November 21, 2009
Report
#2010-BO-1002
The South Bronx Community Management Co., Inc., Bronx, New York, Had Weaknesses in Its Administration of the Project Maria Isabel
We audited the management agent operations of the South Bronx Community Management Co., Inc. (agent), as they relate to the administration of the U.S. Department of Housing and Urban Development (HUD)-Section 202 direct loan for elderly and handicapped housing project Maria Isabel at the request of the HUD New York City Office of Multifamily Housing. The audit disclosed that the agent generally complied with HUD financial and unit maintenance…
November 02, 2009
Report
#2010-NY-1003
The Lower Manhattan Development Corporation, New York, New York, Generally Administered CDBG Disaster Recovery Assistance Funds in Accordance with Regulations
We completed the thirteenth report in our ongoing audits of the Lower Manhattan Development Corporation’s (the auditee) administration of the $2.783 billion in Community Development Block Grant Disaster Recovery Assistance funds provided to the State of New York in the aftermath of the September 11, 2001, terrorist attacks on the World Trade Center in New York City. The auditee disbursed approximately $50.3 million of these funds during our…
October 05, 2009
Report
#2010-NY-1001
The City of Brockton, Massachusetts, Recipient, Building a Better Brockton, Inc., Lacked Sufficient Capacity to Effectively Administer Its Neighborhood Stabilization Program
We conducted a capacity review of the operations of the City of Brockton’s (City) grantee, Building a Better Brockton, Inc. (recipient), which has responsibility for administering the City’s NSP. Our objective was to determine whether the City and/or its recipient had the capacity to effectively and efficiently administer its NSP under the provisions of the Housing and Economic Recovery Act of 2008 (HERA) and the American Recovery and…
September 27, 2009
Memorandum
#2009-BO-1803
The City of Boston's Department of Neighborhood Development, Boston, Massachusetts, Can Develop the Capacity to Administer Its Housing and Economic Recovery Act and American Recovery and Reinvestment Act Programs
We performed an audit of the City of Boston’s (City) Department of Neighborhood Development (Department). We selected the City based upon the results of our previous audit of the City’s HOME Investment Partnerships Program (HOME) and the significance of the Neighborhood Stabilization Program (NSP) funds awarded. Our objective was to determine whether the City had the capacity to effectively and efficiently administer its NSP under the…
September 22, 2009
Memorandum
#2009-BO-1802