Richard A. Hutchens Associates, Management Agent, Buffalo, New York, Used Project Funds for Ineligible and/or Unsupported Cost
We completed an audit of Richard A. Hutchens and Associates (agent) pertaining to its management of the financial operations of Cayuga Village and Touraine Apartments. The objectives of our audit were to determine whether the agent used project funds in accordance with the regulatory agreement and HUD requirements. Specifically, to determine whether the agent (1) provided adequate documentation to support the reasonableness of payments made to…
December 04, 2007
Report
#2008-NY-1002
National City Mortgage, Plymouth Meeting, Pennsylvania, Generally Complied with HUD Requirements in Originating FHA-Insured Single-Family Loans
Attached is the final report on our audit of the Plymouth Meeting, Pennsylvania, branch of National City Mortgage (branch office), Audit Report Number 2008-PH-1002, dated November 20, 2007. We selected the branch office because its default rate was above the state's default rate. Our objective was to determine whether the branch office complied with U.S. Department of Housing and Urban Development (HUD) regulations, procedures, and instructions…
November 18, 2007
Report
#2008-PH-1002
The Los Angeles Multifamily Hub Did Not Properly Monitor Its Performance-Based Contract Administrator, Los Angeles LOMOD
We audited the Los Angeles Multifamily Hub's monitoring of its annual contributions contract with its performance-based contract administrator (contractor), Los Angeles LOMOD (LOMOD). Our overall audit objective was to determine whether the U.S. Department of Housing and Urban Development (HUD) appropriately monitored LOMOD with respect to the annual contributions contract. The Los Angeles Multifamily Hub did not properly monitor its contractor…
November 03, 2007
Report
#2008-LA-0001
The Cathedral Foundation of Jacksonville, FL, Used More Than $2.65 Million in Project Funds for Questioned Costs
We audited the Cathedral Foundation of Jacksonville, Inc. (Foundation), concerning its involvement as owner and/or manager of four elderly multifamily housing projects (projects) located in Jacksonville, Florida. We conducted the audit based on a request from the Jacksonville Multifamily Housing Hub, U.S. Department of Housing and Urban Development (HUD), Jacksonville, Florida. Our audit objective was to determine whether the Foundation…
August 13, 2007
Report
#2007-AT-1010
Multifamily Project Deficiencies Resulted in More Than $730,000 in Cost Exceptions for Moosup Gardens Apartments, Moosup, Connecticut
We audited the records for Moosup Gardens Apartments (project), a U.S. Department of Housing and Urban Development (HUD)-insured multifamily project in response to a request from HUD. Our audit objective was to determine whether the project's costs were accurately reported to HUD and in accordance with the regulatory agreement and HUD's requirements.
We identified questioned costs and opportunities for funds to be put to better use totaling…
July 24, 2007
Report
#2007-BO-1006
Fallbrook Apartments', Houston, Texas, Owner and/or Management Agent Made Unauthorized Distributions of the Project's Funds
July 05, 2007
Report
#2007-FW-1012
Oak Mound Associates, Clarksburg, West Virginia, Improperly Billed HUD for Section 8 Subsidies
June 18, 2007
Report
#2007-PH-1007
Alethes Mortgage, LLC, and Its Dallas, Texas, Branch, Waters Edge Mortgage, LLC, Did Not Comply with All HUD Underwriting Requirements
June 07, 2007
Report
#2007-FW-1010
Trumbull Metropolitan Housing Authority, Warren, Ohio, Did Not Ensure Its Nonprofit Followed HUD's Section 8 Housing Requirements
April 29, 2007
Report
#2007-CH-1007
Elders Place II, Incorporated, Philadelphia, Pennsylvania, Did Not Properly Administer HUD Funds in Accordance with HUD Requirements
April 18, 2007
Report
#2007-PH-1006
Rocky Mountain Mutual Housing Association, Denver, Colorado, Paid Ineligible Owner Expenses
April 09, 2007
Report
#2007-DE-1005
Peregrine Health Management Company Used Project Funds for Ineleigible, Unsupported, and/or Unnecessary Costs
March 11, 2007
Report
#2007-NY-1003
Kankakee County Housing Authority Low-Rent Housing Program, Kankakee, IL
We audited the Kankakee County Housing Authority's (Authority) Low-Rent Housing Program. The audit was conducted in response to a citizen's complaint to our office and was part of our comprehensive audit of the Authority. The object of our audit was to determine whether the Authority administered its Low-Rent Housing program in an efficient and effective manner. We determined whether the Authority had adequate procedures and controls over its…
April 08, 2005
Report
#2005-CH-1010
Kankakee County Housing Authority Section 8 Housing Program
We completed an audit of the Kankakee Count Housing Authority's Section 8 Housing Program. The audit was conducted based upon a citizen's complaint to our Office. The objectives of our audit were to determine where the Authority: (1) administered its Section 8 Program in an efficient and effective manner; and (2) provided decent, safe, and sanitary housing for its Section 8 tenants. This audit is part of our on-going comprehensive audit of the…
November 26, 2003
Report
#2004-CH-1001