HUD OIG is auditing HUD's oversight of the physical conditions of public housing developments.
HUD’s Oversight of the Physical Conditions of Public Housing Agencies' Developments
FY 2022 Federal Housing Administration Financial Statement Audit
HUD OIG has initiated the annual FHA financial statement audit and has contracted with CliftonLarsonAllen LLP (CLA) to conduct the audit. The objectives of CLA’s audit are to (1) express an opinion on whether FHA’s fiscal years 2022 and 2021 financial statements are fairly presented and adequately disclosed, in all material respects, in accordance with U.S.
FY 2022 HUD Consolidated Financial Statement Audit
HUD OIG has initiated the annual HUD Consolidated financial statement audit and has contracted with CliftonLarsonAllen LLP (CLA) to conduct the audit. The objectives of CLA’s audit are to (1) express an opinion on whether HUD’s consolidated financial statements are fairly presented and adequately disclosed, in all material respects, in accordance with U.S.
FY 2022 Ginnie Mae Financial Statement Audit
HUD OIG has initiated the annual Ginnie Mae financial statement audit and has contracted with CliftonLarsonAllen LLP (CLA) to conduct the audit. The objectives of CLA’s audit are to (1) express an opinion on whether Ginnie Mae’s fiscal years 2022 and 2021 financial statements are fairly presented and adequately disclosed, in all material respects, in accordance with U.S.
Fraud Risk Management Assessment and Fraud Risk Identification
HUD OIG is conducting an audit to assess HUD’s overall fraud risk management program, and to identify fraud risks for funds that HUD received from the Coronavirus Aid Recovery and Economic Stability Act and American Rescue Plan Act.
Determining HUD’s Compliance with the Payment Integrity Information Act of 2019
HUD OIG is conducting an audit of HUD’s compliance with the Payment Integrity Information Act of 2019 (PIIA).
Multifamily Tracking of Principals/Controlling Participants with Poor Performance History and Multiple Properties
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.
Corrective Action Verification on HUD's Purchase Card and Travel Card Programs
HUD OIG is conducting a Corrective Action Verification on two prior HUD OIG audits of HUD's Purchase Card and Travel Card programs. The review will verify if the corrective actions taken by the Department on the recommendations issued under reports, 2020-KC-0001 Purchase Card Audit and 2020-KC-0002 Travel Card Audit, addressed the underlying issues and risks.
HUD's Compliance with the DATA Act
HUD OIG is auditing HUD’s compliance with the Digital Accountability and Transparency Act of 2014 (DATA Act) as it relates to HUD’s program funds and Coronavirus Aid, Relief, and Economic Security (CARES) Act funding. OMB requires Federal agencies to report all financial and award data in accordance with DATA Act reporting standards which is displayed on USASpending.gov, a publicly available website.
Fraud Risks Related to CDBG and ESG CARES Act Funds
HUD OIG is reviewing HUD’s fraud risks identified for funds received from the Coronavirus Aid Recovery and Economic Stability Act for the Community Development Block Grant (CDBG) and Emergency Solutions Grant (ESG) programs.