We audited Luther Towers II because it was a high-risk multifamily project that received low inspection and financial assessment scores on our multifamily risk assessment for projects within our region and we had never audited it. Our audit objective was to determine whether the owner managed the project in accordance with its regulatory agreement and U.S. Department of Housing and Urban Development (HUD) requirements.
The Owner of Luther Towers II, Wilmington, DE, Did Not Manage Its HUD-Insured Project in Accordance With Its Regulatory Agreement and HUD Requirements
September 21, 2018
Report
#2018-PH-1006
Reflection5 LLC, Pocatello, ID, Did Not Always Retain Tenant Files, Perform Recertifications, Obtain Verifications, or Support Hardship Exemptions
The U.S.
September 12, 2016
Report
#2016-SE-1004
Solace LLC, Rexburg, ID, Did Not Always Correctly Compute Tenant Annual Income, Conduct Timely Tenant Income Verifications, or Request the Appropriate Assistance When Tenants Moved Out
The U.S.
September 12, 2016
Report
#2016-SE-1003
Franklin American Mortgage Company Settled Allegations of Failing To Comply With HUD’s Federal Housing Administration Loan Requirements
The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General (OIG), assisted the U.S. Department of Justice, Washington, DC, and the U.S.
September 08, 2016
Memorandum
#2016-CF-1801
The Members and Operator Did Not Comply With the Executed Regulatory Agreement and HUD’s Requirements for Saltillo Assisted Living, Saltillo, MS
We audited Saltillo Assisted Living (project), an assisted living facility located in Saltillo, MS, based on a referral from the U.S.
August 02, 2016
Report
#2016-AT-1009
Sunset Manor, Limited Partnership, Blackfoot, ID, Did Not Administer Its Section 8 Program in Accordance With HUD Rules and Regulations
The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General audited the Sunset Manor Apartments to evaluate the allegations in a complaint and determine whether the project’s owner made unauthorized distributions and repayment of advances, maintained complete, accurate, and current books and records for the project, and participated in improper procurement practices.
June 23, 2016
Report
#2016-SE-1002
Saltillo Assisted Living, Saltillo, MS, Did Not Maintain Liability and Property Insurance
We are conducting an audit survey of Saltillo Assisted Living (project) based on a referral from the U.S.
December 15, 2015
Memorandum
#2016-AT-1801
Taliafaro, Inc., a Multifamily Housing Management Agent, Did Not Always Comply With HUD’ Requirements or Its Own Policies and Procedures in the Disbursement of Project Funds and Collection of Its Fees
We reviewed the disbursement of project funds for seven of the Sections 202 and 811 supportive housing projects for the elderly and persons with disabilities managed by Taliafaro, Inc. We initiated the audit under the U.S.
September 30, 2015
Report
#2015-AT-1012
First Tennessee, N.A. Settled Allegations of Failing To Comply With HUD’s Federal Housing Administration Loan Requirements
The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General (OIG) assisted the U.S. Department of Justice, Washington, DC, and the U.S.
September 29, 2015
Memorandum
#2015-AT-1801
Peoples Home Equity, Inc., Brentwood, TN, Did Not Follow HUD Requirements in Approving FHA Loans and Implementing Its Quality Control Program
We audited Peoples Home Equity, Inc.(Peoples), a Federal Housing Administration (FHA) approved nonsupervised direct endorsement lender located in Brentwood, TN. We selected Peoples based on its high default rates. The audit was part of our annual audit plan to review single family programs and lenders. Our audit objectives were to determine whether Peoples complied with HUD requirements when it originated and underwrote FHA loans,
September 30, 2014
Report
#2014-AT-1013