The City of Hattiesburg, MS, Did Not Always Administer Its HOME Investment Partnerships Program in Accordance With HUD’s and Its Own Requirements
We audited the City of Hattiesburg’s HOME Investment Partnerships (HOME) program based on a referral from the U.S.
September 28, 2018
The Owner of Luther Towers II, Wilmington, DE, Did Not Manage Its HUD-Insured Project in Accordance With Its Regulatory Agreement and HUD Requirements
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.
September 21, 2018
Baker Tower, Denver, CO, Incorrectly Disbursed Funds and Did Not Correctly Administer the Project’s Security Deposit Account
We audited Baker Tower Apartments, LLC (corporation), located in Denver, CO, based on data showing that the corporation had taken more than $3.4 million in owner distributions since 2013 and scored poorly on its most current Real Estate Assessment Center physical property inspection. The objective of our audit was to determine whether the corporation complied with the regulatory agreement and U.S.
September 21, 2017
The U.S. Department of Housing and Urban Development, Office of Inspector General audited the Denver Housing Authority of Denver, CO for calendar years 2013-2015. The audit was initiated because of deficiencies found in other procurement audits in our region. The Authority is the largest recipient of U.S.
August 18, 2017
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
The Owner of a HUD-Insured Multifamily Property Settled Proposed Debarment From Participating in All Procurement and Nonprocurement Transactions With the Executive Branch of the Federal Government for a 5-Year Period
The U.S. Department of Housing and Urban Development’s (HUD) Office of Inspector General (OIG) performed a review of The Retreat at Church Ranch bank records based on our audit conducted of the project. Our review disclosed that the owner allegedly made payments for personal expenses from the project’s bank account. We requested that HUD pursue proceedings against the owner.
March 23, 2016
We are conducting an audit survey of Saltillo Assisted Living (project) based on a referral from the U.S.
December 15, 2015