We audited Hudson County, NJ’s HOME Investment Partnerships program (HOME) as part of the activities in our annual audit plan. We selected the County based on a risk analysis that considered the amount of funding, the risk score assigned to it by the U.S.
The City of Chicago, IL, Lacked Adequate Controls Over Its HOME Investment Partnerships Program-Funded Rental New Construction Projects and Program Income
We audited the City of Chicago’s HOME Investment Partnerships Program. We selected the City’s Program based upon our analysis of risk factors related to Program grantees in Region 5’s jurisdiction. Our objectives were to determine whether the City complied with HUD’s requirements regarding (1) leases between rental new construction projects’ owners and households, (2) use and reporting of Program income, and (3) monitoring of proje
September 30, 2014