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The City of New York, NY, Did Not Always Disburse Community Development Block Grant Disaster Recovery Funds in Accordance With Federal Regulations

We completed a review of the City of New York, Office of Management and Budget’s administration of the Business Loan and Grant Program funded with Community Development Block Grant Disaster Recovery (CDBG-DR) funds provided by the U.S.

The City of New York, NY, Generally Disbursed Community Development Block Grant Disaster Recovery Assistance Funds for Administrative Costs in Accordance With HUD Regulations

We audited the City of New York, Office of Management and Budget’s administration of the Community Development Block Grant Disaster Recovery Assistance (CDBG-DR) funds awarded to the City as a result of damages caused by Hurricane Sandy.  This review was related to the disbursement of approximately $4 million in CDBG-DR funds pertaining to administration costs.   The objectives of the audit were to determine whether the City (1) disbursed CDBG-DR funds for its administration costs in accordance with the guidelines established under the U.S.