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.