Oversight of the Physical Conditions of non-FHA Insured Project Based Voucher (PBV) Units Converted under the Rental Assistance Demonstration (RAD)

HUD OIG is auditing oversight of the physical conditions of non-FHA insured project-based voucher (PBV) units converted under the Rental Assistance Demonstration (RAD) program. RAD was implemented to preserve and improve public housing units and address the nationwide backlog of deferred maintenance and capital needs. The objective of the audit is to assess whether HUD and PHAs have adequate oversight of the physical conditions of non-FHA insured PBV units converted under RAD.