Review of HUD's Monetary Closed Audit Recommendations

Review of HUD's Monetary Closed Audit Recommendations

08/2024
Sustaining Progress in Finance and IT TransformationAll

Summary

HUD OIG is reviewing monetary audit recommendations that were closed by HUD under the new Closed Collection process. Upon receipt of a valid repayment agreement, HUD closes the recommendation but is still responsible for maintaining repayment documentation and ensuring adherence to the repayment agreement. Our review objective is to determine if HUD has established a repayment agreement and is receiving payments in accordance with the repayment agreement from entities for closed monetary audit recommendations.