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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.
HUD OIG is auditing HUD’s oversight of multifamily housing properties with failing REAC scores or EH&S deficiencies. There has been recent media attention and Congressional and public concern about the conditions of multifamily housing properties, in particular the health and safety of the individuals that reside in Federally subsidized and/or insured housing. The objective of the audit is to determine whether HUD has effective oversight of multifamily housing properties to ensure that the properties are brought to decent, safe, and sanitary condition in a timely manner.
HUD OIG is auditing HUD's oversight of the physical conditions of project based rental assistance (PBRA) and Federal Housing Administration (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 the physical condition of units that converted under the first component of the RAD program.
HUD OIG is auditing HUD’s Foster Youth to Independence Initiative Program. Our objective is to determine the effectiveness of the FYI program in preventing and ending youth homelessness. The Foster Youth Initiative is a special purpose voucher program administered by HUD to expand the availability of housing assistance to youths with a history of foster care.
We audited the Long Branch Housing Authority based on the results of our previous audits of the Asbury Park and Red Bank Housing Authorities, which received management services and technical assistance from Long Branch for several years.
HUD OIG is auditing HUD's oversight of the physical conditions of public housing developments. The objective of the audit is to assess whether HUD has adequate oversight of public housing agencies’ corrective actions in response to (1) public housing agencies’ annual inspections and (2) the Real Estate Assessment Center’s periodic inspections to ensure that corrections result in decent, safe, and sanitary housing.
We audited the Housing Authority of Plainfield, NJ’s administration of its public housing programs. We selected the Authority based on a risk analysis of public housing agencies in New Jersey that considered the size of the agency, the amount of operating and capital funds received, and previous work conducted by the Office of Inspector General. The objective of the audit was to determine whether the Authority administered its Public Housing Operating Fund and Capital Fund programs in accordance with U.S.
Develop a control to detect loans that did not maintain the required flood insurance to put $1.5 billion to better use by avoiding potential future costs to the FHA insurance fund from inadequately insured properties.
Corrective Action Taken
In November 2022, FHA published the Acceptance of Private Flood Insurance for FHA-Insured Mortgages final rule (Docket No. FR-6084-F-02) in the Federal Register and issued Mortgagee Letter 2022-18, Acceptance of Private Flood Insurance for FHA-Insured Mortgages (ML 2022-18).