During a discussion with LeadingAge and a coalition of other housing provider, HUD staff gave timely updates on a range of topics.


Among the most significant issues, the status of service coordinator grant funding for FY17,   After more than seven months without funding:


According to the OIG, this was an internal audit based on the suggestion that multifamily property owners took unauthorized distributions or owner advances with no consequence. The audit determined that HUD did not always enforce the requirements of the regulatory agreements and HUD handbooks pertaining to owner advances and distributions. Of the 54 property owners reviewed, 10 had unauthorized distributions or owner advances that were not required to be repaid.

Pages

Subscribe to HUD Regulatory Compliance