The OIG's report details significant systemic issues within HUD's Tenant Based and Project-Based Rental Assistance programs, manifesting in $50 billion in payments for fiscal year 2024 that reflect improper oversight. With a historical context indicating that the last compliant payment estimate was in 2016, the report underscores a lack of coordination across HUD offices. The lapse of an agreement with the U.S. Treasury for crucial data sharing has exacerbated these issues. HUD leadership recognizes the need for reform to protect taxpayer funds from fraud and inefficiency.
HUD leadership has failed to coordinate effectively across offices, resulting in improper payment estimates and a failure to prevent subsidy misuse, according to the OIG.
Stephen Begg noted, 'Protecting taxpayer funds from fraud, waste, and abuse starts with identifying and assessing the most critical risks to payment integrity,' emphasizing the imperative for reform.
The OIG audit highlighted that HUD's last compliant estimate was in 2016, indicating systemic failures in payment accuracy and oversight since then.
The OIG recommended that HUD improve governance of the Do Not Pay program to ensure thorough verification of recipients' payment eligibility, recommending defined responsibilities.
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