The memo highlights 31 open and newly added recommendations for the Department of Housing and Urban Development (HUD), emphasizing their critical role in mitigating waste and fraud. Among these, a comprehensive fraud risk assessment is essential for proactively managing fraud. The memo also addresses long-standing issues with improper payments in major HUD programs, particularly the PIH Tenant-Based Rental Assistance and the Multifamily Housing Project-Based Rental Assistance programs. Furthermore, it calls for strengthened whistleblower protections and attention to counterparty risks in mortgage insurance programs to bolster HUD's integrity and operational efficiency.
Resolving 31 open and new recommendations is crucial for HUD to mitigate fraud, enhance conditions for residents, and improve technology modernization strategies.
A complete fraud risk assessment is a chief recommendation for HUD, enabling proactive management of fraud risk to prevent issues rather than just responding.
For 7 years, HUD has struggled to accurately estimate improper payments in its largest grant programs, with significant amounts reported as improper in the past.
Strengthening whistleblower protections is essential, as individuals working with HUD programs help identify fraud and abuse that could save significant taxpayer resources.
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