Text of Recommendation | Implement controls to prevent or mitigate instances of borrowers violating HECM program residency requirements by concurrently participating in the Voucher program, including policies and procedures to at least annually coordinate with HUD's Office of Public Housing to match borrower data in the Single Family Data Warehouse to member data in the Public Housing Information Center. |
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Recommendation Number | 2014-PH-0001-001-B |
Recommendation Status | Open |
Recommendation Questioned Costs | $0 |
Recommendation Funds for Better Use | $0 |
Submitting OIG | |
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Report Title | HUD Policies Did Not Always Ensure That HECM Borrowers Complied With Residency Requirement |
Report Submitting OIG-Specific Report Number | 2014-PH-0001 |
Report Date Issued | Tuesday, September 30, 2014 |
Report Questioned Costs | $0 |
Report Funds for Better Use | $0 |