From an audit conducted on the Department of Housing Preservation and Development (HPD), it was found that the HPD needs to improve its controls over the housing lottery process. Ineligible applicants are participating in the lottery, making it unfair and unreliable. Recommendations have been made to rectify these issues.
From an audit conducted on Cemusa NY, LLC, it was found that Cemusa needs to improve its oversight efforts over bus stop shelters. Sanitation and inspections are lax and there is little assurance that bus stop shelters are serviced in accordance with Cermusa's franchise agreement with the Department of Transporation. Recommendations have been made to try to rectify these issues.
The objectives of this audit were to determine whether the NYCPA properly executed its fiduciary responsibilities including safeguarding of estate assets, accurately reporting all revenue and expenses, and managing
all estate activities in accordance with Article 11 of the SCPA and other applicable State and City regulations.