NYC Government Publication
Audit Report on the Department of Housing Preservation and Development's Administration of Its Family Self-Sufficiency Escrow Account (FM12-082A)
An audit report was filed on October 19, 2012 on the Department of Housing Preservation and Development's (HPD) administration of its family self-sufficiency Escrow account. It was determined that HPD processed disbursements in accordance with its bank account procedures and performed the requisite bank reconciliations in a timely manner. However, HPD does not ensure that subaccounts are established and maintained for program participants, or that subaccounts reflect accurate and up-to-date totals. Recommendations were made to tighten its operations and accounts.
- Agency
- Subject
- Report type
- Audit Report
- Date published
- 2012-10-19