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DHS OIG OIG-20-29: Capacity Audit of FEMA Grant Funds Awarded to the U.S. Virgin Islands Housing and Finance Authority

Collection
Audits & Oversight
Entity
Virgin Islands Housing Finance Authority (VIHFA)
Date
2020-05-04
Type
Audit

Capacity Audit of FEMA Grant Funds Awarded to the U.S. Virgin Islands Housing and Finance Authority May 4, 2020 OIG-20-29 DHS OIG HIGHLIGHTS Capacity Audit of FEMA Grant Funds Awarded to the U.S. Virgin Islands Housing and Finance Authority May 4, 2020 Why We Did This Audit DHS Office of Inspector General contracted with KPMG LLP to conduct an audit to determine whether FEMA ensured that VITEMA and VIHFA established and implemented policies, procedures, and practices to make sure PA grant funds are accounted for and expended according to Federal regulations and FEMA guidance. What We Recommend We made seven recommendations to improve VITEMA’s and VIHFA’s management of PA funds and ensure they are expended according to Federal regulations and FEMA guidance. …

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