The biggest problem for HUD over the last twenty years is a lack of accountability and systemic corruption.
It has been impossible for HUD to keep track of the money they send to cities and states and to get an accounting from them where the money is going.
Ben Carson is changing all of that. He has hired a partner from one of the “Big Four” accounting firms to track the grants and to make sure they account for how the money was spent.
HUD has not had a CFO in over a decade, Evidently, Obama did not want anyone finding out where the money was going.
It’s been a year since Dr. Ben Carson was confirmed as Secretary for Housing and Urban Development. For most of its existence HUD is the cabinet-level agency probably best known for management challenges and the occasional corruption scandal involving local government officials abusing funds.
Liberals love HUD, because it hands out billions of dollars in the name of social justice. Not coincidentally, the money is often hard to account for, which is why it often ends up in the pocket of corrupt officials.
HUD has a long history of mismanagement and neglect. The agency’s financial statements are such a mess that the agency’s own Inspector General couldn’t complete an internal audit of the agency’s books. In fact, the Government Accountability Office (GAO) issued a report in 2016, based on numerous HUD IG and GAO audits over a 15-year period, in which it reported that the agency failed to implement multiple financial accountability recommendations. Additionally, the agency seemingly ignored recommendations to dedicate staff and implement and enforce policies to prevent waste, fraud, and abuse.