ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

DHA, Housing Solutions for North Texas Shows Zero Findings From an Independent Audit Report for the Eighth Consecutive Year

DHA, Housing Solutions for North Texas (DHA) received its 2021 single audit report from leading advisory, assurance and tax firm, CohnReznick LLP. The audit report contains zero findings. This marks the agency’s eighth consecutive year with zero audit findings, which is a significant accomplishment given the size and complexity of DHA’s operations.

The single audit protocol evaluates not only DHA’s financial statements, but also regulatory compliance, program reporting, cost allocations, internal controls for financial and program documentation and processes and cash management.

DHA is the tenth largest public housing authority (PHA) and the eighth largest Housing Choice Voucher program in the nation. The agency provides affordable housing opportunities for over 55,700 people through DHA-owned public housing developments and the Housing Choice Voucher program. DHA manages 3,604 public housing units and assists 16,000 households through the Housing Choice Voucher program representing 40,000 people. DHA has an annual operating budget in excess of $270M and assets valued at more than $350M.

A majority of PHAs operate their Housing Choice Voucher program with one jurisdiction-wide fair market rent schedule. DHA uniquely adheres to a more complex HUD Small Area Fair Market Rent schedule, which encompasses 612 payment standards across 389 zip codes, making the clean audit report a notable accomplishment.

“Access to affordable housing continues to be an important issue across our nation and our team at DHA is committed to our mission to provide quality affordable housing and access to supportive resources across North Texas. We appreciate the dedication and attention to detail our team exemplifies as we continue to practice good stewardship of the resources we are responsible for managing year after year. This independent audit report represents our dedication to serving our community with care and integrity,” says DHA President and CEO Troy Broussard.

About DHA, Housing Solutions for North Texas (formerly the Dallas Housing Authority)

DHA, Housing Solutions for North Texas provides quality, affordable housing to low-income families and individuals through the effective and efficient administration of housing assistance programs. The agency aims to create opportunities for program participants to achieve self-sufficiency and economic independence. DHA provides housing opportunities to ~55,700 people through public housing developments and Housing Choice Voucher (Section 8) programs. Our mission is to provide affordable quality housing and access to supportive resources across North Texas. DHA is governed by its Board of Commissioners and administers housing programs funded and regulated by the U.S. Department of Housing and Urban Development. DHA is an independent, local government entity that is separate from the Dallas City Housing/Community Services department, which is governed by the City of Dallas. For more information about DHA, please visit www.dhantx.com.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.