# Fraud Risk Inventory for the CDBG and ESG CARES Act Funds
> **Audit** by Department of Housing and Urban Development OIG · 2021-10-12
> *About: Department of Housing and Urban Development*
## Report
- **Title:** Fraud Risk Inventory for the CDBG and ESG CARES Act Funds
- **Submitting OIG:** Department of Housing and Urban Development OIG
- **Component agency:** Department of Housing and Urban Development
- **Type:** Audit
- **Publication date:** 2021-10-12

## Summary

We conducted this engagement in coordination with the Pandemic Response Accountability Committee (PRAC) to gain an understanding of the U.S.


## Recommendations

- **Rec 2022-FO-0801-001-B** (Open): Complete a program-specific fraud risk assessment and risk profile for the CDBG and ESG programs, with emphasis on CARES Act funding, and replicate this process to create program-specific fraud assessments and risk profiles for other CPD programs.
- **Rec 2022-FO-0801-001-C** (Open): Consider OIG's fraud risk inventory to improve CPD's own fraud risk assessments and develop a program-specific fraud risk map and compendium.
- **Rec 2022-FO-0801-001-D** (Open): Implement efforts to increase the awareness of fraud at all levels (headquarters, field offices, grantees, subrecipients, etc.), including but not limited to regularly publishing articles on known fraud schemes and identified instances of fraud in…
- **Rec 2022-FO-0801-001-E** (Open): Develop and implement a fraud risk checklist or other instrument as part of CPD's monitoring oversight requirements, to be completed as part of each remote and onsite monitoring review.
- **Rec 2022-FO-0801-001-F** (Open): Develop and implement a fraud analytics strategy using available data, including but not limited to data and information collected during the grantee risk assessment and monitoring processes, to begin conducting data analyses to identify potential…
## Source
- [oversight.gov report page](https://www.oversight.gov/reports/audit/fraud-risk-inventory-cdbg-and-esg-cares-act-funds)
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