HUD's inspector general rated the Virgin Islands Housing Finance Authority's fraud-risk management at or below the lowest desired maturity level; in July HUD suspended funding to the authority

A March 24, 2026 audit (2026-FW-1002) by the U.S. Department of Housing and Urban Development's Office of Inspector General found that the Virgin Islands Housing Finance Authority (VIHFA), a grantee of nearly $2 billion in disaster recovery and mitigation block grants after the 2017 hurricanes, lacks fraud risk management processes and a dedicated entity to lead them.