Market Overview

Dallas Housing Authority Reports Zero Deficiencies from Independent Audit Report and Announces High Performer Ranking from the U.S. Department of Housing and Urban Development

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The
Dallas Housing Authority (DHA)
received its 2017 independent audit
report from CohnReznick LLP on August 9, 2018.

The audit shows no findings or deficiencies for four consecutive years.
As per the report, DHA's financial statements, program management and
internal controls tested passed without any findings.

DHA is the 10th largest public housing authority out of some
3,600 in the nation. The agency provides affordable housing
opportunities for 54,000 people through public housing developments and
Housing Choice Voucher (Section 8) programs.

Additionally, DHA's Housing Choice Voucher and public housing programs
earned ‘High Performer' status, which is HUD's highest rating. The
performance measures show whether public housing agencies help eligible
families to afford decent rental units at a reasonable subsidy cost as
intended by federal housing legislation.

HUD has set three performance grades:

  • "High Performers" (overall score of 90%+)
  • "Standard" (60-89%)
  • "Troubled" (0-59%)

"Our audit results and HUD's ‘High Performer' designation is a clear
result of our commitment and integrity," said Troy Broussard, chief
executive officer and president of DHA. "We thank our independent
auditors for their diligent review of our finances, program compliance
and operations and HUD for its oversight and governance of our programs.
DHA is committed and dedicated to deliver a high level of service to our
community," he concluded.

The 2017 audited financial statement is available for review at http://www.dhadal.com/annual-report.

About the Dallas Housing Authority

DHA 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 54,000 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. For more information,
please visit: www.dhadal.com.

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