DHA, Housing Solutions for North Texas Reports Zero Findings for 11th Year From an Independent Third-Party Audit

Comprehensive audit evaluates the agency’s financials, regulatory compliance, program reporting, and internal controls

DALLAS--(BUSINESS WIRE)--DHA, Housing Solutions for North Texas (DHA), announced today that the agency achieved its 11th year with zero audit findings. The audit was conducted by CohnReznick LLP, a third party advisory, assurance and tax firm. The comprehensive audit includes an evaluation of DHA’s financial statements, regulatory compliance, program reporting, cost allocations, internal controls for financial and program documentation and processes and cash management.

DHA is the largest public housing authority in the state of Texas and one of the largest in the nation. Given the complexity of the agency’s operations, achieving a zero finding audit report is a major accomplishment. The agency provides:

• Affordable housing solutions for more than 53,500 people each day
• Management of 3,453 DHA owned public and assisted housing units
• Administration of 16,251 Housing Choice Vouchers across seven counties, which provides housing to more than 40,000 people, and comprises 389 zip codes with 612 payment standards
• An annual operating budget of over $456 million and assets valued at over $471 million

The agency has navigated many federal budget and policy shifts in recent years, working closely with its regional Department of Housing and Urban Development (HUD) resources to ensure alignment and compliance with new regulations and program updates. DHA also has an A+ rating from S&P Global, the world’s leading provider of independent credit ratings.

“I am very proud of our team for accomplishing this milestone for 11 years,” says DHA president and CEO, Troy Broussard. “We work tirelessly on behalf of the people we serve to help ensure affordable housing programs are administered thoughtfully. It takes a lot of focus and care to administer a program of this size and scope, and our team has delivered quality and excellence yet again. Congratulations to everyone on our team for achieving this goal together.”

About DHA, Housing Solutions for North Texas (also known as 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 ~53,500 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.