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107430 1 (1977-11-11)

handle is hein.gao/gaobacxrw0001 and id is 1 raw text is: 


                                                                      N0(30


                          DOCUMENT RESUME
07430  - [C2787907] (Restricted)

HIUD's  Inventory of Acquired Houses in the Columbus, Ohio,
Area]. November  11, 1977. 2 pp. + enclosure (1 pp.).

Report to Paul Lydens,  Director, Department of Housing and Urban
Development: Columbus  Area office, 08; by Robert V. Hanlon,
Regional Hanager,  Field Operations Div.: Regional Office
(Cincinnati).

Contact: Field Operations  Div.: Regional Office (Cincinnati).

         As part of an  examination of the processes the
Department  of Housing and Urban Development (BUD) follows in
acquiring, preserving,  and disposing of single family houses,
HUD's inventory of acquired houses in  the Columbus, Ohio, area
office were compared with those  recorded in HUD's name at the
Franklin County courthouse. The comparison  showed that HUD was
the owner on record of 27 properties  not included in its
inventory, and courthouse records indicated that some of these
properties had been transferred to HUD as early as  1972 and
1973. Five of the properties had never been included in BUD's
inventory; 4 were awaiting title opinion and/or apvroval; and 18
were shown on BUD zecords as having been sold. Reconciliation of
BUD inventory record:  -1th county records should include an
analysis of whether BUD has title to the five properties for -
which there is no record of ownership and the four properties
awaiting title opinions or approval. It should also be
determined if BUD sold the 18 properties; if so, BUD should be
removed as the owner of record.  (RES)

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