This bill requires the Inspector General of the Department of Housing and Urban Development (HUD) to conduct a comprehensive investigation into the New York City Housing Authority (NYCHA). The investigation aims to assess NYCHA's compliance with a 2019 agreement, which was established after HUD declared NYCHA in substantial default due to widespread failures in providing safe and sanitary housing and misleading federal authorities. The congressional findings highlight NYCHA's history of non-compliance, including issues with lead-based paint , heating, elevators, mold, and pest control, as well as recent federal bribery charges against its employees. The bill mandates the Inspector General to review the actions and potential oversight gaps of the Monitor appointed under the 2019 agreement, survey the physical conditions of NYCHA properties, and examine any waste, fraud, or abuse by NYCHA personnel or contractors. Within 180 days of the bill's enactment, the Inspector General must submit a detailed report to the House Financial Services Committee and the Senate Banking, Housing, and Urban Affairs Committee. This report will include the investigation's findings, outline actions HUD can take to compel NYCHA to remedy its deficiencies, and provide any additional recommendations to ensure residents receive decent, safe, and sanitary housing conditions.