The Virgin Islands Housing Finance Authority has made a formal request to the Dept. of Homeland Security, Office of the Inspector General to retract its audit report published in May that found V.I.H.F.A. mismanaged public funds, which led to cost overruns, potential conflict of interest scenarios with contracts, and an insufficient financial system "to verify completeness of costs on a project-by-project basis, or enough staff to adequately manage FEMA funding." The authority, in a detailed response with supporting documents — including a letter from Governor Albert Bryan addressed to FEMA Administrator Peter Gaynor — took pains to provide answers in a number of areas that it said the audit results were inaccurate. Among many areas challenged by V.I.H.F.A. is the audit's finding that the authority mismanagement public funds while executing…