The troubled Shelby County Housing Authority is going out of business. County officials are working to transfer the housing authority’s final assets to the Memphis Housing Authority. The federal Housing Urban Development agency, which is pushing for the merger or transfer, said this week the transfer should be finalized by the end of the year. An audit by HUD released earlier this year slammed the county housing authority. MHA officials say while they have agreed in principal to the deal, they don’t want to be stuck with the county agency’s liabilities. “There are still some due diligence issues,” MHA executive director Robert Lipscomb said. The county authority has been on and off HUD’s “troubled” lists since the early 1990s. Shelby County officials are working with HUD and MHA to make sure the transfer goes smoothly.