Quantcast
Channel: Reports News from the GAO
Viewing all articles
Browse latest Browse all 17758

B-322077, HUD Home Program Grants--Statutory Commitment Deadline, July 17, 2013

$
0
0
Section 218(g) of the HOME Investment Partnership Act (Act), 42 U.S.C 12748(g), imposes a two-year deadline by which participating jurisdictions must commit grant funds allocated to them under the HOME Investment Partnership Program (HOME program). Section 218(g) requires the Department of Housing and Urban Development (HUD) to recapture grant funds that remain uncommitted by participating jurisdictions after the statutory deadline and reallocate such funds through additional formula grants to participating jurisdictions. HUD's Office of Inspector General has identified instances where HUD has permitted some jurisdictions to retain and commit HOME program grant funds beyond the statutory deadline. By failing to recapture and reallocate uncommitted grant funds from the jurisdictions at issue, HUD has not complied with the requirements of section 218(g).

Viewing all articles
Browse latest Browse all 17758

Trending Articles