Recovery Act: Housing Programs Met Spending Milestones, but Asset Management Information Needs Evaluation

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By Mathew J. Scire (au)
Year: 2012
Pages: 98
Binding Paperback
ISBN 978-1-4578-3475-2

Product Code: 1457834758

Description

The Recovery Act (RA) required HUD to distribute $4 billion to public housing authorities (PHA)s. Congress also created two programs to provide funds to HFAs to restart stalled projects. This report examines statesäó» and localitiesäó» use of RA funds and reports on the quarterly estimates of jobs funded. It examines the progress that PHAs and housing finance agencies made in spending grant funds, the ways the funds were used, and the actions HUD and PHAs took to ensure that recipients spent grants on time and for the intended purposes. The report also assesses the quality of job estimates reported by RA recipients and reports the status of RA recommendations. Charts and tables. This is a print on demand report.

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