ABSTRACT

Drawdown Levels for the Initial Round of CARES Act Emergency Solutions Grants Were Minimal   [open pdf - 451KB]

From the Document: "We conducted this limited review to identify the U.S. Department of Housing and Urban Development's (HUD) Coronavirus Aid, Relief, and Economic Security Act (CARES Act) drawdown levels for the initial round of Emergency Solutions Grants (ESG) funding. In addition, we researched information published by grantees on how they have used and will use their funds. [...] Our review generally covered the period April 2020 to July 8, 2020. We conducted the review from June to July 2020. To accomplish our review, we identified a universe of 362 grantees with a combined total of $1 billion for the initial allocation of ESG CARES Act funding announced on April 2, 2020. We checked ESG CARES Act grant obligation and drawdown amounts in HUD's Integrated Disbursement and Information System (IDIS) for all 362 grantees on June 2 and July 1, 2020."

Report Number:
Department of Housing and Urban Development, Office of Inspector General, Memorandum No. 2021-LA-0801
Publisher:
Date:
2020-11-16
Series:
Copyright:
Public Domain
Retrieved From:
Oversight.gov: https://www.oversight.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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