COVID-19: Additional Risk Assessment Actions Could Improve HUD Oversight of CARES Act Funds, Report to Congressional Committees [open pdf - 1MB]
From the Highlights: "The COVID-19 [coronavirus disease 2019] pandemic and resulting economic downturn created housing instability for many families and individuals. Congress appropriated about $12.4 billion to HUD [Department of Housing and Urban Development] in CARES Act [Coronavirus Aid, Relief, and Economic Security Act] funds to prevent, prepare for, and respond to housing needs related to COVID-19. GAO [Government Accountability Office] has previously reported on HUD's persistent management challenges and noted the potential for these challenges to affect the implementation and oversight of HUD's COVID-19 response. The CARES Act includes a provision for GAO to monitor the federal government's efforts to respond to the COVID-19 pandemic. This report examines HUD's actions to oversee its CARES Act funding and manage risks, and HUD's implementation and monitoring of the CARES Act funds of selected community development, homelessness, and rental assistance programs. GAO reviewed HUD documentation and analyzed HUD spending data, focusing on the four programs that received the most CARES Act funding. GAO also interviewed HUD officials and associations representing HUD funding recipients."
Government Accountability Office: http://www.gao.gov/