Department of Housing and Urban Development: Revisions to the Public Housing Operating Fund Program
GAO-06-107R: Oct 3, 2005
- Full Report:
GAO reviewed the Department of Housing and Urban Development's (HUD) new rule on the Public Housing Operation Fund Program. GAO found that (1) the rule amends the regulations of the Public Housing Operating Fund Program to provide a new formula for distributing operating subsidy to public housing agencies and to establish requirements for the agencies to convert asset management; and (2) HUD complied with applicable requirements in promulgating the rule.