Review of HUD’s Process for Monitoring Recipient Reporting for the American Recovery and Reinvestment Act of 2009
"The American Recovery and Reinvestment Act of 2009 (Recovery Act) includes $13.61 billion for projects and programs administered by the U.S. Department of Housing and Urban Development (HUD). The Recovery Act created the Recovery Accountability and Transparency Board (Board) to coordinate and conduct oversight of covered funds to prevent fraud, waste, and abuse. The Board has required the Inspector General community to evaluate Federal agencies’ process for monitoring recipient reporting of Recovery Act funds for the quarter ending September 30, 2009. The audit reports are to be issued to their agencies no later than October 30, 2009. The reports will also be submitted to the Board, which will compile the results and issue a consolidated report with recommendations for improvement across the Federal government..."