Communities (1 - 10 of 37 items)
Community Development Block Grants: Sources of Data on Community Income Are Limited
GAO-16-734: Published: Sep 6, 2016. Publicly Released: Sep 6, 2016.
The Department of Housing and Urban Development's (HUD) and states' primary method for communities to demonstrate eligibility when they disagree with HUD's eligibility determination is to allow communities to conduct their own local income surveys to show that they meet the Community Development Block Grant (CDBG) income threshold. HUD instructs small communities, known as nonentitlement communiti...
New Markets Tax Credit: Better Controls and Data Are Needed to Ensure Effectiveness
GAO-14-500: Published: Jul 10, 2014. Publicly Released: Aug 11, 2014.
The financial structures of New Markets Tax Credit (NMTC) investments have become more complex and less transparent over time. The increased complexity is due, in part, to combining the NMTC with other federal, state, and local government funds. Based on GAO's survey of Community Development Entities (CDEs) an estimated 62 percent of NMTC projects received other federal, state, or local government...
HUD Has Identified Performance Measures for Its Block Grant Programs, but Information on Impact Is Limited
GAO-12-575R: Published: May 15, 2012. Publicly Released: May 15, 2012.
Information on the overall effectiveness (or impact) of the CDBG and HOME programs is limited. According to HUD officials, the agency has faced challenges in evaluating the impact of CDBG and HOME because, among other things, such an evaluation would have to compare neighborhoods that received program assistance with those that did not. Our previous work has also identified the difficulties of eva...
Community Development Financial Institutions and New Markets Tax Credit Programs in Metropolitan and Nonmetropolitan Areas
GAO-12-547R: Published: Apr 26, 2012. Publicly Released: Apr 26, 2012.
The policies and procedures of the CDFI and NMTC Programs help ensure that awards and allocations generally are proportionate to the numbers of qualified applicants that serve metropolitan and nonmetropolitan areas. The CDFI Programs authorizing legislation and regulations require that award recipients constitute a geographically diverse group, serving metropolitan and nonmetropolitan areas...
FEMA and the Corps Have Taken Steps to Establish a Task Force, but FEMA Has Not Assessed the Costs of Collecting and Reporting All Levee-Related Concerns
GAO-11-689R: Published: Jul 29, 2011. Publicly Released: Jul 29, 2011.
Recent catastrophic flooding in Arkansas, Louisiana, Mississippi, Missouri, and Tennessee caused levee breaches and forced mandatory evacuations; while record flooding along the Mississippi and lower Ohio River valleys prompted the U.S. Army Corps of Engineers (Corps) to rupture the Bird's Point-New Madrid Levee, resulting in the flooding of more than 130,000 acres of Missouri farmland. The destru...
Community Development Block Grants: Entitlement Communities' and States' Methods of Distributing Funds Reflect Program Flexibility
GAO-10-1011: Published: Sep 15, 2010. Publicly Released: Sep 15, 2010.
The Housing and Community Development Act of 1974 (act) creating the Community Development Block Grant (CDBG) program provides entitlement communities (metropolitan cities and urban counties) and states with significant discretion in how they distribute funds for eligible activities. Because of this discretion, entitlement communities may use a variety of processes to select individual projects an...
Empowerment Zone and Enterprise Community Program: Improvements Occurred in Communities, but the Effect of the Program Is Unclear
GAO-06-727: Published: Sep 22, 2006. Publicly Released: Sep 22, 2006.
The Empowerment Zone/Enterprise Community (EZ/EC) program is one of the most recent large-scale federal effort intended to revitalize impoverished urban and rural communities. There have been three rounds of EZs and two rounds of ECs, all of which are scheduled to end no later than December 2009. The Community Renewal Tax Relief Act of 2000 mandated that GAO audit and report in 2004, 2007, and 201...
Community Development Block Grants: Program Offers Recipients Flexibility but Oversight Can Be Improved
GAO-06-732: Published: Jul 28, 2006. Publicly Released: Aug 28, 2006.
The Community Development Block Grant (CDBG) program provides funding for housing, economic development, and other community development activities. In fiscal year 2006, Congress appropriated about $4.2 billion for the program. Administered by the Department of Housing and Urban Development (HUD), the CDBG program provides funding to metropolitan cities and urban counties, known as entitlement com...
Community Development Block Grant Formula: Targeting Assistance to High-Need Communities Could Be Enhanced
GAO-05-622T: Published: Apr 26, 2005. Publicly Released: Apr 26, 2005.
Congress asked GAO to comment on the Department of Housing and Urban Development's (HUD) 2005 report on the Community Development Block Grant (CDBG), "CDBG Formula Targeting to Community Development Need." The CDBG program distributes funding to communities using two separate formulas that take into account poverty, older housing, community size, and other factors. That study evaluates the program...
Community Development: Federal Revitalization Programs Are Being Implemented, but Data on the Use of Tax Benefits Are Limited
GAO-04-306: Published: Mar 5, 2004. Publicly Released: Mar 5, 2004.
Congress established the Empowerment Zone and Enterprise Community (EZ/EC) program in 1993 and the Renewal Community (RC) program in 2000 to provide assistance to the nation's distressed communities. To date, Congress has authorized three rounds of EZs, two rounds of ECs, and one round of RCs. The Community Renewal Tax Relief Act of 2000 mandated that GAO audit and report in 2004, 2007, and 2010 o...