Communities (1 - 10 of 32 items) in Custom Date Range
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...
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...
Urban Partnership Agreements: Congestion Relief Initiative Holds Promise; Some Improvements Needed in Selection Process
GAO-09-154: Published: Mar 25, 2009. Publicly Released: Mar 25, 2009.
As part of a broad congestion relief initiative, the Department of Transportation awarded about $848 million from 10 grant programs to five cities (Miami, Minneapolis, New York, San Francisco, and Seattle) in 2007 as part of the Urban Partnership Agreements (UPA) initiative. The UPA initiative is intended to demonstrate the feasibility and benefits of comprehensive, integrated, and innovative appr...
HUD and Treasury Programs: More Information on Leverage Measures' Accuracy and Linkage to Program Goals Is Needed in Assessing Performance
GAO-08-136: Published: Jan 18, 2008. Publicly Released: Feb 19, 2008.
This is the second of two reports on the leveraging of federal funds in housing and community and economic development programs. Leveraging involves using a source of funds to attract other funds or combining multiple sources of funds. This report examines (1) the leverage measures and the transparency of the data and methods used to calculate them, and (2) the relevance of such measures in assess...
Disaster Housing: Implementation of FEMA's Alternative Housing Pilot Program Provides Lessons for Improving Future Competitions
GAO-07-1143R: Published: Aug 31, 2007. Publicly Released: Oct 1, 2007.
The Department of Homeland Security's (DHS) Federal Emergency Management Agency (FEMA) provides direct temporary housing assistance in response to disasters primarily through a combination of travel trailers and manufactured homes and for a period of up to 18 months. In 2005, Hurricanes Katrina and Rita devastated much of the housing stock across the Gulf Coast region, leaving thousands of persons...
Youthbuild Program: Analysis of Outcome Data Needed to Determine Long-Term Benefits
GAO-07-82: Published: Feb 28, 2007. Publicly Released: Feb 28, 2007.
Since 1993, the Department of Housing and Urban Development (HUD) has provided funding for Youthbuild, a competitive grant program that trains and educates disadvantaged youth and helps build low-income housing. In 2006, Youthbuild was transferred to the Department of Labor (Labor) to better align the Youthbuild program with existing youth workforce and training programs. In response to concerns a...
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...
Empowerment Zone and Enterprise Community Program: Survey of Round I Federal Enterprise Communities
GAO-06-734SP: Published: Sep 22, 2006. Publicly Released: Sep 22, 2006.
This document presents the results of GAO's survey of federal Enterprise Communities (EC) that were designated in the first round of the Empowerment Zone and Enterprise Community program in 1994. Round I ECs received $2.95 million in program grants and businesses in the ECs could use a program tax-exempt bond. The purpose of our survey was to collect data describing how Round I ECs implemented the...
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...