Report on the Status of Impounded Budget Authority for HUD

ACG-76-21: Published: Apr 6, 1976. Publicly Released: Apr 6, 1976.

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The Department of Housing and Urban Development (HUD) has been noted for allowing impounded funds to lapse. With this in mind, GAO will monitor the impounded budget authority amounting to $600 million authorized for the HUD state housing financing and development agencies which was proposed for rescission in the President Eighth Special Message.

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