GAO High-Risk Program

AIMD-94-72R: Published: Jan 27, 1994. Publicly Released: Jan 27, 1994.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

GAO provided updated information on its high risk program, focusing on: (1) lending and insuring issues; (2) contracting issues; and (3) accountability issues. GAO noted that: (1) although the Department of Housing and Urban Development (HUD) has made efforts to address program management problems, billions of dollars are at risk because of organizational, systems, and staffing problems; (2) inadequate information and financial management systems make it more difficult for HUD to establish adequate internal controls; (3) public housing programs are at risk because of high vacancy rates, weak internal controls, and ineffective management; and (4) HUD consolidation of regional and field offices is expected to increase accountability by giving headquarters staff control over field resources.

Aug 11, 2016

Jul 22, 2016

Jul 21, 2016

Jul 6, 2016

Jun 30, 2016

Jun 23, 2016

Jun 20, 2016

Looking for more? Browse all our products here