Government Operations:

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.

May 26, 2015

May 20, 2015

May 18, 2015

May 14, 2015

Apr 27, 2015

Apr 20, 2015

Apr 14, 2015

Looking for more? Browse all our products here