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Pursuant to a congressional request, GAO reviewed the Department of Veterans Affairs' (VA) housing assistance program financial statements for the fiscal years ended September 30, 1989 and 1988.

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Recommendations for Executive Action

Agency Affected Recommendation Status
Department of Veterans Affairs 1. The Secretary of Veterans Affairs should resubmit proposed legislation in future VA budget submissions seeking a waiver of the Direct Loan Revolving Fund's $1.7 billion liability for appropriations advanced by the Department of the Treasury.
Closed - Implemented
VA submitted proposed legislation in the FY 1993 Office of Management and Budget legislative program and included it again in the FY 1994 program.

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