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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 Department of Housing and Urban Development (HUD) has subsidized the development of over 23,000 properties by offering owners favorable long-term mortgage financing or rental assistance payments in exchange for owners' commitment to house low-income tenants.
Pursuant to a congressional request, GAO provided information on data sharing among federally funded benefit and loan programs, focusing on: (1) the data that selected benefit and loan programs use to verify self-reported, eligibility-related information; (2) whether additional data sharing with federal,...