|Title||Announced||Priority Area||Program Area||State|
|HUD's Oversight of Rent Credits
|02/2018||Financial Management||Office of the Chief Administrative Officer||All|
HUD OIG is auditing rent credits that HUD received from the U.S. General Services Administration (GSA) during fiscal years 2015 through 2018 in exchange for financial contributions for building improvements. We initiated this audit due to concerns we identified while completing a review of HUD’s use of funds approved by Congress for building improvements. Our objective was to determine whether HUD accounted for and managed rent credits, issued by GSA in exchange for HUD’s financial contributions for building improvements, in accordance with applicable requirements.