TITLE

PROJECT-BASED RENTAL ASSISTANCE: HUD Should Streamline Its Processes to Ensure Timely Housing Assistance Payments

AUTHOR(S)
Wood, David G.
PUB. DATE
October 2007
SOURCE
GAO Reports;10/17/2007, preceding p1
SOURCE TYPE
Government Documents
DOC. TYPE
Article
ABSTRACT
The article discusses the timeliness of U.S. Department of Housing and Urban Development's (HUD) monthly housing assistance payments, the factors that affected payment timeliness and the effects of delayed payments on project owners. Several factors affecting the timeliness includes the process of renewing contracts, internal HUD processes for funding contracts, and monitoring how quickly each contract uses its funding. The problems may delay contract renewals and may cause late payments.
ACCESSION #
27493432

 

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