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HUD's FY 1998 Budget Request: Some Requests for Funding May Be Unnecessary

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Report Type Reports and Testimonies
Report Date May 13, 1997
Report No. T-RCED-97-129
Subject
Summary:

This testimony addresses the Department of Housing and Urban Development's (HUD) fiscal year 1998 budget request. GAO's primary focus is on HUD's request for more than $9 billion to renew rental assistance contracts as well as on some of the assumptions that underlie HUD's estimates. GAO discusses (1) the estimates that HUD used to develop its budget request for renewing Section 8 assisted housing contracts, (2) HUD's justification for 50,000 additional Section 8 certificates, (3) HUD's success in reducing the level of uncommitted public housing modernization funds held by housing authorities, and (4) HUD's request for $100 million to fund the second round of the Empowerment Zone/Enterprise Community Program.

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