HUD GONE Act

HUD GONE Act

Announced: 11/2018 State: DC
Priority Area: Mandatory WorkProgram Area: Chief Financial Officer

Summary

HUD OIG is reviewing HUD’s grant closeout process.  The Grants Oversight and New Efficiency (GONE) Act was enacted in 2016 and requires Federal agencies to report on certain expired grants and awards, and to take appropriate action to close them out.  The review objectives are to determine whether HUD: (1) established adequate grant closeout processes to ensure compliance with the GONE Act; and, (2) ensured that reports related to its compliance with the GONE Act were accurate.