How HUD could get a better handle on funds that help pay for low-income housing

Published: Aug. 30, 2023, 12:15 p.m.

b"Housing and Urban Development (HUD) does not build low-income housing, but it helps finance it. Since 2016, HUD's Housing Trust Fund has made grants to 263 projects for people with extremely low incomes. The Government Accountability Office (GAO) found that HUD officials need to do a better job of monitoring and overseeing the use of Housing Trust Fund dollars. For details, Federal Drive Host Tom Temin spoke with GAO's Director of the Financial Markets and Community Investment Team, Jill Naamane.\\nLink to this GAO Report\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"