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RCED-92-187R 1 (1992-05-12)

handle is hein.gao/gaobackar0001 and id is 1 raw text is: 


GAO          United States
             General Accounting Office
             Washington, D.C. 20548

             Resources, Community, and
             Economic Development Division
             B-248459


             May 12, 1992


             The Honorable Barbara A. Mikulski
             Chair, Subcommittee on VA, HUD                    146589
               and Independent Agencies
             Committee on Appropriations
             United States Senate

             Dear Madam Chair:

             On November 26, 1991, you asked that we report on the
             Department of Housing and Urban Development's (HUD)
             budgetary needs for expiring section 8 certificate and
             voucher contracts for fiscal year 1993. Your request was
             based on the concern that in previous years HUD has not
             been able to accurately predict its budget needs for
             expiring certificate and voucher contracts. In an April
             13, 1992, briefing on the progress of our work, we informed
             your office that in visits to two HUD field offices (in
             Baltimore, Md., and Richmond, Va.), we found certificate
             and voucher contracts needing renewal that had not been
             included in the President's fiscal year 1993 budget
             request. Subsequent to the April 13 briefing, we completed
             work at a third HUD field office (in Minneapolis, Minn.).
             This letter provides the results of our work to estimate
             renewal needs at the three offices for your use in
             considering HUD's fiscal year 1993 budget request.

             In summary, as of April 30, 1992, HUD estimated that $237.8
             million (about 4 percent of the nationwide total) will be
             needed to renew expiring tenant-based section 8 certificate
             and voucher contracts at the three HUD field offices. We
             found that this estimate for the three offices (1) did not
             include $16.4 million for contracts that must be renewed in
             fiscal year 1993 and (2) included $8.6 million for
             contracts that are not due to be renewed in that fiscal
             year. The estimates differed because HUD field offices and
             HUD quality control procedures did not identify contracts
             that are due to be renewed in fiscal year 1993 and because
             HUD data bases used to supplement information supplied by
             field offices contained incorrect information. Since we
             reviewed contracts at only three field offices, our results
             cannot be generalized to the nation as a whole.

                                       GAO/RCED-92-187R, Section 8 Budget Needs

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