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GAO-11-189R 1 (2010-12-06)

handle is hein.gao/gaobaanvq0001 and id is 1 raw text is: 





  J    Acountability * Integrity * Reliability
United States Government Accountability Office
Washington, DC 20548




             December 6, 2010

             The Honorable Christopher J. Dodd
             Chairman
             The Honorable Richard C. Shelby
             Ranking Member
             Committee on Banking, Housing,
               and Urban Affairs
             United States Senate

             The Honorable Barney Frank
             Chairman
             The Honorable Spencer Bachus
             Ranking Member
             Committee on Financial Services
             House of Representatives

             Subject: The Housing Assistance Council's Use of Appropviated Funds

             The Food, Conservation, and Energy Act of 2008 authorized appropriations of $10 million
             annually for the Housing Assistance Council (HAC) from fiscal years 2009 through 2011.'
             Established in 1971, HAC is a nonprofit rural housing organization that aims to improve
             housing conditions for low-income rural residents, especially in high-need areas such as
             Indian country and Appalachia and among groups such as farmworkers. As part of its
             mission, HAC also offers technical assistance in developing affordable rural housing and
             capacity building to a variety of groups involved in rural housing. HAC signs agreements
             each year with the Department of Housing and Urban Development (HUD) detailing how
             it will use its appropriations. The 2008 act required GAO to report on HAC's use of
             appropriated funds over the last 7 years, from 2003 to 2009-a period when HAC
             received more than $20 million in appropriations.

             To respond to this mandate, our work had four objectives: to (1) describe HAC programs
             and activities, (2) identify the sources of HAC's funding and its use of the funds it
             receives, (3) discuss the results of HAC's programs and activities, and (4) determine
             what is known about HAC's effectiveness in assisting rural communities. On October 28,



             1P.L. 110-246.


GAO-11-189R HAC's Use of Funds

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