**GAO-08-136**                      Published: Jan 18, 2008. Publicly Released: Feb 19, 2008.                  

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## Highlights

This is the second of two reports on the leveraging of federal funds in housing and community and economic development programs. Leveraging involves using a source of funds to attract other funds or combining multiple sources of funds. This report examines (1) the leverage measures and the transparency of the data and methods used to calculate them, and (2) the relevance of such measures in assessing performance that the Department of Housing and Urban Development (HUD) and the Department of the Treasury (Treasury) reported for six selected programs. To complete this work, GAO reviewed agency policies and reports, interviewed officials, and analyzed agency data.

## Recommendations

## Recommendations for Executive Action

See All 6 Recommendations

## Full Report

Highlights

Full Report (83 pages)

Accessible Text 

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## Topics

Economic Development

Data integrityEconomic developmentFederal fundsFinancial managementFunds managementGovernment information disseminationHousingHousing programsInformation disclosureInteragency relationsInternal controlsPerformance appraisalPerformance measuresProgram evaluationProgram managementReporting requirementsLeverage (financial)Program goals or objectivesTransparency