Text of Recommendation | Require the Municipality to obtain and submit all supporting documentation and HUD determine the eligibility and propriety of $1,011,801 in administrative costs the Corporation charged to the Block Grant revolving fund. Any amounts determined ineligible must be reimbursed to the Block Grant program from nonfederal funds. |
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Recommendation Number | 2005-AT-1013-002-A |
Recommendation Status | Open |
Recommendation Questioned Costs | $0 |
Recommendation Funds for Better Use | $1,011,801 |
Submitting OIG | |
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Report Title | Corporacion para el Fomento EcoNmico de la Ciudad Capital, San Juan, Puerto Rico, Did not Administer Its Independent Capital Fund in Accordance with HUD Requirements. |
Report Submitting OIG-Specific Report Number | 2005-AT-1013 |
Report Date Issued | Thursday, September 15, 2005 |
Report Questioned Costs | $0 |
Report Funds for Better Use | $0 |