Housing and Urban Development: Reinvention and Budget Issues (Testimony,
02/22/95, GAO/T-RCED-95-112).

The Department of Housing and Urban Development's (HUD) budget request
for fiscal year 1996 totals $26.3 billion, a two percent increase in
budget authority and a two percent decrease in outlays over fiscal year
1995 levels.  The budget reflects HUD's proposed first steps in
transitioning to the new agency envisioned in its December 1994
reinvention blueprint.  This testimony focuses on the (1) challenges
facing HUD in implementing a budget based on the reinvention blueprint
within the time frames envisioned, (2) potential impact of long-term
management deficiencies on HUD's ability to implement the blueprint, and
(3) budgetary savings that HUD proposes achieving during the next five
years.

--------------------------- Indexing Terms -----------------------------

 REPORTNUM:  T-RCED-95-112
     TITLE:  Housing and Urban Development: Reinvention and Budget Issues
      DATE:  02/22/95
   SUBJECT:  Public housing
             Housing programs
             Federal agency reorganization
             Strategic planning
             Federal/state relations
             Community development programs
             Federal aid for housing
             Future budget projections
IDENTIFIER:  Community Opportunity Fund
             Community Development Block Grant
             Affordable Housing Fund
             
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