Federal Register #2535-NEW

HUD Requests Public Comment on Proposed Grant Recipient Financial Reporting Requirements

The Department of Housing and Urban Development (HUD), through its Office of the Chief Financial Officer, is seeking public comment on a proposed information collection for recipient financial reporting in grant programs. - Government Buyer: - Department of Housing and Urban Development (HUD) - Office of the Chief Financial Officer - No Original Equipment Manufacturers (OEMs) or commercial vendors are mentioned - No products or services are being procured; this is not a solicitation for goods or services - Purpose is to enhance financial reporting requirements for HUD grant recipients - Recipients will be required to submit detailed financial records (e.g., itemized invoices, proof of payments, subaward agreements) - Reporting will be conducted through an online portal - Applies to approximately 30,000 HUD grant recipients for grants awarded in 2025 and beyond - Initiative aims to improve stewardship of federal funds and address fraud, waste, and abuse - No part numbers, purchase quantities, or contract values are specified - Notice is strictly for information collection and public comment, not for procurement

Description

The Department of Housing and Urban Development (HUD) is seeking approval from the Office of Management and Budget (OMB) for a new information collection related to recipient financial reporting for grant programs. This collection aims to enhance financial reporting requirements to strengthen stewardship of federal funds and address potential fraud, waste, and abuse. HUD plans to require grant recipients to submit detailed financial records, including itemized invoices, proof of payments, and subaward agreements, through an online portal. The collection will apply to grants awarded in 2025 and forward, affecting approximately 30,000 HUD grant recipients. Public comments on the proposed collection are invited until September 8, 2026.

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