HUD Publishes New Housing Counseling Toolkit: Managing Expenditures and Avoiding Recapture
The new housing counseling toolkit, Housing Counseling Toolkit: Managing Expenditures and Avoiding Recapture, helps housing counseling agencies improve their management of budgets and expenditures and potentially avoid a recapture of funds. It reviews common reasons for recapture as well as tips for a systematic approach to budgeting and expenditure tracking that will help agencies avoid loss of funds.
As a part of the toolkit, there is a sample budget tool that housing counseling agencies may want to use to track their HUD Housing Counseling grant funds. These tools accompany the webinar, Managing Expenditures and Avoiding Recapture of Housing Counseling Funds, published in 2017.