As a nationwide database, the Integrated Disbursement and Information System (IDIS) provides HUD with current information regarding the program activities underway across the Nation, including funding data. HUD uses this information to report to Congress and to monitor grantees. IDIS is the draw down and reporting system for the four CPD formula grant programs: Community Development Block Grant (CDBG), HOME Investment Partnerships (HOME), Emergency Solutions Grants (ESG), and Housing Opportunities for Persons with AIDS (HOPWA). The system allows grantees to request their grant funding from HUD and report on what is accomplished with these funds. Grantees also use IDIS for the Recovery Act programs - Homelessness Prevention and Rapid Re-Housing (HPRP), CDBG Recovery (CDBG-R), and Tax Credit Assistance Program (TCAP) - and for Consolidated Planning purposes.
There are two key objectives of the IDIS: to manage and account for disbursement of HOME funds to participating jurisdictions; and to collect, consolidate and report information regarding HOME Program performance.
IDIS is like a "bank." Each PJ has an account in the bank, and each account contains a deposit of HOME monies (and other HUD funds). PJs can withdraw funds from the account, much like computerized banking. The PJ must maintain information regarding the purpose of each expenditure (that is, the activity information). In IDIS, each HOME project is called an "activity." IDIS captures data at four key stages of a HOME activity: 1) Activity set-up; 2) Activity funding; 3) Disbursements of HOME funds requested via IDIS, as needed; and 4) Activity completion information.
*New* Grant Based Accounting Requirements
HUD has updated IDIS to phase out the first-in-first-out (FIFO) accounting methodology. These changes will require grantees to tie activity funding/commitment and draws to specific grants in IDIS. The initial IDIS changes implemented grant-specific accounting beginning with FY 2015 HOME allocations. Future changes will implement HOME deadline compliance requirement in IDIS. Funds from pre-2015 grants will continue to be committed and disbursed using the FIFO method.