- CPD Notices
- HUD Guidance
Date Published: March 2014
This Notice provides a consistent methodology for conducting risk analyses for Community Planning and Development (CPD) formula and competitive grantees and establish monitoring priorities within available resources. This risk analysis process has been incorporated into CPD’s Grants Management Process (GMP) system, a computer-based information system which is used to provide a documented record of conclusions and results.
This Notice is intended to augment the Departmental policy contained in Handbook 1840.1, Rev-3, Departmental Management Control Program, which requires the development of risk-based rating systems for all programs, and Handbook 6509.2 REV-6, Community Planning and Development Monitoring Handbook. The major steps for implementing risk-based monitoring include:
Each Field Office will perform the risk analysis using the methodology described in this Notice. The Evaluator (CPD Representative, Financial Analyst or Specialist) and Management Representative (CPD Director, Deputy Director, or Program Manager) have specific responsibilities for worksheet review and information update for each grantee.