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Oversight of the Low-Income Housing Tax Credit Program Can Be improved

Report Information

Date Issued
Report Number
2022-30-012
Report Type
Audit
Joint Report
Yes
Participating OIG
Treasury Inspector General for Tax Administration
Agency Wide
Yes (agency-wide)
Questioned Costs
$0
Funds for Better Use
$0
View Report

Recommendations

The Commissioner, Small Business/Self-Employed Division, should develop an action plan to identify possible causes and correct reporting errors on Low-Income Housing Tax Credit (LIHTC) documents.
rejected recommendation

The Commissioner, SB/SE Division, should allocate additional resources, when available, to allow for increased Housing Credit Agency (HCA) compliance monitoring reviews.
rejected recommendation