HUD Updates Financial Data Mart for Improved Reporting Transparency
Published Date: 4/28/2026
Notice
Summary
HUD is updating its Financial Data Mart system, which stores and reports financial info from various HUD programs. These changes add new ways the data can be used and shared, aiming to improve transparency and reporting. If you want to comment, you’ve got until May 28, 2026, before the updates go live—no extra costs involved!
Analyzed Economic Effects
4 provisions identified: 1 benefits, 1 costs, 2 mixed.
Treasury Can Check HUD Records for Improper Payments
HUD added a routine use authorizing disclosure to the U.S. Department of the Treasury to support the Do Not Pay Working System, and to identify, prevent, or recoup fraud and improper payments as permitted by law. The routine use cites Executive Order 14249 and OMB Memorandum M-25-32.
HUD May Share Data to Make Payments
HUD added a routine use authorizing disclosure of FDM records to the U.S. Department of the Treasury when necessary to support disbursement of funds and related transactions or adjustments. The system stores bank account and routing numbers that may be used for payments.
Sensitive Financial and ID Data Stored with Safeguards
FDM contains names, Social Security Numbers, Taxpayer IDs, bank account and routing numbers, addresses, salaries, and other identifiers. HUD describes safeguards such as encryption via SFTP, PIV card authentication, background checks, role-based access, annual security training, and recertification of user access.
Your HUD Data May Be Shared for Research
HUD added a routine use that allows Financial Data Mart (FDM) records to be disclosed to contractors, grantees, researchers, and similar entities for statistical analysis and research to support program operations, performance monitoring, evaluation, and policy development. HUD says those records "may not be used in whole or in part to make decisions that affect the rights, benefits, or privileges of specific individuals" and the recipient may not further disclose the records in an identifiable form.
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Key Dates
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