HUD Wants New Reports on Grant Spending
Published Date: 7/8/2026
Notice
Summary
HUD wants to collect new financial reports from grant recipients to make sure federal money is spent wisely. This affects anyone who gets HUD grants and asks for feedback by September 8, 2026. The goal is to improve how funds are tracked without adding too much extra work or cost.
Analyzed Economic Effects
3 provisions identified: 0 benefits, 2 costs, 1 mixed.
New HUD grant reporting requirement
If you receive HUD grants with special conditions (typically grants awarded in 2025 and forward), you will be required to submit enhanced financial reports. HUD estimates 30,000 respondents will submit 4 responses per year, at 1.5 hours per response (6 hours per respondent per year), for a total annual burden of 180,000 hours and an annual cost of $8,834,400 using a $49.08 hourly rate.
Specific documents you must provide
HUD requires recipients to submit itemized invoices (vendor/subrecipient names, descriptions, service period, amount billed), proof of payments (canceled checks, payment confirmations, or accounting payment registers), and subaward agreements or signed contracts for expenditures. HUD cites 2 CFR 200.302 for maintaining financial records and 2 CFR 200.334 for retaining records for 3 years.
HUD will use an online portal
HUD is establishing an online portal to collect the required records from recipients; over time HUD anticipates this collection will replace existing collections used for financial monitoring. The portal will be the mechanism recipients use to submit the itemized invoices, proof of payments, and subaward agreements described in the proposal.
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Department and Agencies
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