Vermont Audit Reports

Issue Date: December 7, 2009
Audit Report No.: 2010-BO-1801
File Size: 54.5 KB

Title: The State of Vermont's Agency of Commerce and Community Development Had Sufficient Capacity To Effectively Administer Its Neighborhood Stabilization Program

In accordance with our goal to review and ensure the proper administration of Neighborhood Stabilization Program (NSP) funds provided under the Housing and Economic Recovery Act of 2008 (HERA) and/or the American Recovery and Reinvestment Act of 2009 (ARRA), we conducted a capacity review of the operations of the State of Vermont's (State) Agency of Commerce and Community Development (Agency), which has responsibility for administering the State's NSP. Our objective was to determine whether the Agency had the necessary capacity to effectively and efficiently administer the NSP funds provided through HERA. This memorandum report contains no recommendations.