Housing Program Worth Billions Lacks 'Basic Accountability,' Says GAO
Government auditors can't determine if the Low-Income Housing Tax Credit program costs too much because the program lacks adequate IRS oversight, according to testimony before Congress.
An $8 billion federal program to build housing for the poor is so lacking oversight that virtually no one in government knows how it is working, a government auditor testified before Congress today.
"IRS and no one else in the federal government really has
