ICYMI: Re: 1602 & 1603 Cash Grant Exchange Programs

Published by Michael Novogradac on Thursday, March 17, 2011 - 12:00am

ICYMI: Here is a nice little gem from the U.S. Department of the Treasury FY 2012 Budget in Brief:

Explaining reasons for budgeted levels of salaries and expenses for the Office of Inspector General:

“Treasury’s Recovery Act grants in lieu of tax credit programs—for specified energy property and to states for low-income housing projects—are estimated to cost almost $20 billion over their lives. OIG anticipates a significant increase of related criminal investigations as Treasury continues to disburse these funds.”

Click here for the link to the Budget in Brief.