HUD issued a notice requesting comments on the proposed collection of financial records from HUD grantees to support expenditures made with federal funding, including payments made by subrecipients and other contracted services.

  • This would apply to all HUD grant recipients managing grants with special conditions for enhanced financial reporting requirements, which HUD expects would typically apply to grants awarded in 2025 and subsequent years.
  • The financial records would include the following information: itemized invoices showing vendor or subrecipient names; descriptions of goods or services provided; service period; amount billed; proof of payments such as canceled checks, payment confirmations, or accounting system payment registers; and subaward agreements or contracts signed with vendors or consultants.
  • HUD says the information would be used to satisfy financial monitoring requirements and, over time, would replace existing collections used to satisfy financial monitoring requirements.

Comments are due September 8, 2026.