This GAO report describes the process for designating census tracts as Opportunity Zones and compares characteristics of designated and non-designated tracts; describes Qualified Opportunity Funds' experiences with and states' views on the tax...

Federal economic adjustment assistance (EAA) programs were established, in part, to help workers adjust to these economic disruptions. Experts in the GAO's roundtable identified a range of challenges to using EAA programs to effectively respond to...

This report from the Government Accountability Office examines (1) characteristics of borrowers and intermediaries in the Microloan Program, (2) program oversight of intermediaries and borrowers, (3) program performance measures, and (4)...

In this revised report by the Office of Inspector General, North Dakota's SSBCI program, Mandan Consortium is audited. The audit finds that Mandan obligated approximately $8.9 million through a loan participation program.

The Office of the Inspector General reports on one of Rhode Island's SSBCI venture capital program, Slater Technology Fund. The report finds that the program properly used $1.5M in SSBCI funds.

In this Office of Inspector General report, West Virginia's SSBCI programs are audited. The audit reveals that $13.2M has been spent or obligated as of September 2013.

OIG reports that Massachusetts appropriately used most of the SSBCI funds it had expended as of June 30, 2012, but spent $237,000 to participate in an SBA-guaranteed loan under the MBDC Loan Participation Program, which Treasury officials said was...

In the report, the Dept. of the Treasury Office of Inspector General found that Illinois used most of their SSBCI funds appropriately, but did participate in a loan that was used to purchase the stock of a company representing its entire ownership...

This report by the Dept. of the Treasury Office of Inspector General reviews Washington's use of funds awarded under the SSBCI program. In the report, OIG found that borrower and lender assurances were complete and timely.

This report by the Dept. of the Treasury Office of Inspector General reviews Tennessee's use of funds awarded under the first iteration of the SSBCI program. OIG determined that the state of Tennessee properly used all $13.5 million of the SSBCI...

The Dept. of the Treasury Office of Inspector General's review of Florida's SSBCI fund found most transactions complied with program requirements. However, the State participated in a $34.7M FLVCP investment that exceeded the $20M restriction.

This report by the Dept. of the Treasury's Office of Inspector General reviews American Samoa’s use of funds awarded under the SSBCI 1.0 program. The OIG found that American Samoa has not provided sufficient records to determine the Territory's...

This report by the Dept. of the Treasury Office of Inspector General reviews North Carolina’s use of funds awarded under the SSBCI program. In the report, OIG found the state to have conducted prohibited actions, but did not find reckless or...

This report by the Dept. of the Treasury Office of Inspector General reviews Idaho’s use of funds awarded under the SSBCI program. In the report, OIG found the state to have some inaccuracies in reporting, but did not find reckless or intentional...

This report by the Dept. of the Treasury Office of Inspector General reviews Indiana’s use of funds awarded under the SSBCI program. In the report, OIG found Indiana accountable for reckless, intentional misuse of funds.

In this Office of Inspector General report, South Carolina's SSBCI programs are audited. The audit finds that South Carolina obligated approximately $16.4 million as of June, 30, 2013.

In this audit report by the Office of the Inspector General, Kansas' use of SSBCI funds are examined. The audit finds that Kansas disbursed the majority of its first tranche.

The America COMPETES Act was authorized to provide loan guarantees for small- or medium-sized manufacturers for the use or production of innovative technologies. To determine the status of the Department of Commerce's efforts to execute this...

The Treasury Department's OIG released their Audit Report on Alabama's use of federal funds through SSBCI 1.0. The audit determines that Alabama was fully compliant with program requirements and contributed the compliance to a best practice employed...

The Government Accountability Office (GAO) released their report on the status of three loan programs administered by the Department of Energy (DOE). In the report, GAO reveals the underutilization of these programs and details the efforts of DOE to...

The Office of the Inspector General released their Audit Report on New Jersey's use of federal funds through Treasury's SSBCI. Circumstances in the audit caused OIG to recommend that Treasury provide states with guidance on how to remove withdrawn...

This audit report from the Office of Inspector General reviews Texas' use of funds through the Treasury's State Small Business Credit Initiative. The report found Texas to be fully compliant which was mostly attributed to a state compliance...

The Government Accountability Office produced this guide to help identify criteria and analytical questions for policymakers to consider in weighing and evaluating a tax expenditure.

This audit report from the Office of Inspector General reviews Michigan's use of funds through the Treasury's State Small Business Credit Initiative.

The Office of Inspector General produced this audit of the U.S. Dept. of Treasury's management of Vermont's State Small Business Credit Initiative programs.

The U.S. Government Accountability Office released this report to Congress on the U.S. Treasury's administration of the Small Business Lending Fund and State Small Business Credit Initiative.

This report from the Government Accountability Office covers the use of Gulf Opportunity Zone bonds through June 2008.

This report from the Dept. of Treasury's Office of Inspector General reviews California's use of funds through the first iteration of the State Small Business Credit Initiative.

This report from the Dept. of Treasury's Office of Inspector General reviews Montana's use of funds through the State Small Business Credit Initiative.

The U.S. Government Accountability Office issued this report on the U.S. Dept. of Treasury State Small Business Credit Initiative. The report covers how states intend to use the funding and how the Treasury can improve its oversight of the program.

The Government Accountability Office has compiled this report to look at how the Internal Revenue Service has implemented and monitored ARRA provisions. ARRA had more than 50 provisions, many of which were immediately or retroactively available. IRS...

This report by the Government Accountability Office (GAO) looks at the New Markets Tax Credits (NMTC) program through 2009. It examines CDFI Fund data by year and by state. The report concludes that the program is largely successful in creating...

The Government Accountability Office (GAO) prepared this report that questions the continued use of tax credits and other financial incentives to the corn ethanol industry. The GAO also recommends that Congress require the Environmental Protection...

Report by the Government Accountability Office released in 2008 examining the tax-exempt status of certain bonds.

This report (1) describes the status of the NMTC program, (2) profiles NMTC program participants, (3) assesses the credit’s effectiveness in attracting investment by participating investors, and (4) assesses IRS and the Community Development...

This GAO report (1) describes the status of the NMTC program, (2) profiles community development entities (CDE) that were selected to receive NMTC allocations in 2003, and (3) determines whether systems are in place or planned to ensure compliance...